Downey, CA Home Values & Market Trends
Real estate market trends reflect that there have been 550 transactions over the past year in Downey. The median value for residential home transactions that occurred over the previous year is $909,228. The number of current listings in Downey is 814, and the percentage of properties for sale in the city is 814.00%. Downey, CA currently has 37 properties in foreclosure, 2 bank owned properties, 15 properties headed for auction, and 814 properties for sale.
Downey, CA Real Estate Market Overview
Housing Market Summary for Downey, CA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $925K | $899.9K | -2.71% |
| Median Sold Price | $877K | $823.2K | -6.14% |
| Homes For Sale | 401 | 808 | 101.50% |
| Homes Sold | 553 | 509 | -7.96% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Downey, CA
Browse Homes in Downey, CA
Downey home values range from $277,745 to $3,403,194. The median estimated value of a home in Downey is $909,228. The median list price of a home is 899,900, and the total count of properties in the city is 1,355.
- Pre-ForeclosurePre-foreclosure homes account for 1.48% of all residential properties in Downey, CA with 90241 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Downey, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,118,559 in 90240 to the lowest home value of $377,045 in 90241.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Downey, CA ranges from the highest value of $745,000 in 90240 to the lowest value of $550,000 in 90240. Bank owned homes and properties account for 0.15% of properties in Downey, CA. There are 3 zips within Downey, CA; 90240 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions90241 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Downey, CA. Auction homes and other auction properties account for 1.11% of all properties in Downey, CA. There are 3 zips within Downey, CA; of those zips, the median estimated home value for homes going to auction ranges from $1,460,556 in 90240 to the lowest value of $581,131 in 90240.
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Guide for Downey, CA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
