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Featured local agent — Downey, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Downey, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Downey, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Downey, CA Housing Market & Real Estate

Seller's market+0.7% YoY

Housing market overview · Updated monthly ·

$933,500median sale price

How is the Downey, CA housing market right now?

The median home sale price in Downey, CA is $933,500, up 0.7% year-over-year. Homes sell in an average of 29 days with 65 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Downey a buyer's or seller's market?

Seller's market2.5 months of supply29 avg. days on market

Downey, CA is currently a seller's market, based on 2.5 months of supply and homes selling in about 29 days. How we determine this →

Homes sold

26

Last 12 weeks

Days on market

29

Average pace

Active listings

65

2.5 months supply

Sale-to-list

102.1%

Above asking

What does the Downey housing market data show?

Current housing market statistics for Downey, CA
MetricValue
Median sale price$933,500
Median list price$967,000
Year-over-year price change+0.7%
Average days on market29 days
Active inventory65 listings
Months of supply2.5 months
Sale-to-list price ratio102.1%
Median price per sq ft$609/sq ft
Homes sold (latest month)26
New listings (latest month)40
Listings with a price cut15.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Downey by property type?

How the Downey, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Downey, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$972,500$627/sq ft2234 days
Condo / Co-op$612,500$399/sq ft218 days
Townhouse$722,758$469/sq ft222 days

Source: Redfin · Updated monthly

The Downey housing market is currently classified as a seller's market with a median sale price of $933,500. Prices have risen 0.7% compared to last year, with homes spending an average of 29 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.2x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Downey

There are currently 65 homes listed for sale in Downey, California. The median listing price is $967K. Featured listings range from $529,000 to $5,125,000.

2 bedroom condo for sale at 7304 Quill Dr Apt 182 Downey 90242 - $529,000
New Listing
25
$529,000

7304 Quill Dr Apt 182

Downey, CA 90242

2 bd2 ba979 sqft$540/ft²
Condo9.95 acres

Carlos Barron · T.N.G. Real Estate Consultants

View photos & details
2 bedroom condo for sale at 11922 Heritage Cir Downey 90241 - $575,000
New Listing
35
$575,000

11922 Heritage Cir

Downey, CA 90241

2 bd2 ba1,095 sqft$525/ft²
Condo2,322 sqft lot

Sue Ann Challita · The Agency

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3 bedroom townhouse for sale at 8901 Serapis Ave Apt 24 Downey 90240 - $629,000
New Listing
44
$629,000

8901 Serapis Ave Apt 24

Downey, CA 90240

3 bd3 ba1,604 sqft$392/ft²
Townhouse1,442 sqft lot

Adolfo Aguirre · Real Broker

View photos & details
4 bedroom house for sale at 10251 Foster Rd Downey 90242 - $775,000
22
$775,000

10251 Foster Rd

Downey, CA 90242

4 bd2 ba1,229 sqft$631/ft²
House5,236 sqft lot

Theresa La Roche · Keller Williams Realty

View photos & details
2 bedroom house for sale at 12722 Glynn Ave Downey 90242 - $779,999
New Listing
19
$779,999

12722 Glynn Ave

Downey, CA 90242

2 bd2 ba1,276 sqft$611/ft²
House6,734 sqft lot

Jose Gutierrez Hernandez · Century 21 LOTUS

View photos & details
3 bedroom house for sale at 7745 Coolgrove Dr Downey 90240 - $849,000
New Listing
25
$849,000

7745 Coolgrove Dr

Downey, CA 90240

3 bd2 ba1,472 sqft$577/ft²
House6,029 sqft lot

Mike Baker · Estate Properties

View photos & details
4 bedroom house for sale at 7205 Glencliff Dr Downey 90240 - $875,000
New Listing
40
$875,000

7205 Glencliff Dr

Downey, CA 90240

4 bd2 ba2,012 sqft$435/ft²
House13,046 sqft lot

Carrie Uva · 24 Hour Real Estate

View photos & details
3 bedroom house for sale at 7738 Adwen St Downey 90241 - $899,000
New Listing
35
$899,000

