117 homes in near MENTORING ACADEMY
Homes for Sale near MENTORING ACADEMY
OAKLAND, CA
About Homes near MENTORING ACADEMY
About OAKLAND: MENTORING ACADEMY is located in OAKLAND. Oakland is a city in the East Bay region of the San Francisco Bay Area in the U.S. state of California. It is the county seat of and the most populous city in Alameda County, California, with a population of 440,646 in 2020. A major West Coast port, Oakland is the most populous city in the East Bay, the third most populous city in the Bay Area, and the eighth most populous city in California. It serves as the Bay Area's trade center: the Port of Oakland is the busiest port in Northern California, and the fifth- or sixth-busiest in the United States. A charter city, Oakland was incorporated on May 4, 1852, in the wake of the state's increasing population due to the California gold rush.
These are homes for sale within about 2 miles of MENTORING ACADEMY in OAKLAND. The area around the school has 116 active listings.
MENTORING ACADEMY Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.8 months of supply, and sale prices are up 13% over the last six months and 6% over the past year. At the same time, the typical home takes about 56 days to sell, and 28% 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
$747K
↑ 6% 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
1.8 months of supply
Tight Supply116 active listings against the current sales pace works out to about 1.8 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 ~56 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 25% 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 MENTORING ACADEMY Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
42%
Homeowners
58%
Renters
Homeownership is 13.5 points lower than the California average (55.5%)
173,179 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $404K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$631K)
Price Reductions
33 listings have reduced their price
28% of active listings
Average reduction: 13.4% (~$100K)
MENTORING ACADEMY Area Market Overview
Buyers in the MENTORING ACADEMY area are looking at a median list price of $747,000. That runs roughly 16.9% higher than OAKLAND as a whole. Since February, the median price has moved down about 3.8% to $1.3M as of July. The MENTORING ACADEMY area has 116 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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Nearby Schools
Frequently Asked Questions about Homes near MENTORING ACADEMY
How many homes are for sale in MENTORING ACADEMY Area, CA?
There are currently 116 homes for sale in MENTORING ACADEMY Area, ranging from $235,000 to $3,980,000. 24 of them hit the market within the last week.
What is the median home price in MENTORING ACADEMY Area?
The median list price in MENTORING ACADEMY Area is $747,000. Price per square foot averages $683. Prices are up 6.0% compared to a year ago.
How fast do homes sell in MENTORING ACADEMY Area?
Homes in MENTORING ACADEMY Area currently average 56 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.