9 homes in zoned to Olive Elementary
Homes Zoned to Olive Elementary
Orange, CA
About Homes Zoned to Olive Elementary
About Orange: Olive Elementary is located in Orange. Orange is a city located in northern Orange County, California, United States. It is approximately 3 miles (4.8 km) north of the county seat, Santa Ana. Orange is unusual in this region because many of the homes in its Old Town District were built before 1920. While many other cities in the region demolished such houses in the 1960s, Orange decided to preserve them. The small city of Villa Park is surrounded by the city of Orange. The population of Orange was 139,911 as of 2020.
These are homes for sale inside the attendance boundary for Olive Elementary in Orange (Topfind School Score: 5/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 9 active listings.
Olive Elementary Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 15% over the last six months and 15% over the past year, and supply sits at 3.0 months, roughly in step with demand. At the same time, 33% of sellers have trimmed their asking price, and sales volume is down 13% versus six months ago, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.20M
↑ 15% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.0 months of supply
Balanced Supply9 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~47 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 55% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 56% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Olive Elementary Area
Homeownership is near the state average, with a balanced mix of owners and renters.
58%
Homeowners
42%
Renters
Homeownership is 2.5 points higher than the California average (55.5%)
44,867 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $454K in value on average.
Price Reductions
3 listings have reduced their price
33% of active listings
Average reduction: 7.8% (~$94K)
Olive Elementary Attendance Zone Market Overview
Olive Elementary serves students at the elementary level within the Orange Unified district. It earns a Topfind School Score of 5. Buyers in the Olive Elementary attendance zone are looking at a median list price of $1.2M. Compared with Orange overall, that is a 2.1% premium. Since February, the median price has moved up about 8.4% to $1M as of July. The Olive Elementary attendance zone has 9 active listings on the market right now. This page is limited to homes zoned to Olive Elementary, based on its mapped attendance boundary.
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Nearby Schools
Frequently Asked Questions about Homes near Olive Elementary
How many homes are for sale in Olive Elementary Area, CA?
There are currently 9 homes for sale in Olive Elementary Area, ranging from $560,000 to $1,610,000.
What is the median home price in Olive Elementary Area?
The median list price in Olive Elementary Area is $1,200,000. Price per square foot averages $769. Prices are up 15.3% compared to a year ago.
How fast do homes sell in Olive Elementary Area?
Homes in Olive Elementary Area currently average 47 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.