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.
This stunning 4 bedroom, 5 bathroom home has it all: privacy, spacious design, major upgrades, and sits on over 25,000sqft of land. Inside this ranch style home you’ll find an open floor plan that showcases its 3200+sqft of living space, decorated with an upgraded kitchen, newer flooring, plenty of wooden cabinets for storage, and an additional sink and breakfast counter space.
10048 Downey Sanford Bridge Road, Downey, California 90240
5Bedroom(s)
6Bathroom(s)
36Picture(s)
5,450Sqft
10,141Lot Sqft
NEW GOALS, NEW HOME!! THIS IS IT!!
Boasting 5 Bedrooms and 6.5 bathrooms. Beautiful Remodeled Pool, built in BBQ. Backyard big enough to entertain. From the start of entering this home you will be welcomed with an open floor plan, semi remodeled. Tinted windows throughout property.
Embark on a journey of refined living in the heart of Downey, where luxury meets tranquility in this exquisite Mediterranean/Spanish style custom residence hidden in a cul-de-sac. Welcome to a realm of timeless elegance, where every detail has been meticulously curated to create an unparalleled living experience.
https://hometuity.com/wp-content/uploads/2023/03/What-is-The-Average-Home-Price-in-Downey-CA.png9241640Hometuity Supporthttps://hometuity.com/wp-content/uploads/2023/06/HT_KW_Color_New-340-×-156-px-3.pngHometuity Support2023-03-13 13:44:512023-03-15 21:56:02What is The Average Home Price in Downey CA