15 homes in zoned to Old River Elementary
Downey, CA

About Downey: Old River 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 Old River Elementary in Downey (Topfind School Score: 8/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 15 active listings.
Topfind Market Read
The picture is mixed here. There is only 2.5 months of supply, yet sale prices have eased 14% over the last six months and are 3% below a year ago, and selling times have slowed 61% versus six months ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$869K
↓ 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
2.5 months of supply
Tight Supply15 active listings against the current sales pace works out to about 2.5 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 ~26 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. That said, the pace has eased 61% versus six months ago.
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 Old River 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 $211K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$399K)
Price Reductions
6 listings have reduced their price
40% of active listings
Average reduction: 3.0% (~$26K)
Browse homes for sale in cities near Downey
There are currently 15 homes for sale in Old River Elementary Area, ranging from $499,000 to $1,498,000. 3 of them hit the market within the last week.
The median list price in Old River Elementary Area is $869,000. Price per square foot averages $591. Prices are down 3.4% compared to a year ago.
Homes in Old River Elementary Area currently average 26 days on the market, a brisk pace where attractive homes are gone within a month.