Downey Housing Market Report – July 2026
Here's a look at how the Downey, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 29
- Median Sale Price: $940,000
- Average Sale Price: $1,028,827
- Average Price Per Sq Ft: $603
- Average Days on Market: 79
- Sale-to-List Price Ratio: 101.6%
Month-Over-Month Trends
Compared to June, the median sale price in Downey moved 9.2% up (from $861,000 to $940,000). The number of homes sold was 12.1% down compared to the prior month (33 vs. 29). Average days on market shifted 4.8% down (83 days to 79 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 6.8% up (from $880,000 to $940,000). Sales volume is 19.4% down year-over-year.
What This Means
Downey's real estate market is showing mixed signals this July, with strong price appreciation but softer buyer activity. The median sale price jumped 9.2% month-over-month to $940,000, continuing an upward trajectory that's now 6.8% higher than a year ago. This sustained price growth suggests steady underlying demand and limited inventory pressure, especially given that homes are selling above asking price at a 101.6% ratio. However, the sales volume decline needs context—while July saw 29 homes sell versus 33 in June, the year-over-year 19.4% drop in volume likely reflects typical summer seasonality and lingering affordability headwinds from elevated interest rates rather than a market collapse.
The real story here is inventory and pricing power. With 120 active listings and median asking prices near $1 million, sellers still maintain leverage in Downey. Properties are moving slightly faster (79 days on market, down from 83), though not at a blistering pace. The composition remains single-family dominated, which suggests this is a neighborhood where families are willing to pay premium prices despite broader Southern California market softness. For buyers, the takeaway is clear: you'll need strong financing and realistic price expectations to compete in Downey's fundamentally supply-constrained market.
Downey Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90240 | 12 | $902,500 | $578 | 56 |
| 90241 | 9 | $1,150,000 | $570 | 84 |
| 90242 | 8 | $815,000 | $673 | 109 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 22 | $945,000 | $642 |
| MULTI_FAMILY | 3 | $1,137,500 | $346 |
| CONDOS | 2 | $422,500 | $550 |
| TOWNHOMES | 2 | $694,995 | $481 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 1 |
| $500K - $749K | 6 |
| $750K+ | 22 |
Current Active Listings
As of this report, there are 120 active listings in Downey with a median asking price of $998,500 and an average of 79 days on market.
Thinking About Selling Your Downey Home?
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