19 homes in zoned to Melinda Heights Elementary
Homes Zoned to Melinda Heights Elementary
Rancho Santa Margarita, CA
About Homes Zoned to Melinda Heights Elementary
These are homes for sale inside the attendance boundary for Melinda Heights Elementary in Rancho Santa Margarita (Topfind School Score: 9/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 19 active listings.
Melinda Heights Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.1 months of supply, yet sale prices have eased 12% over the last six months and are 10% below a year ago, and 63% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$924K
↓ 10% 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
2.1 months of supply
Tight Supply19 active listings against the current sales pace works out to about 2.1 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~54 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 56% 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 42% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Melinda Heights Elementary Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
73%
Homeowners
27%
Renters
Homeownership is 17.5 points higher than the California average (55.5%)
17,042 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $341K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$465K)
Price Reductions
12 listings have reduced their price
63% of active listings
Average reduction: 4.1% (~$38K)
Explore Nearby Cities
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Nearby Schools
Frequently Asked Questions about Homes near Melinda Heights Elementary
How many homes are for sale in Melinda Heights Elementary Area, CA?
There are currently 19 homes for sale in Melinda Heights Elementary Area, ranging from $599,000 to $1,775,000. 2 of them hit the market within the last week.
What is the median home price in Melinda Heights Elementary Area?
The median list price in Melinda Heights Elementary Area is $924,000. Price per square foot averages $611. Prices are down 10.3% compared to a year ago.
How fast do homes sell in Melinda Heights Elementary Area?
Homes in Melinda Heights Elementary Area currently average 54 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.