5 homes in zoned to Rio Hondo Elementary
Downey, CA

About Downey: Rio Hondo 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 Rio Hondo 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 5 active listings.
Topfind Market Read
The picture is mixed here. 80% of current listings are under 30 days old, yet 40% 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
$1.35M
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
5.0 months of supply
Balanced Supply5 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 ~32 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 Rio Hondo 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 generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $188K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$776K)
Price Reductions
2 listings have reduced their price
40% of active listings
Average reduction: 10.5% (~$142K)
Browse homes for sale in cities near Downey
There are currently 5 homes for sale in Rio Hondo Elementary Area, ranging from $599,000 to $1,599,000. 1 of them hit the market within the last week.
The median list price in Rio Hondo Elementary Area is $1,350,000. Price per square foot averages $468.
Homes in Rio Hondo Elementary Area currently average 32 days on the market, a steady pace.