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 166 active listings.
Melinda Heights Elementary Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 18.4 months of supply is more than current demand absorbs, and sale prices have eased 12% over the last six months and are 10% below a year ago. At the same time, selling times have improved 56% versus six months ago, and sales volume is up 15% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$1.03M
↓ 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
18.4 months of supply
Ample Supply166 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~45 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 56% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 49% 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
82 listings have reduced their price
49% of active listings
Average reduction: 4.4% (~$46K)
Melinda Heights Elementary Attendance Zone Market Overview
Melinda Heights Elementary serves students at the elementary level within the Saddleback Valley Unified district. It earns a Topfind School Score of 9. Listings shown here sit within the mapped attendance boundary, meaning homes here are assigned to Melinda Heights Elementary. The Melinda Heights Elementary attendance zone currently shows a median list price of $1M. Compared with Rancho Santa Margarita overall, that is a 5.8% premium. There are 166 homes currently listed for sale in the Melinda Heights Elementary attendance zone. Over the last six months, the median price has eased about 29.7%, from $1.2M in February to $874,450 in July.
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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 166 homes for sale in Melinda Heights Elementary Area, ranging from $599,000 to $1,775,000. 20 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 $1,032,000. Price per square foot averages $658. 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 45 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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