173 homes in near RIO HONDO PREPARATORY
Homes for Sale near RIO HONDO PREPARATORY
ARCADIA, CA
About Homes near RIO HONDO PREPARATORY
About ARCADIA: RIO HONDO PREPARATORY is located in ARCADIA. Arcadia is a city in Los Angeles County, California, United States, located about 13 miles (21 km) northeast of downtown Los Angeles in the San Gabriel Valley and at the base of the San Gabriel Mountains. It contains a series of adjacent parks consisting of the Santa Anita Park racetrack, the Los Angeles County Arboretum and Botanic Garden, and Arcadia County Park. The city had a population of 56,681 at the 2020 census. The city is named after Arcadia, Greece.
These are homes for sale within about 2 miles of RIO HONDO PREPARATORY in ARCADIA. The area around the school has 175 active listings.
RIO HONDO PREPARATORY Area Market Pulse
Topfind Market Read
The picture is mixed here. Sales volume is up 40% versus six months ago, yet 39% of sellers have trimmed their asking price, and the typical home takes about 52 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.09M
↑ 4% 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
4.5 months of supply
Balanced Supply175 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~52 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 18% 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 45% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in RIO HONDO PREPARATORY Area
Homeownership is near the state average, with a balanced mix of owners and renters.
59%
Homeowners
41%
Renters
Homeownership is 3.5 points higher than the California average (55.5%)
19,291 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $479K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$794K)
Price Reductions
69 listings have reduced their price
39% of active listings
Average reduction: 5.3% (~$57K)
RIO HONDO PREPARATORY Area Market Overview
Buyers in the RIO HONDO PREPARATORY area are looking at a median list price of $1.1M. Compared with ARCADIA overall, that is a 31.9% discount. Since February, the median price has moved down about 26.8% to $892,739 as of July. The RIO HONDO PREPARATORY area has 175 active listings on the market right now. The homes shown here are near RIO HONDO PREPARATORY rather than confirmed within an attendance zone, so verify enrollment eligibility with the district.
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Frequently Asked Questions about Homes near RIO HONDO PREPARATORY
How many homes are for sale in RIO HONDO PREPARATORY Area, CA?
There are currently 175 homes for sale in RIO HONDO PREPARATORY Area, ranging from $356,000 to $6,998,000. 8 of them hit the market within the last week.
What is the median home price in RIO HONDO PREPARATORY Area?
The median list price in RIO HONDO PREPARATORY Area is $1,088,000. Price per square foot averages $665. Prices are up 3.7% compared to a year ago.
How fast do homes sell in RIO HONDO PREPARATORY Area?
Homes in RIO HONDO PREPARATORY Area currently average 52 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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