23 homes in near Bill Libbon Elementary
Homes for Sale near Bill Libbon Elementary
Santa Maria, CA
About Homes near Bill Libbon Elementary
These are homes for sale within about 2 miles of Bill Libbon Elementary in Santa Maria (Topfind School Score: 3/10). The area around the school has 24 active listings.
Bill Libbon Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 1.7 months of supply, yet the typical home takes about 65 days to sell, and 63% 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
$722K
↓ 5% 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
1.7 months of supply
Tight Supply24 active listings against the current sales pace works out to about 1.7 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 ~65 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 23% 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 Bill Libbon Elementary Area
Homeownership is near the state average, with a balanced mix of owners and renters.
51%
Homeowners
49%
Renters
Homeownership is 4.5 points lower than the California average (55.5%)
29,092 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $130K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$287K)
Price Reductions
15 listings have reduced their price
63% of active listings
Average reduction: 13.6% (~$98K)
Bill Libbon Elementary Area Market Overview
Bill Libbon Elementary is an elementary school in the Santa Maria-Bonita district. Its Topfind School Score is 3. Homes in the Bill Libbon Elementary area carry a median list price of $722,450. Compared with Santa Maria overall, that is an 8.0% discount. The median price moved from $612,500 in February to $660,000 in July, a 7.8% increase over six months. Right now 24 homes are on the market in the Bill Libbon Elementary area. Listings on this page are selected by distance to Bill Libbon Elementary, not by a confirmed attendance boundary. Confirm enrollment with the district.
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Nearby Schools
Frequently Asked Questions about Homes near Bill Libbon Elementary
How many homes are for sale in Bill Libbon Elementary Area, CA?
There are currently 24 homes for sale in Bill Libbon Elementary Area, ranging from $295,000 to $1,150,000. 2 of them hit the market within the last week.
What is the median home price in Bill Libbon Elementary Area?
The median list price in Bill Libbon Elementary Area is $722,450. Price per square foot averages $394. Prices are down 4.7% compared to a year ago.
How fast do homes sell in Bill Libbon Elementary Area?
Homes in Bill Libbon Elementary Area currently average 65 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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