51 homes in zoned to Nesbit Elementary
Belmont, CA

About Belmont: Nesbit Elementary is located in Belmont. Belmont is a city in San Mateo County, California, United States. It is in the San Francisco Bay Area, on the San Francisco Peninsula about halfway between San Francisco and San Jose, on the northern edge of California’s Silicon Valley. It was originally part of Rancho de las Pulgas, for which one of its main roads, the Alameda de las Pulgas, is named. The city was incorporated in 1926. Its population was 28,335 at the 2020 census.
These are homes for sale inside the attendance boundary for Nesbit Elementary in Belmont (Topfind School Score: 8/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 105 active listings.
Topfind Market Read
Buyers hold the edge right now. 7.5 months of supply is more than current demand absorbs, and the typical home takes about 66 days to sell. At the same time, selling times have improved 24% versus six months ago, and 57% of current listings are under 30 days old, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$1.30M
↓ 9% 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
7.5 months of supply
Ample Supply105 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~66 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 24% 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 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Nesbit 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%)
10,528 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $653K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.2M)
Price Reductions
35 listings have reduced their price
33% of active listings
Average reduction: 7.0% (~$91K)
As an elementary school, Nesbit Elementary operates within the Belmont-Redwood Shores Elementary district. It earns a Topfind School Score of 8. Buyers in the Nesbit Elementary attendance zone are looking at a median list price of $1.3M. That runs roughly 27.7% lower than Belmont as a whole. Since February, the median price has moved down about 9.1% to $2M as of July. The Nesbit Elementary attendance zone has 105 active listings on the market right now. Listings shown here sit within the mapped attendance boundary, meaning homes here are assigned to Nesbit Elementary.
Browse homes for sale in cities near Belmont
There are currently 105 homes for sale in Nesbit Elementary Area, ranging from $525,000 to $3,638,000. 21 of them hit the market within the last week.
The median list price in Nesbit Elementary Area is $1,299,888. Price per square foot averages $1003. Prices are down 9.3% compared to a year ago.
Homes in Nesbit Elementary Area currently average 66 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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