129 homes in near SPIRIT ACADEMY
Homes for Sale near SPIRIT ACADEMY
ORANGE, CA
About Homes near SPIRIT ACADEMY
About ORANGE: SPIRIT ACADEMY is located in ORANGE. Orange is a city located in northern Orange County, California, United States. It is approximately 3 miles (4.8 km) north of the county seat, Santa Ana. Orange is unusual in this region because many of the homes in its Old Town District were built before 1920. While many other cities in the region demolished such houses in the 1960s, Orange decided to preserve them. The small city of Villa Park is surrounded by the city of Orange. The population of Orange was 139,911 as of 2020.
These are homes for sale within about 2 miles of SPIRIT ACADEMY in ORANGE. The area around the school has 129 active listings.
SPIRIT ACADEMY Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 2.3 months of supply, and sale prices are up 19% over the last six months and 7% over the past year. At the same time, 39% 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
$1.36M
↑ 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
2.3 months of supply
Tight Supply129 active listings against the current sales pace works out to about 2.3 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 34% 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 53% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in SPIRIT ACADEMY Area
Homeownership is near the state average, with a balanced mix of owners and renters.
58%
Homeowners
42%
Renters
Homeownership is 2.5 points higher than the California average (55.5%)
44,867 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $741K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.8M)
Price Reductions
50 listings have reduced their price
39% of active listings
Average reduction: 7.2% (~$98K)
SPIRIT ACADEMY Area Market Overview
Buyers in the SPIRIT ACADEMY area are looking at a median list price of $1.4M. Compared with ORANGE overall, that is a 15.7% premium. Since February, the median price has moved up about 7.9% to $1.3M as of July. The SPIRIT ACADEMY area has 129 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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Frequently Asked Questions about Homes near SPIRIT ACADEMY
How many homes are for sale in SPIRIT ACADEMY Area, CA?
There are currently 129 homes for sale in SPIRIT ACADEMY Area, ranging from $215,000 to $9,500,000. 20 of them hit the market within the last week.
What is the median home price in SPIRIT ACADEMY Area?
The median list price in SPIRIT ACADEMY Area is $1,360,000. Price per square foot averages $660. Prices are up 6.7% compared to a year ago.
How fast do homes sell in SPIRIT ACADEMY Area?
Homes in SPIRIT ACADEMY Area currently average 47 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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