Downey Housing Market Report – May 2026
Here's a look at how the Downey, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 34
- Median Sale Price: $888,500
- Average Sale Price: $1,006,603
- Average Price Per Sq Ft: $548
- Average Days on Market: 74
- Sale-to-List Price Ratio: 101.6%
Month-Over-Month Trends
Compared to April, the median sale price in Downey moved 1.5% up (from $875,000 to $888,500). The number of homes sold was 30.6% down compared to the prior month (49 vs. 34). Average days on market shifted 64.4% up (45 days to 74 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 6.7% down (from $952,500 to $888,500). Sales volume is 10.5% down year-over-year.
What This Means
Downey's housing market is showing mixed signals as we head into summer. While the median sale price ticked up 1.5% month-over-month to $888,500, this modest gain comes on the heels of a concerning year-over-year decline of 6.7%. The real story here is one of patience—homes are sitting on the market for an average of 74 days, a significant jump from 45 days last month. This slowdown suggests sellers may be pricing optimistically while buyers take their time, though the 101.6% sale-to-list ratio indicates homes are still fetching above asking, at least for those that do sell.
The current inventory of 102 active listings provides reasonable selection for buyers, but with median asking prices hovering around $1.01 million and homes averaging two and a half months on market, there's little urgency in this corner of Los Angeles County. The gap between what homes are listed for and what they're actually selling for—roughly $126,000—hints at a market still finding equilibrium. For sellers, the elongated selling timeline suggests this isn't a seller's market anymore. For buyers, the extended days on market may offer more negotiating room than we've seen in recent years, making this a relatively balanced moment in Downey.
Downey Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90241 | 16 | $803,500 | $537 | 73 |
| 90240 | 11 | $1,012,000 | $480 | 82 |
| 90242 | 7 | $810,000 | $676 | 64 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 25 | $975,000 | $588 |
| CONDOS | 3 | $450,000 | $418 |
| CONDO | 2 | $380,000 | $481 |
| TOWNHOMES | 2 | $722,757 | $469 |
| MOBILE | 1 | $120,000 | $218 |
| MULTI_FAMILY | 1 | $3,945,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $300K - $399K | 2 |
| $400K - $499K | 2 |
| $500K - $749K | 6 |
| $750K+ | 23 |
Current Active Listings
As of this report, there are 102 active listings in Downey with a median asking price of $1,014,949 and an average of 74 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 Los Angeles County — get a no-obligation cash offer today.