37 homes in near Keith McCarthy Academy
Homes for Sale near Keith McCarthy Academy
Lake Elsinore, CA
About Homes near Keith McCarthy Academy
About Lake Elsinore: Keith McCarthy Academy is located in Lake Elsinore. Lake Elsinore is a city in western Riverside County, California, United States. Established as a city in 1888, it is on the shore of Lake Elsinore, a natural freshwater lake about 3,000 acres (1,200 ha) in size. The city has grown from a small resort town in the late 19th and early 20th centuries to a suburban city with a population of 70,265 as of the 2020 census.
These are homes for sale within about 2 miles of Keith McCarthy Academy in Lake Elsinore (Topfind School Score: 1/10). The area around the school has 37 active listings.
Keith McCarthy Academy Area Market Pulse
Topfind Market Read
The picture is mixed here. Supply sits at 3.4 months, roughly in step with demand, yet 41% 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
$550K
↑ 3% 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
3.4 months of supply
Balanced Supply37 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 ~50 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 25% 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 46% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Keith McCarthy Academy Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
72%
Homeowners
28%
Renters
Homeownership is 16.5 points higher than the California average (55.5%)
20,416 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $113K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$190K)
Price Reductions
15 listings have reduced their price
41% of active listings
Average reduction: 6.0% (~$33K)
Keith McCarthy Academy Area Market Overview
Keith McCarthy Academy serves students at the K-12 level within the Lake Elsinore Unified district. Its Topfind School Score is 1. Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district. The median list price in the Keith McCarthy Academy area is $550,000. Compared with Lake Elsinore overall, that is an 11.3% discount. Current inventory stands at 37 active listings. February to July saw the median price go from $570,000 to $606,000, up about 6.3%.
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Frequently Asked Questions about Homes near Keith McCarthy Academy
How many homes are for sale in Keith McCarthy Academy Area, CA?
There are currently 37 homes for sale in Keith McCarthy Academy Area, ranging from $215,000 to $1,500,000. 1 of them hit the market within the last week.
What is the median home price in Keith McCarthy Academy Area?
The median list price in Keith McCarthy Academy Area is $550,000. Price per square foot averages $366. Prices are up 3.1% compared to a year ago.
How fast do homes sell in Keith McCarthy Academy Area?
Homes in Keith McCarthy Academy Area currently average 50 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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