125 homes in near MERRY HILLS SCHOOL
Homes for Sale near MERRY HILLS SCHOOL
SAN JOSE, CA
About Homes near MERRY HILLS SCHOOL
These are homes for sale within about 2 miles of MERRY HILLS SCHOOL in SAN JOSE. The area around the school has 125 active listings.
MERRY HILLS SCHOOL Area Market Pulse
Topfind Market Read
The picture is mixed here. Sales volume is up 64% versus six months ago, yet 37% of sellers have trimmed their asking price, and sale prices have eased 5% over the last six months and are 7% below a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.05M
↓ 7% 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
4.6 months of supply
Balanced Supply125 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 ~55 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 13% 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 54% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in MERRY HILLS SCHOOL Area
Homeownership is near the state average, with a balanced mix of owners and renters.
56%
Homeowners
44%
Renters
Homeownership is 0.5 points higher than the California average (55.5%)
326,767 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $272K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$520K)
Price Reductions
46 listings have reduced their price
37% of active listings
Average reduction: 8.7% (~$91K)
MERRY HILLS SCHOOL Area Market Overview
Buyers in the MERRY HILLS SCHOOL area are looking at a median list price of $1.1M. That is about 15.3% below the SAN JOSE median. Since February, the median price has moved down about 7.7% to $1.1M as of July. The MERRY HILLS SCHOOL area has 125 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.
Explore Nearby Cities
Browse homes for sale in cities near San Jose
Nearby Schools
Frequently Asked Questions about Homes near MERRY HILLS SCHOOL
How many homes are for sale in MERRY HILLS SCHOOL Area, CA?
There are currently 125 homes for sale in MERRY HILLS SCHOOL Area, ranging from $349,000 to $3,450,000. 19 of them hit the market within the last week.
What is the median home price in MERRY HILLS SCHOOL Area?
The median list price in MERRY HILLS SCHOOL Area is $1,050,000. Price per square foot averages $761. Prices are down 7.2% compared to a year ago.
How fast do homes sell in MERRY HILLS SCHOOL Area?
Homes in MERRY HILLS SCHOOL Area currently average 55 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
Browse Homes by City
Explore real estate in popular California communities.