Zip 90241 (Downey, CA) Housing

Downey, CA is a city located in the South of Los Angeles. The housing median value in Downey is $819,900 which is much higher than the US House Median Value of $338,100. This reflects an increase in house appreciation over the last year at 12.08%, which is 4% higher than the US average of 8.27%. These numbers indicate that there has been significant growth in housing prices and investment opportunities in Downey over the past year.

The median home cost in Downey (zip 90241) is $819,900. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Downey (zip 90241) is up 16.0%.

Average Age of Homes

- The median age of Downey (zip 90241) real estate is 58 years old

The Rental Market in Downey (zip 90241)

- Renters make up 54.8% of the Downey (zip 90241) population
- 1.3% of houses and apartments in Downey (zip 90241), 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
	14,796.0	139,647,020.0
	62	42
	$819,900	$338,100
	16.0%	16.6%
	47.9%	57.0%
	119.9%	101.1%
	$7.63	$10.98
	$4,791	$2,690
	39.2%	57.4%
	4.7%	11.2%
	56.1%	31.4%
Vacant Housing
	1.3%	1.9%
	0.4%	0.4%
	0.4%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.6%	2.4%
	0.3%	2.8%
	0.3%	3.9%
	0.0%	4.5%
	0.3%	11.3%
	0.5%	13.0%
	2.0%	20.1%
	6.5%	13.6%
	9.8%	8.3%
	56.2%	9.7%
	18.6%	3.9%
	2.7%	2.2%
	0.6%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	3.6%	13.6%
	6.8%	13.2%
	13.4%	14.8%
	3.6%	13.6%
	43.4%	10.0%
	8.8%	4.7%
	2.8%	12.2%

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