7738 Adwen St

Downey, CA 90241

3 bd2 ba1,566 sqft$574/ft²
House5,432 sqft lot

Michael Berdelis · 24 Hour Real Estate

View photos & details
3 bedroom house for sale at 10336 Hasty Ave Downey 90241 - $1,049,900
New Listing
40
$1,049,900

10336 Hasty Ave

Downey, CA 90241

3 bd2 ba1,627 sqft$645/ft²
House8,490 sqft lot

Maria Fernandez · Sunrise Realty & Home Loan

View photos & details
multi-family for sale at 11523 Old River School Rd Downey 90241 - $3,800,000
New Listing
7
$3,800,000

11523 Old River School Rd

Downey, CA 90241

11 ba
Multi-family14,606 sqft lot

Kristopher German · RE/MAX 2000 REALTY

View photos & details
multi-family for sale at 11517 Old River School Rd Downey 90241 - $3,800,000
New Listing
7
$3,800,000

11517 Old River School Rd

Downey, CA 90241

8 ba
Multi-family14,488 sqft lot

Kristopher German · RE/MAX 2000 REALTY

View photos & details
multi-family for sale at 7306 Neo St Downey 90241 - $5,125,000
New Listing
12
$5,125,000

7306 Neo St

Downey, CA 90241

3 ba
Multi-family13,094 sqft lot

Doug Rodermund · Morgan Skenderian

View photos & details

Looking to buy in Downey?

Get connected with a local real estate expert — free, no obligation.

Active listings

65

Homes on market

Median list price

$967K

Avg. days on market

29

Days until sale

New this week

40

Newly listed

Price drops:15.4%of listings
Sale-to-list:102.1%

Who lives in Downey?

Population

111,793

Median income

$87,400/yr

Median age

37 years

Owner-occupied

50.7%

College grads

25.6%

Avg commute

31 min

Source: U.S. Census Bureau ACS

What are homes worth in Downey?

Zillow home value

$888,488

Zillow rent index

$2,244/mo

Price-to-rent ratio

33.0x

Price-to-income

10.2x

Source: Zillow Research

What is it like to live in Downey?

Downey is a community of approximately 112K residents with a median age of 37 years.The median household income is $87,400, which reflects a relatively affluent area with strong earning potential. 25.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 50.7%, showing a blend of owner and renter-occupied properties. The average commute time is 31 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Downey offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Downey?

22 schools tracked · 22,358 students

The largest public schools serving Downey, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Downey High

Grades 9-12 · 3,936 students

Public

Warren (Earl) High

Grades 9-12 · 3,471 students

Public

Stauffer (Mary R.) Middle

Grades 6-8 · 1,327 students

Public

Doty (Wendy Lopour) Middle

Grades 6-8 · 1,322 students

Public

Griffiths (Gordon) Middle

Grades 6-8 · 1,291 students

Public

Sussman (Edward A.) Middle

Grades 6-8 · 1,218 students

Public

Rio Hondo Elementary

Grades K-5 · 859 students

Public

Lewis (Ed C.) Elementary

Grades K-5 · 834 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Downey, CA?

Want a head-to-head view? Compare Downey side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Downey?

Is Downey a good real estate investment market?

For investors evaluating Downey, the price-to-rent ratio of 33.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 0.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Downey's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Downey's median home price.

Frequently asked questions

What is the average home price in Downey?

The median home sale price in Downey is $933,500, up 0.7% from last year.

How long do homes stay on market in Downey?

Homes typically spend 29 days on market before going under contract.

What is the median income in Downey?

The median household income is $87,400 per year.

Is Downey a buyer's or seller's market?

With 2.5 months of supply, Downey is currently a seller's market.

How many homes are for sale in Downey?

There are currently 65 homes listed for sale in Downey, CA.

What is the Zillow home value estimate for Downey?

The Zillow Home Value Index (ZHVI) for Downey is $888,488, representing the typical home value in the area.

What is the median condo price in Downey?

The median condo/co-op sale price in Downey, CA is $612,500, compared to $972,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Downey?

The median single-family home price in Downey, CA is $972,500 (about $627 per square foot).

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