3 homes in near Marengo Ranch Elementary
Homes for Sale near Marengo Ranch Elementary
Galt, CA
About Homes near Marengo Ranch Elementary
About Galt: Marengo Ranch Elementary is located in Galt. Galt is a city in Sacramento County, California, United States. It is part of the Sacramento metropolitan area. The population was 25,383 at the 2020 census, up from 23,647 at the 2010 census.
These are homes for sale within about 2 miles of Marengo Ranch Elementary in Galt (Topfind School Score: 7/10). The area around the school has 3 active listings.
Marengo Ranch Elementary Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Supply sits at 3.0 months, roughly in step with demand, and the typical home sells in about 33 days. At the same time, 33% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$480K
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.0 months of supply
Balanced Supply3 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 ~33 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
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Marengo Ranch Elementary Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
77%
Homeowners
23%
Renters
Homeownership is 21.5 points higher than the California average (55.5%)
8,195 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $280K in value on average.
Price Reductions
1 listings have reduced their price
33% of active listings
Average reduction: 1.7% (~$8K)
Marengo Ranch Elementary Area Market Overview
Marengo Ranch Elementary is an elementary school in the Galt Joint Union Elementary district. The school carries a Topfind School Score of 7. Buyers in the Marengo Ranch Elementary area are looking at a median list price of $479,990. Compared with Galt overall, that is a 36.0% discount. Since February, the median price has moved up about 915.6% to $457,028 as of July. The Marengo Ranch Elementary area has 3 active listings on the market right now. Listings on this page are selected by distance to Marengo Ranch Elementary, not by a confirmed attendance boundary. Confirm enrollment with the district.
Explore Nearby Cities
Browse homes for sale in cities near Galt
Nearby Schools
Frequently Asked Questions about Homes near Marengo Ranch Elementary
How many homes are for sale in Marengo Ranch Elementary Area, CA?
There are currently 3 homes for sale in Marengo Ranch Elementary Area, ranging from $459,990 to $750,000. 1 of them hit the market within the last week.
What is the median home price in Marengo Ranch Elementary Area?
The median list price in Marengo Ranch Elementary Area is $479,990. Price per square foot averages $293.
How fast do homes sell in Marengo Ranch Elementary Area?
Homes in Marengo Ranch Elementary Area currently average 33 days on the market, a steady pace.