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Foreclosure Homes in Downey, CA

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Downey, CA Foreclosures

How much do homes sell for in Downey, CA?
The average home price is currently $1,030,388.
In Downey, CA, how many homes are available?
There are currently 103 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 $109,250,036.
What is currently the cheapest priced home in Downey, CA?
The cheapest home for sale in Downey is priced at $48,043.

Living in Downey, CA

Downey, CA, is a thriving city known for its suburban ambiance and family-oriented community. With numerous parks, schools, and shopping options, it serves as a great place to live and raise a family. Located close to major highways, it boasts easy access to the greater Los Angeles area.

Current Market Conditions in Downey, CA

The Downey real estate market is currently experiencing a steady increase in home values due to high demand and limited inventory. With its appealing neighborhood atmosphere and desirable location, homes are selling faster than in previous years, with many listings receiving multiple offers.

Low interest rates and an influx of buyers looking for spacious homes have contributed to this competitive climate. The market appeal of Downey continues to attract families and young professionals, making it a key area for potential investment.

Home Value Estimator For Downey, CA

There are currently 22,153 real estate properties in Downey, CA, with a median automated valuation model (AVM) price of $865,688.00. 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 $1,030,388.00, with the most expensive house in Downey, CA, topping out at $109,250,036.00 and the cheapest home in Downey, CA, clocking in at $48,043.00. 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 Foreclosures

Market Trend for Downey, CA

Total Listings Available: 103

Market Values:

Home Prices from $48,043 to $109,250,036

Average Sales Price: $1,030,388

Rental Values:

Rental from $1,050 to $4,660

Average Rent Value: $2,457 / month

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