4 beds · 3 baths · 1,771 sqft
Circle Real Estate
11 homes in 90242
Downey, CA
4 beds · 3 baths · 1,771 sqft
Circle Real Estate
5 beds · 3 baths · 3,000 sqft
REDFIN CORPORATION
5 beds · 4 baths · 2,186 sqft
Christie's International Real Estate SoCal
4 beds · 3 baths · 2,393 sqft
Sunrise Realty & Home Loan
3 beds · 1 baths · 1,247 sqft
Century 21 Realty Masters
4 beds · 3 baths · 1,656 sqft
RE/MAX Time
2 beds · 1 baths · 809 sqft
Coldwell Banker Envision
7 beds · 4 baths · 4,264 sqft
Lyon Stahl Investment Real Estate, Inc.
4 beds · 3 baths · 1,376 sqft
RE/MAX Time
2 beds · 1 baths · 608 sqft
First Team Real Estate
3 beds · 2 baths · 1,496 sqft
Coldwell Banker Envision

About Downey: The 90242 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 90242 area has 11 homes for sale with a median listing price of $899K. The average price per square foot is $564.
Topfind Market Read
The picture is mixed here. There is only 2.0 months of supply, yet sale prices have eased 3% over the last six months, though they remain 9% above a year ago, and 30% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$899K
↑ 9% 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
2.0 months of supply
Tight Supply10 active listings against the current sales pace works out to about 2.0 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 ~33 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 60% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 90242 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 $284K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$476K)
Price Reductions
3 listings have reduced their price
30% of active listings
Average reduction: 4.1% (~$37K)
Browse homes for sale in cities near Downey
There are currently 11 homes for sale in 90242, ranging from $499,000 to $1,498,000. 3 of them hit the market within the last week.
The median list price in 90242 is $899,000. Price per square foot averages $564. Prices are up 8.5% compared to a year ago.
Homes in 90242 currently average 30 days on the market, a steady pace.
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