Downey Real Estate Market Update — August 2026

As of June 2026, the median home sale price in Downey is around $861,000, with 115 active listings on the market and homes taking an average of 83 days to sell. That's a notable shift from earlier this year, when homes were moving in under 50 days. Downey has transitioned from a strong seller's market into a more balanced one — good news for buyers who've felt priced out and squeezed on time in past years.

Downey home prices in 2026: a choppy but stabilizing picture

Prices have moved around month to month:

That kind of swing is normal in a market with a relatively small number of sales each month — a handful of higher- or lower-priced homes can shift the median noticeably. The bigger-picture trend: prices have held in the high-$800Ks for most of the spring and summer, without the steep run-ups Downey saw in prior years.

Why homes are taking longer to sell

Days on market climbed from 46 in April to 83 in June. A few things are driving that:

• More inventory. Active listings grew from 92 in April to 115 in June, giving buyers more to compare before committing.
• Buyers negotiating harder. With mortgage rates still near 6.65%, buyers are less willing to stretch on price or waive contingencies than they were a couple of years ago.
• Seasonal patterns. Summer often brings more listings onto the market, which naturally extends the average time to sell.

What this means if you're selling in Downey

You'll likely need to price accurately from day one — overpricing in this market means sitting longer and eventually cutting price, which can make a listing look stale. Homes that show well and are priced to current comps are still selling at a healthy pace.

What this means if you're buying in Downey

You have more room to negotiate than buyers did a year or two ago — on price, repairs, and closing costs. It's still a competitive market for well-priced, move-in-ready homes, so getting pre-approved and ready to move quickly on the right property still matters.

FAQ

Is Downey a buyer's or seller's market right now? As of mid-2026, Downey is best described as balanced, leaning slightly toward buyers compared to the tighter seller's market of prior years — driven by more inventory and longer days on market.

What is the median home price in Downey, CA in 2026? The median sale price was approximately $861,000 as of June 2026, though it has ranged between roughly $798,000 and $889,000 throughout the year.

How long does it take to sell a home in Downey right now? Homes were averaging 83 days on market as of June 2026, up significantly from 46 days in April — so sellers should plan for a longer timeline than in recent years.

Should I wait to sell my Downey home? It depends on your goals, but waiting for the market to "improve" isn't guaranteed to pay off — inventory could keep growing, which typically favors buyers even more. A pricing strategy built on current comps matters more than timing the market.

Curious what your Downey home is worth in today's market, or ready to start your home search? Get a free home valuation or reach out to Andrea directly.

Sources: Cash For Houses CA Downey Housing Market Reports (March–June 2026), accessed August 2026.