5 homes in zoned to Benjamin Franklin Elementary
Homes Zoned to Benjamin Franklin Elementary
Riverside, CA
About Homes Zoned to Benjamin Franklin Elementary
About Riverside: Benjamin Franklin 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 Benjamin Franklin Elementary in Riverside (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 5 active listings.
Benjamin Franklin Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 1.0 months of supply, yet sale prices have eased 6% over the last six months and are 8% below a year ago, and 80% 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
$720K
↓ 8% 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
1.0 months of supply
Tight Supply5 active listings against the current sales pace works out to about 1.0 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 ~42 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
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 Benjamin Franklin 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 $63K in value on average.
Price Reductions
4 listings have reduced their price
80% of active listings
Average reduction: 4.4% (~$32K)
Benjamin Franklin Elementary Attendance Zone Market Overview
Benjamin Franklin Elementary is an elementary school in the Riverside Unified district. The school carries a Topfind School Score of 9. Buyers in the Benjamin Franklin Elementary attendance zone are looking at a median list price of $720,000. That runs roughly 1.6% lower than Riverside as a whole. Since February, the median price has moved down about 3.0% to $764,000 as of July. The Benjamin Franklin Elementary attendance zone has 5 active listings on the market right now. This page is limited to homes zoned to Benjamin Franklin Elementary, based on its mapped attendance boundary.
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Frequently Asked Questions about Homes near Benjamin Franklin Elementary
How many homes are for sale in Benjamin Franklin Elementary Area, CA?
There are currently 5 homes for sale in Benjamin Franklin Elementary Area, ranging from $649,000 to $778,000.
What is the median home price in Benjamin Franklin Elementary Area?
The median list price in Benjamin Franklin Elementary Area is $720,000. Price per square foot averages $349. Prices are down 8.2% compared to a year ago.
How fast do homes sell in Benjamin Franklin Elementary Area?
Homes in Benjamin Franklin Elementary Area currently average 42 days on the market, a steady pace.
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