Is Downey, CA 90240 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Downey is a seller’s market. With about 1.9 months of supply and 67% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score92/ 100

More competitive than 96% of U.S. ZIP codes, and #48 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.9Under 4 months = seller’s market

Sold above original list66.6%Share of sales, last 3 months

Median sale-to-list102.9%Sold price ÷ list price

Median days on market16Listing to accepted offer

Median price per sq ft$597▲ +6.2% vs. last year

Run the numbers for 90240

Prefilled for 90240Can I win this house?Multiple-offer likelihood for a listing Prefilled for 90240Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Acton 93510Buyer’s market $366 /sq ft Agoura Hills 91301Balanced $584 /sq ft Alhambra 91801Seller’s market $576 /sq ft Alhambra 91803Seller’s market $620 /sq ft Browse all markets →

More tools for 90240

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology