The Downey Real Estate Market
A Mature & Stable Market: A Mid-2025 Interactive Analysis
This interactive report synthesizes key data to explore the complex, nuanced landscape of Downey's real estate market. While recent appreciation has stabilized, the market is fundamentally supported by a strong rental sector and resilient local economy. Explore the data below to understand the dynamics of the sales and rental markets and discover what makes Downey a compelling long-term investment.
Market Pulse
The sales and rental markets in Downey are telling two different stories. The sales market is normalizing after a period of rapid growth, while the rental market remains strong. Use the toggle below to switch between the two and see how key metrics change.
Median Sales Price by Zip Code
Shows the significant price divergence across Downey's sub-markets.
Average Rent by Bedroom Count
Highlights the premium for larger units in the rental market.
Zip Code Explorer
Downey is a city of distinct zip codes, each with its own market dynamics. The data shows significant price divergence, making location a critical factor. Click a card to see the details.
90240
Luxury Market, Price Correction
90241
Stable, Near City Center, Modest Decline
90242
Most Stable, Steady Appreciation
Understanding the Costs
Beyond the listing price, homeownership involves unique costs like high property taxes and special Mello-Roos assessments. This section breaks down these financial realities.
Property Tax in Los Angeles County
Due to high home values, the absolute property tax paid in Los Angeles County is significant. A good rule of thumb for a new buyer is to estimate their annual tax at ~1.25% of the purchase price.
Estimated Annual Tax:
$11,000
What is Mello-Roos?
Mello-Roos is a special tax on properties in newer developments to fund community infrastructure like schools and parks. It's a fixed-dollar amount added to your property tax bill and is not limited by Proposition 13.
Total Annual Property Tax
=
(1% of Purchase Price)
Base Tax
+
Fixed Fee
Mello-Roos
Always verify if a property is in a Mello-Roos district before buying!
City Profile: Economy & Housing
Downey's real estate market is built on a foundation of a diverse economy and a unique housing stock. These charts highlight the city's employment landscape and housing composition.
Major Employment Sectors
Highest Paying Industries
Housing Inventory Composition
Market Outlook & Strategic Advice
The market has entered a new phase of stability and gradual appreciation. The era of rapid, double-digit gains is over. Here's how different market participants can navigate this new normal.
A Discerning Market
Increased inventory and longer days on market give you more time for due diligence. The era of bidding wars has subsided, allowing for more thoughtful purchases. Focus on properties that are well-priced and in good condition, as the most desirable homes will still sell quickly.