Downey Housing Market Report – March 2026

Here's a look at how the Downey, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

Homes Sold: 22
Median Sale Price: $875,000
Average Sale Price: $1,006,080
Average Price Per Sq Ft: $602
Average Days on Market: 70
Sale-to-List Price Ratio: 101.1%

Month-Over-Month Trends

Compared to February, the median sale price in Downey moved 1.9% down (from $892,000 to $875,000). The number of homes sold was 0.0% down compared to the prior month (22 vs. 22). Average days on market shifted 32.0% down (103 days to 70 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 5.1% up (from $832,500 to $875,000). Sales volume is 24.1% down year-over-year.

What This Means

Downey's housing market is showing some interesting contradictions this March. While sales volume held steady at 22 homes, the significant 32 percent drop in days on market—from 103 days down to 70—suggests homes are moving faster than they were just a month ago. This acceleration could reflect typical spring seasonality, when buyers emerge from winter and sellers list their homes. The fact that homes are selling for 101.1 percent of asking price also indicates genuine buyer interest, though it's worth noting this is slightly softer than the previous month's dynamics.

Looking at the bigger picture, year-over-year growth tells a different story. While the median price climbed 5.1 percent to $875,000, sales volume dropped 24 percent compared to last March. This suggests fewer transactions overall, even as prices hold relatively firm. The gap between median and average prices—roughly $131,000—hints that some higher-priced properties are propping up the average, though the market remains dominated by single-family homes.

With 78 active listings and inventory sitting above the median asking price of $962,500, buyers have more options than typical. Downey appears to be shifting from a pure seller's market toward something more balanced, offering both sellers and buyers a bit more breathing room to negotiate.

Downey Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
90240	9	$1,140,000	$519	59
90241	7	$880,000	$590	96
90242	6	$725,000	$739	56

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	18	$902,500	$625
CONDOS	3	$490,000	$519
TOWNHOMES	1	$784,990	$438

Sales by Price Range

Price Range	Homes Sold
$300K - $399K	1
$400K - $499K	1
$500K - $749K	6
$750K+	14

Current Active Listings

As of this report, there are 78 active listings in Downey with a median asking price of $962,500 and an average of 79 days on market.

Thinking About Selling Your Downey Home?

If you're a homeowner in Downey considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Downey and throughout the Central Valley — get a no-obligation cash offer today.