96 homes in near RAINBOW KIDS ACADEMY
Homes for Sale near RAINBOW KIDS ACADEMY
GARDEN GROVE, CA
About Homes near RAINBOW KIDS ACADEMY
About GARDEN GROVE: RAINBOW KIDS ACADEMY is located in GARDEN GROVE. Garden Grove is a city in northern Orange County, California, United States. The population was 171,949 at the 2020 census. State Route 22, also known as the Garden Grove Freeway, passes through the city in an east–west direction. The western portion of the city is known as West Garden Grove.
These are homes for sale within about 2 miles of RAINBOW KIDS ACADEMY in GARDEN GROVE. The area around the school has 96 active listings.
RAINBOW KIDS ACADEMY Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 2.5 months of supply, and sale prices are up 10% over the last six months and 9% over the past year. At the same time, 32% of sellers have trimmed their asking price, and selling times have slowed 13% versus six months ago, 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
$998K
↑ 9% 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
2.5 months of supply
Tight Supply96 active listings against the current sales pace works out to about 2.5 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 ~30 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. That said, the pace has eased 13% versus six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in RAINBOW KIDS ACADEMY Area
Homeownership is near the state average, with a balanced mix of owners and renters.
54%
Homeowners
46%
Renters
Homeownership is 1.5 points lower than the California average (55.5%)
48,650 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $217K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$290K)
Price Reductions
31 listings have reduced their price
32% of active listings
Average reduction: 4.5% (~$45K)
RAINBOW KIDS ACADEMY Area Market Overview
Homes in the RAINBOW KIDS ACADEMY area carry a median list price of $998,000. That is roughly in line with the GARDEN GROVE median. The median price moved from $841,000 in February to $990,000 in July, a 17.7% increase over six months. Right now 96 homes are on the market in the RAINBOW KIDS ACADEMY area. The homes shown here are near RAINBOW KIDS ACADEMY rather than confirmed within an attendance zone, so verify enrollment eligibility with the district.
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Nearby Schools
Frequently Asked Questions about Homes near RAINBOW KIDS ACADEMY
How many homes are for sale in RAINBOW KIDS ACADEMY Area, CA?
There are currently 96 homes for sale in RAINBOW KIDS ACADEMY Area, ranging from $445,000 to $1,888,888. 12 of them hit the market within the last week.
What is the median home price in RAINBOW KIDS ACADEMY Area?
The median list price in RAINBOW KIDS ACADEMY Area is $998,000. Price per square foot averages $650. Prices are up 8.8% compared to a year ago.
How fast do homes sell in RAINBOW KIDS ACADEMY Area?
Homes in RAINBOW KIDS ACADEMY Area currently average 30 days on the market, a steady pace.
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