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Condo Foreclosures in Downey, CA 90242

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Downey, CA Foreclosures

Current Market Conditions in in Downey, CA As of April 2026?
Over the past month, the Downey housing market has shown active trends with an uptick in sales and a decrease in inventory levels. Recent statistics indicate that homes are selling approximately 10% faster compared to the previous month, suggesting a high demand as buyers are looking to settle down in a community-oriented atmosphere. The rapid sales pace coupled with steady price increases reflects a strong market confidence among buyers, resulting in numerous bidding wars in many of the sought-after neighborhoods.
How much do homes sell for in Downey, CA?
The average home price is currently $1,026,472.
In Downey, CA, how many homes are available?
There are currently 1 active home listings available in Downey.
What’s the average rental cost in Downey, CA?
The average rental price in Downey is $2,457.
What is the most expensive home in Downey?
The most expensive home sold in Downey had a price of $108,356,984.
What is currently the cheapest priced home in Downey, CA?
The cheapest home for sale in Downey is priced at $47,048.

Living in Downey, CA

Downey, CA, is a charming suburban city in Los Angeles County, known for its vibrant community, rich history, and family-friendly atmosphere. With numerous parks and a variety of schools, it provides a balanced lifestyle. Its proximity to major highways ensures easy access to the broader Los Angeles area.

Buyer vs Seller Market in Downey, CA

The Downey real estate market is currently experiencing a competitive environment, characterized by an increase in home prices and demand due to its desirable location and amenities. Homes here are particularly sought after by families looking for more space and a suburban feel while still being close to Los Angeles.

As of this month, the average selling price of homes in Downey has risen by about 5%, showcasing a trend of continued appreciation. Listings are moving quickly, often receiving multiple offers within days of listing.

Home Value Estimator For Downey, CA

There are currently 22,155 real estate properties in Downey, CA, with a median automated valuation model (AVM) price of $869,322.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Downey, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Downey, CA, is $1,026,472.00, with the most expensive house in Downey, CA, topping out at $108,356,984.00 and the cheapest home in Downey, CA, clocking in at $47,048.00. In other words, there’s something for every potential homebuyer or savvy investor in Downey, CA!

Rent Prices In Downey, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Downey, CA, is on a rollercoaster ride. The average rent price in Downey, CA, is $2,457.00. Indeed, when looking to rent in Downey, CA, you can expect to pay as little as $1,050.00 or as much as $4,660.00, with the average rent median estimated to be $2,470.00. The good news is that finding an affordable and desirable property to rent in Downey, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Downey, CA 90242 Condos

Market Trend for Downey, CA

Total Listings Available: 1

Market Values:

Home Prices from $47,048 to $108,356,984

Average Sales Price: $1,026,472

Rental Values:

Rental from $1,050 to $4,660

Average Rent Value: $2,457 / month

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