13 homes in zoned to Gallatin Elementary
Homes Zoned to Gallatin Elementary
Downey, CA
About Homes Zoned to Gallatin Elementary
About Downey: Gallatin Elementary is located in Downey. 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.
These are homes for sale inside the attendance boundary for Gallatin Elementary in Downey (Topfind School Score: 7/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 13 active listings.
Gallatin Elementary Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 24% over the last six months, though still 4% below a year ago, and selling times have improved 63% versus six months ago. At the same time, 38% 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
$1.20M
↓ 4% 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
4.3 months of supply
Balanced Supply13 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~46 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 63% over the last six months.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Gallatin Elementary 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 $417K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$759K)
Price Reductions
5 listings have reduced their price
38% of active listings
Average reduction: 4.5% (~$54K)
Explore Nearby Cities
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Nearby Schools
Frequently Asked Questions about Homes near Gallatin Elementary
How many homes are for sale in Gallatin Elementary Area, CA?
There are currently 13 homes for sale in Gallatin Elementary Area, ranging from $599,900 to $2,300,000. 2 of them hit the market within the last week.
What is the median home price in Gallatin Elementary Area?
The median list price in Gallatin Elementary Area is $1,199,000. Price per square foot averages $581. Prices are down 4.4% compared to a year ago.
How fast do homes sell in Gallatin Elementary Area?
Homes in Gallatin Elementary Area currently average 46 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.