8 homes in zoned to Madison Elementary
Homes Zoned to Madison Elementary
Riverside, CA
About Homes Zoned to Madison Elementary
About Riverside: Madison Elementary is located in Riverside. Riverside is a city in and the county seat of Riverside County, California, United States. It is named for its location beside the Santa Ana River in Southern California. It is the most populous city in the Inland Empire and Riverside County, 12th-most populous city in California, and 62nd-most populous city in the U.S. with a population of 314,998 at the 2020 census. The Riverside–San Bernardino metropolitan area at 4.74 million residents is the 12th-largest metropolitan area in the nation. Riverside is about 50 miles (80 km) east of downtown Los Angeles and is also part of the Greater Los Angeles area.
These are homes for sale inside the attendance boundary for Madison Elementary in Riverside (Topfind School Score: 6/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 8 active listings.
Madison Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 1.6 months of supply, yet the typical home takes about 63 days to sell, and 75% of current listings have been up for more than 30 days, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$649K
↓ 5% 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
1.6 months of supply
Tight Supply8 active listings against the current sales pace works out to about 1.6 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 ~63 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 35% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Madison Elementary Area
Homeownership is near the state average, with a balanced mix of owners and renters.
56%
Homeowners
44%
Renters
Homeownership is 0.5 points higher than the California average (55.5%)
92,368 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $150K in value on average.
Price Reductions
7 listings have reduced their price
88% of active listings
Average reduction: 3.4% (~$22K)
Madison Elementary Attendance Zone Market Overview
As an elementary school, Madison Elementary operates within the Riverside Unified district. It earns a Topfind School Score of 6. Buyers in the Madison Elementary attendance zone are looking at a median list price of $649,000. Compared with Riverside overall, that is an 11.3% discount. Since February, the median price has moved down about 15.9% to $530,000 as of July. The Madison Elementary attendance zone has 8 active listings on the market right now. The homes on this page fall inside the school's attendance zone, so students at these addresses are assigned to Madison Elementary.
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Nearby Schools
Frequently Asked Questions about Homes near Madison Elementary
How many homes are for sale in Madison Elementary Area, CA?
There are currently 8 homes for sale in Madison Elementary Area, ranging from $310,000 to $749,000.
What is the median home price in Madison Elementary Area?
The median list price in Madison Elementary Area is $649,000. Price per square foot averages $461. Prices are down 5.1% compared to a year ago.
How fast do homes sell in Madison Elementary Area?
Homes in Madison Elementary Area currently average 63 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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