Market Intelligence · CA / Downey

Downey, CA 90240 Housing Market

The typical home value in Downey, CA 90240 is $933,540, up 2.2% over the past year as of September 2026. Sellers are listing at a median of $1,096,988, and homes are spending a median of 38 days on the market.

Updated September 2026Median value$934K

The median home value in Downey, CA 90240 is $934K as of September 2026, up 2.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 90240 range

$859K to $1.01M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.2% over 12 months

Sep 2025$913K

Low $913KHigh $936K

Sep 2026$934K

The numbers

What is the 90240 housing market like?

As of September 2026

Typical home value

$934K

2.2%YoY

Median list price

$1.1M

6.3%MoM

Days on market

11.6%MoM

Homes for sale

10.5%MoM

Price cuts

4.3%

62.7%MoM

New listings

0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

90240 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 90240 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 90240 rose 2.2%, per the Zillow Home Value Index.

Will home prices drop in 90240?

Zillow's forecast does not call for a drop: it expects typical home values in 90240 to rise 1.5% by September 2027, after a 2.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 90240 home prices compare?

90240$933,540
Downey$923,858
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Downey: 3 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there were 21 homes for sale in 90240, with 12 new listings coming on the market. The median list price of $1,096,988 sits well above the typical home value of $933,540, which has risen 2.2% over the past year. Homes are moving at a moderate pace, with a median of 38 days on market, and only 4.3% of listings have taken a price cut. That low share of reductions suggests sellers are largely holding their prices and still finding buyers. For a homeowner thinking about selling, this is a steady market where accurate pricing matters more than aggressive timing.

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Common questions

What people ask us.

How much is a home in 90240 worth?

The typical home value in 90240 is $933,540 as of September 2026, up 2.2% over the past year. The median list price for homes currently on the market is $1,096,988.

How fast are homes selling in 90240?

Homes in 90240 are spending a median of 38 days on the market as of September 2026. With 21 homes for sale and 12 new listings, buyers have options but inventory remains limited.

Are sellers cutting prices in 90240?

Only 4.3% of listings in 90240 had a price cut as of September 2026. Most sellers are holding close to their asking prices.

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Nearby ZIP markets.

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