The Downey housing market is very competitive. The median sale price of a home in Downey was $815K last month, up 14.0% since last year. The median sale price per square foot in Downey is $542, up 0.0% since last year.
In March 2024, Downey home prices were up 14.0% compared to last year, selling for a median price of $815K. On average, homes in Downey sell after 36 days on the market compared to 32 days last year. There were 35 homes sold in March this year, up from 27 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$815,000
+14.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downey, CA
$815,000
+14.0%
United States
To compare other locations to the Downey and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Downey add value to a home.
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How hot is the Downey housing market?
Downey is very competitive. Homes sell in 36 days.
0
100
72
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 36 days.
Hot homes
can sell for about 4% above list price and go pending in around 15 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Downey
Explore recent offers and recently sold homes in Downey
Homes in this area are served by the Downey Unified School District and Los Angeles County Regional Occupational Program School District.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Price Elementary School
Public • K-5
851
Students
12 reviews
8/10
Unsworth Elementary School
Public • K-5
705
Students
8 reviews
8/10
Old River Elementary School
Public • 4-5
662
Students
10 reviews
7/10
Alameda Elementary School
Public • K-5
632
Students
9 reviews
7/10
Williams Elementary School
Public • K-3
784
Students
6 reviews
Only showing 5 of
24 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downey housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downey.
Risk Factor
Flood Factor - Minor
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downey has a minor risk of flooding. 23 properties in Downey are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Downey. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downey has a moderate risk of wildfire. There are 90 properties in Downey that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Downey.