90242 Housing Market
Median List Price
$899,000
Updated August 2026
Today, the 90242 ZIP code in Downey, CA has 11 homes for sale at a median list price of $899,000, typically selling in about 30 days.
90242 Housing Market Overview
Buyers in the 90242 ZIP code are looking at a median list price of $899,000. Compared with Downey overall, that is a 10.1% discount. Since February, the median price has moved down about 10.3% to $810,000 as of July. The 90242 ZIP code has 11 active listings on the market right now.
90242 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.2 months of supply, yet sale prices have eased 3% over the last six months, though they remain 9% above a year ago, and 27% 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
2.2 months of supply
Tight Supply11 active listings against the current sales pace works out to about 2.2 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 ~30 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
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
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 $244K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$474K)
Price Reductions
3 listings have reduced their price
27% of active listings
Average reduction: 4.1% (~$37K)
Browse 90242 Listings
Frequently Asked Questions about the 90242 Housing Market
What is the median home price in the 90242 ZIP code?
The median list price in the 90242 ZIP code is $899,000 as of August 2026, based on 11 active listings.
Is the 90242 ZIP code a buyer's market or a seller's market?
The 90242 ZIP code currently reads as a balanced market. Active inventory works out to about 2.2 months of supply at the recent sales pace.
How fast do homes sell in the 90242 ZIP code?
The average home currently for sale in the 90242 ZIP code has been on the market for 30 days.
Are home prices in the 90242 ZIP code going up or down?
The median sale price in the 90242 ZIP code is up about 8.5% compared with a year ago.
How many homes are for sale in the 90242 ZIP code?
There are 11 homes for sale in the 90242 ZIP code right now, including 3 listed within the last week.