Market Intelligence · CA / Downey

Downey, CA 90242 Housing Market

The typical home in Downey's 90242 ZIP code is worth $818,841, up 2.0% over the past year as of September 2026. The median list price sits at $845,500, and homes are spending a median of 47 days on market.

Updated September 2026Median value$819K

The median home value in Downey, CA 90242 is $819K as of September 2026, up 2.0% 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 90242 range

$753K to $884K

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

+2.0% over 12 months

Typical home value in 90242 over the last 12 months: $803K in Sep 2025 to $819K in Sep 2026 (+2.0%).

Sep 2025$803K

Sep 2026$819K

The numbers

What is the 90242 housing market like?

Typical home value

$819K

Up2.0%YoY

Median list price

$846K

Up5.7%MoM

Days on market

47

Down16.1%MoM

Homes for sale

12

Flat0.0%MoM

Price cuts

6.9%

Down51.7%MoM

New listings

10

Up25.0%MoM

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

The outlook

90242 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 90242 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 90242 rose 2.0%, per the Zillow Home Value Index.

Will home prices drop in 90242?

Zillow's forecast does not call for a drop: it expects typical home values in 90242 to rise 1.6% by September 2027, after a 2.0% 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 90242 home prices compare?

  • 90242$818,841
  • 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

Inventory in 90242 is thin, with 12 homes for sale and 10 new listings as of September 2026. The median list price is $845,500, while the typical home value is $818,841, up 2.0% over the past year. Homes are moving in a median of 47 days, and only 6.9% of listings have taken a price cut. That points to a market where sellers still hold some leverage, but buyers are not chasing every listing. If you are thinking of selling, pricing close to what the data supports matters more than aiming high.

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Common questions

What people ask us.

How much is a home in 90242 worth?

The typical home value in 90242 is $818,841, up 2.0% over the past year as of September 2026. The median list price is $845,500.

How long do homes take to sell in 90242?

Homes in 90242 are spending a median of 47 days on market as of September 2026.

Are sellers cutting prices in 90242?

As of September 2026, 6.9% of listings in 90242 have a price cut.

Discover

Nearby ZIP markets.

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Guides for sellers.