136 homes in near MERIT Academy
Homes for Sale near MERIT Academy
El Cajon, CA
About Homes near MERIT Academy
About El Cajon: MERIT Academy is located in El Cajon. El Cajon is a city in San Diego County, California, United States, 17 mi (27 km) east of downtown San Diego. The city takes its name from Rancho El Cajón, which was named for the box-like shape of the valley that surrounds the city, and the origin of the city's common nickname "the Box".
These are homes for sale within about 2 miles of MERIT Academy in El Cajon (Topfind School Score: 1/10). The area around the school has 136 active listings.
MERIT Academy Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 7% over the last six months, though still 3% below a year ago, and selling times have improved 40% versus six months ago. At the same time, 46% 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
$607K
↓ 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
3.6 months of supply
Balanced Supply136 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 ~35 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 40% 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 60% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in MERIT Academy Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
41%
Homeowners
59%
Renters
Homeownership is 14.5 points lower than the California average (55.5%)
33,986 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $209K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$332K)
Price Reductions
62 listings have reduced their price
46% of active listings
Average reduction: 6.3% (~$38K)
MERIT Academy Area Market Overview
MERIT Academy is a high school in the Grossmont Union High district. Its Topfind School Score is 1. Homes in the MERIT Academy area carry a median list price of $607,000. That is about 15.7% below the El Cajon median. The median price moved from $750,500 in February to $795,000 in July, a 5.9% increase over six months. Right now 136 homes are on the market in the MERIT Academy area. Listings on this page are selected by distance to MERIT Academy, not by a confirmed attendance boundary. Confirm enrollment with the district.
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Frequently Asked Questions about Homes near MERIT Academy
How many homes are for sale in MERIT Academy Area, CA?
There are currently 136 homes for sale in MERIT Academy Area, ranging from $159,900 to $2,375,000. 16 of them hit the market within the last week.
What is the median home price in MERIT Academy Area?
The median list price in MERIT Academy Area is $607,000. Price per square foot averages $500. Prices are down 2.9% compared to a year ago.
How fast do homes sell in MERIT Academy Area?
Homes in MERIT Academy Area currently average 35 days on the market, a steady pace.
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