73 homes in near MENLO SCHOOL
Homes for Sale near MENLO SCHOOL
ATHERTON, CA
$5,175,000
FOR SALE2065 Oakley Avenue, Menlo Park, CA 94025
4 beds · 4 baths · 2,942 sqft
About Homes near MENLO SCHOOL
About ATHERTON: MENLO SCHOOL is located in ATHERTON. Atherton is an incorporated town in San Mateo County, California, United States. Its population was 6,823 as of July 2023 estimates. The town's zoning regulations permit only one single-family home per acre in new subdivisions, though smaller lots exist from prior zoning laws.
These are homes for sale within about 2 miles of MENLO SCHOOL in ATHERTON. The area around the school has 73 active listings.
MENLO SCHOOL Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 2.6 months of supply, and selling times have improved 41% versus six months ago. At the same time, the typical home takes about 58 days to sell, 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
$2.50M
↓ 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
2.6 months of supply
Tight Supply73 active listings against the current sales pace works out to about 2.6 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 ~58 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 41% over the last six months.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in MENLO SCHOOL Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
87%
Homeowners
13%
Renters
Homeownership is 31.5 points higher than the California average (55.5%)
2,266 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $2.7M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$8.5M)
Price Reductions
12 listings have reduced their price
16% of active listings
Average reduction: 6.4% (~$160K)
MENLO SCHOOL Area Market Overview
Buyers in the MENLO SCHOOL area are looking at a median list price of $2.5M. Compared with ATHERTON overall, that is a 75.0% discount. Since February, the median price has moved up about 22.1% to $2.9M as of July. The MENLO SCHOOL area has 73 active listings on the market right now. Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district.
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Frequently Asked Questions about Homes near MENLO SCHOOL
How many homes are for sale in MENLO SCHOOL Area, CA?
There are currently 73 homes for sale in MENLO SCHOOL Area, ranging from $16,000 to $49,680,000. 15 of them hit the market within the last week.
What is the median home price in MENLO SCHOOL Area?
The median list price in MENLO SCHOOL Area is $2,498,000. Price per square foot averages $1474. Prices are down 3.4% compared to a year ago.
How fast do homes sell in MENLO SCHOOL Area?
Homes in MENLO SCHOOL Area currently average 58 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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