40 homes in near Teach Elementary
Homes for Sale near Teach Elementary
San Luis Obispo, CA
About Homes near Teach Elementary
These are homes for sale within about 2 miles of Teach Elementary in San Luis Obispo (Topfind School Score: 10/10). The area around the school has 39 active listings.
Teach Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.4 months of supply, yet the typical home takes about 69 days to sell, and 38% 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
$1.30M
↑ 4% 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
2.4 months of supply
Tight Supply39 active listings against the current sales pace works out to about 2.4 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 ~69 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 18% 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 49% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Teach Elementary Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
39%
Homeowners
61%
Renters
Homeownership is 16.5 points lower than the California average (55.5%)
20,005 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $253K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$490K)
Price Reductions
15 listings have reduced their price
38% of active listings
Average reduction: 7.3% (~$95K)
Teach Elementary Area Market Overview
As an elementary school, Teach Elementary operates within the San Luis Coastal Unified district. The school carries a Topfind School Score of 10. Homes in the Teach Elementary area carry a median list price of $1.3M. That is about 18.3% above the San Luis Obispo median. The median price moved from $1.4M in February to $1.2M in July, a 15.5% decrease over six months. Right now 39 homes are on the market in the Teach Elementary area. Listings on this page are selected by distance to Teach Elementary, not by a confirmed attendance boundary. Confirm enrollment with the district.
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Frequently Asked Questions about Homes near Teach Elementary
How many homes are for sale in Teach Elementary Area, CA?
There are currently 39 homes for sale in Teach Elementary Area, ranging from $255,000 to $3,185,000. 6 of them hit the market within the last week.
What is the median home price in Teach Elementary Area?
The median list price in Teach Elementary Area is $1,299,900. Price per square foot averages $745. Prices are up 4.1% compared to a year ago.
How fast do homes sell in Teach Elementary Area?
Homes in Teach Elementary Area currently average 69 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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