Zip 90240 (Downey, CA) Housing

Downey, CA's housing median value is $774,100, which is significantly higher than the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, while the Downey house 1 year appreciation rate is 12.08%. This shows that real estate in Downey has been performing better than the national average, and as a result, has increased in value more quickly over the past year than other areas of the United States.

The median home cost in Downey (zip 90240) is $774,100. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Downey (zip 90240) is up 16.0%.

Average Age of Homes

- The median age of Downey (zip 90240) real estate is 60 years old

The Rental Market in Downey (zip 90240)

- Renters make up 29.8% of the Downey (zip 90240) population
- 1.3% of houses and apartments in Downey (zip 90240), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Downey, California	United States
	8,038.0	139,647,020.0
	64	42
	$774,100	$338,100
	16.0%	16.6%
	47.9%	57.0%
	119.9%	101.1%
	$7.54	$10.98
	$4,878	$2,690
	60.9%	57.4%
	4.6%	11.2%
	34.5%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.0%	2.4%
	0.1%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	1.1%	11.3%
	0.3%	13.0%
	1.1%	20.1%
	3.1%	13.6%
	9.9%	8.3%
	57.0%	9.7%
	17.4%	3.9%
	6.0%	2.2%
	1.8%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.7%	13.6%
	2.7%	13.6%
	2.0%	13.6%
	5.3%	13.2%
	8.7%	14.8%
	2.0%	13.6%
	50.7%	10.0%
	8.9%	4.7%
	4.5%	12.2%

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