2 beds · 2 baths · 1,296 sqft
24 Hour Real Estate
17 homes in 90240
Downey, CA
2 beds · 2 baths · 1,296 sqft
24 Hour Real Estate
4 beds · 3 baths · 2,345 sqft
Sunrise Realty & Home Loan
5 beds · 4 baths · 3,510 sqft
24 Hour Real Estate
3 beds · 2 baths · 1,610 sqft
Century 21 Allstars
3 beds · 3 baths · 2,158 sqft
Century 21 Jervis & Associates
5 beds · 6 baths · 5,053 sqft
Century 21 A Better Service
4 beds · 3 baths · 2,463 sqft
Century 21 Cornerstone
4 beds · 2 baths · 2,093 sqft
BK Platinum Properties
4 beds · 2 baths · 1,850 sqft
24 Hour Real Estate
3 beds · 4 baths · 1,852 sqft
Top Producers Realty Partners
3 beds · 2 baths · 1,064 sqft
JASSON YANEZ, BROKER
4 beds · 3 baths · 2,057 sqft
CENTURY 21 MASTERS
5 beds · 3 baths · 1,952 sqft
Century 21 Allstars
4 beds · 4 baths · 1,895 sqft
Berkshire Hathaway HomeServices California Properties
2 beds · 2 baths · 1,075 sqft
PLF Real Estate Solutions
5 beds · 3 baths · 3,503 sqft
Keller Williams Pacific Estate

About Downey: The 90240 ZIP code is in Downey, CA. Downey is a city in southeastern Los Angeles County, California, United States, 13 mi (21 km) southeast of Downtown Los Angeles. It is considered part of the Gateway Cities. The city is the birthplace of the Apollo space program and Taco Bell. It is also the home of the oldest operating McDonald's restaurant in the world. As of the 2020 census, the city had a total population of 114,355.
Today, the 90240 area has 17 homes for sale with a median listing price of $1.2M. The average price per square foot is $580.
Topfind Market Read
Sellers hold the edge right now. There is only 1.8 months of supply, and sale prices are up 6% over the last six months and 3% over the past year. At the same time, 50% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.13M
↑ 3% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
1.8 months of supply
Tight Supply18 active listings against the current sales pace works out to about 1.8 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~41 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 56% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 90240 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
51%
Homeowners
49%
Renters
Homeownership is 4.5 points lower than the California average (55.5%)
34,727 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $338K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$535K)
Price Reductions
9 listings have reduced their price
50% of active listings
Average reduction: 3.8% (~$43K)
Browse homes for sale in cities near Downey
There are currently 17 homes for sale in 90240, ranging from $499,000 to $1,950,000. 1 of them hit the market within the last week.
The median list price in 90240 is $1,199,000. Price per square foot averages $580. Prices are up 3.0% compared to a year ago.
Homes in 90240 currently average 42 days on the market, a steady pace.
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