If you’re considering purchasing a home in Downey, CA, it’s important to have an understanding of the local housing market. One of the key factors to consider is the average home price in the area.
According to real estate listings in Downey, CA, the average home price in the city is currently around $700,000. This is higher than the average home price in neighboring cities like South Gate and Lynwood but lower than more expensive areas like Los Angeles and Long Beach.
It’s worth noting that home prices in Downey have been steadily increasing over the past few years. In 2021, the average home price in Downey was around $630,000, indicating a notable increase in just one year.
The housing market in Downey, CA, is highly competitive, with a low inventory of homes for sale and high demand from buyers. This has led to multiple offers and bidding wars, driving up home prices even further.
Despite the high home prices, Downey remains a desirable place to live due to its proximity to major cities, excellent schools, and diverse range of dining and entertainment options.
If you’re considering purchasing a home in Downey, CA, it’s important to work with a trusted real estate agent who has experience navigating the local market. They can help you find properties that meet your needs and budget and guide you through the home buying process, which can be challenging in a competitive market.
Location! Location! This Charming Single Story Home is Located in a peaceful neighborhood. The entire house boasts new interior and exterior paint, new roof, new cement on driveway. Good School district, close to to freeways, walking distance to many amenities.
VERY MOTIVATED SELLER!!
Welcome to this quintessential American ranch-style single-family home, perfect for the typical middle-class family in the U.S. This spacious home features a large backyard filled with a variety of fruit trees, creating a serene outdoor oasis.
The generous driveway provides ample space for parking an RV, making it ideal for those who love to travel.
MAIN HOUSE PLUS ADU STUDIO. Welcome to this stunning, fully remodeled home in one of Downey’s most sought-after neighborhoods. Taken down to the studs and rebuilt with impeccable craftsmanship, this property offers the perfect blend of luxury, privacy, and modern living. The main home features 3 bedrooms and 3.
Huge Price Reduction! Seller Now Ready To Move. First time on the market, original owner, was on Hold but not Active. Welcome to your luxurious estate in the heart of Downey! Step into elegance and comfort with this exquisite 4-bedroom, 5-bathroom residence boasting 4,674 living square feet. Grand entrance with 15 foot high columns made of real stone.
This magnificent custom-designed estate in the heart of Downey is a true masterpiece of luxury and elegance, offering six bedrooms and eight bathrooms across a sprawling two-story layout. Enter through grand double doors into a breathtaking foyer with a cathedral ceiling, dazzling chandelier, and dramatic dual staircase, setting the stage for the grandeur within.
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