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 beautiful 3-bedroom , 2-bathroom home is perfectly located near Downtown Downey, offering the best of both comfort and convenience. Recently remodeled, the home features modern upgrades throughout, including a spacious bonus room perfect for an office, playroom, or guest space.
Gorgeous Cape Cod Style Home in North Downey with 3 bedroom 2 bath (downstairs bath fully remodeled) New salt water pool with night pool lights and updated hardscape/landscape. The home has a large living room with fireplace, dining area with wine rack, updated kitchen with quartz counter tops. Long driveway with privacy fencing.
Incredible home in Downey's Orange Estates. This home features 4 bedrooms, 2 full baths and 3/4 bathroom with updated kitchen. Large living room with bay windows, a formal dining room, breakfast nook in kitchen. Backyard features a covered patio. Easily access the home through the rear garage with additional carport parking.
Discover Your Private Oasis in the highly sought after North Downey Neighborhood 2 on 1 lot! This stunning NEW construction home offers 4 bedrooms and 5 baths on nearly 11,000 sqft. lot with over 3,000 sqft of living space! The perfect blend of modern luxury and comfortable living.
New Construction! Custom built in 2019 with impeccable design. Inspired by Spanish Mission Revival, this rare find cohesively captures quality, beauty and functionality. Come and see for yourself. Everything from the curved arches to the sturdy windows and doors to the stairs and floors is uniform throughout the property.
"Welcome to an exquisite, high-end custom home designed for the discerning homeowner. This architectural masterpiece features five spacious bedrooms, each with an en-suite bathroom, and an additional guest bathroom, providing ample space and privacy for your family and guests.
One of the largest homes in Downey! Nestled in the coveted Northeast Downey neighborhood, this sprawling 8,455 sqft mini-mansion is primed for renovation, offering endless potential and opportunity. The first floor features a grand formal living area leading to the ultimate entertainment hub - a custom saloon-style room with a full bar, media center, and private his-and-hers bathrooms.
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. Den and Formal Dining Room can be converted into 5th and 6th bedroom, owner willing to help.
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