148 homes in near MEHER SCHOOLS
Homes for Sale near MEHER SCHOOLS
LAFAYETTE, CA
About Homes near MEHER SCHOOLS
About LAFAYETTE: MEHER SCHOOLS is located in LAFAYETTE. Lafayette is a city in Contra Costa County, California, United States. As of 2020, the city's population was 25,391. It was named after the Marquis de Lafayette, a French military officer of the American Revolutionary War.
These are homes for sale within about 2 miles of MEHER SCHOOLS in LAFAYETTE. The area around the school has 143 active listings.
MEHER SCHOOLS Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 17% over the last six months and 12% over the past year, and there is only 2.6 months of supply. At the same time, 41% 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
$598K
↑ 12% 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 Supply143 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 ~47 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 28% 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 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in MEHER SCHOOLS Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
77%
Homeowners
23%
Renters
Homeownership is 21.5 points higher than the California average (55.5%)
9,225 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $469K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$810K)
Price Reductions
59 listings have reduced their price
41% of active listings
Average reduction: 8.7% (~$52K)
MEHER SCHOOLS Area Market Overview
Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district. The median list price in the MEHER SCHOOLS area is $598,000. Compared with LAFAYETTE overall, that is a 65.8% discount. Current inventory stands at 143 active listings. February to July saw the median price go from $938,000 to $798,000, down about 14.9%.
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Frequently Asked Questions about Homes near MEHER SCHOOLS
How many homes are for sale in MEHER SCHOOLS Area, CA?
There are currently 143 homes for sale in MEHER SCHOOLS Area, ranging from $185,000 to $5,495,000. 8 of them hit the market within the last week.
What is the median home price in MEHER SCHOOLS Area?
The median list price in MEHER SCHOOLS Area is $598,000. Price per square foot averages $579. Prices are up 11.8% compared to a year ago.
How fast do homes sell in MEHER SCHOOLS Area?
Homes in MEHER SCHOOLS Area currently average 47 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.