$775,000
10674 Paramount
Downey, CA
3bed4bath1,845sqft
BILTMOREWEST REALTY
Downey
Downey Real Estate
Browse homes for sale in Downey • Median $986,388
$986,388Median Price
30Avg Days on Market
39Detached12Attached7Res Income 2-4 Units5Condo5Townhouse2Land
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About Downey Real Estate
Nestled in the heart of Los Angeles County, Downey, California, is a city rich in history and community spirit. Established in the late 19th century, Downey was originally an agricultural hub known for its rich soil and farming opportunities. Over the years, it has transformed into a vibrant suburban enclave, characterized by its charming neighborhoods and a strong sense of community. One of the city's unique features is the historic Downey Theatre, which has served as a cultural landmark since 1958, hosting various performances and events that bring residents together. The city is also known for its proximity to the former Downey Air Force Base, which has left a lasting legacy on the community's development and growth.
Downey boasts a diverse mix of residential options, making it appealing to a wide range of buyers. From detached single-family homes to townhouses and condos, there’s something for everyone. The city is dotted with parks such as the picturesque Rio San Gabriel Park and the expansive Downey Wilderness Park, providing ample recreational opportunities for families and outdoor enthusiasts alike. With a population that values both community and culture, Downey offers a welcoming atmosphere that resonates with its residents, making it an attractive place to call home.
As a city that continues to grow and evolve, Downey's blend of historical significance and modern conveniences has made it a desirable location. The local economy is bolstered by a mix of retail, dining, and entertainment options, including the popular Stonewood Center. With its strategic location just a short drive from downtown Los Angeles and the beaches of Orange County, Downey is ideal for those seeking a suburban lifestyle without sacrificing access to urban amenities.
61 active listings with a median price of $899,000.
Lifestyle & Community
Living in Downey means enjoying a balanced lifestyle that combines suburban tranquility with urban accessibility. The community is vibrant and family-oriented, often hosting events like the Downey Street Faire and summer concerts in the park, which foster a strong sense of belonging among residents. Locals frequently gather at the Downey Farmers Market, where fresh produce and artisan goods can be found. The city’s diverse dining scene, which includes everything from classic diners to trendy eateries, adds to the lively atmosphere. Overall, the vibe in Downey is friendly and welcoming, making it a great place to build lasting relationships.
Local Amenities
- Downey Theatre
- Stonewood Center
- Rio San Gabriel Park
- Downey Community Library
- Wilderness Park
- Downey Farmers Market
- Local dining establishments
- Parks and recreational facilities
- Health care services
- Public transportation options
- Shopping districts
- Cultural events and festivals
Points of Interest
- The Downey Theatre
- The Columbia Memorial Space Center
- Downey Historical Society Museum
- The former Downey Air Force Base
- Rio San Gabriel River
- Cerritos College
- The Downey Art Vibe
- Pioneer Park
- The Downey Promenade
- The Downey Civic Theatre
Market Overview
As of now, Downey's real estate market features 61 active listings, with a median listing price of $899,000. Properties typically spend an average of 48 days on the market, indicating a relatively quick turnover. The market is diverse, with a mix predominantly consisting of detached homes, but also includes attached units, condos, and townhouses. Buyers can expect a competitive market, particularly for single-family homes, as demand remains strong due to Downey's appealing lifestyle and amenities.
Investment Outlook
Downey presents solid investment opportunities, particularly for those looking at residential properties. The rental market is robust, driven by the city’s appeal to families and young professionals. With ongoing developments and revitalization projects, including improvements to public spaces and infrastructure, there's potential for property values to increase in the coming years. Investors should consider the city's growth trajectory when assessing opportunities.
Ideal For
Downey is ideal for first-time buyers and families looking for a suburban lifestyle with access to urban amenities. It also appeals to retirees seeking a community-oriented environment. Investors will find opportunities in the rental market and property appreciation potential, making it a well-rounded area for various buyer types.
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Downey market — live snapshot
Pulled directly from current MLS® data. Updated every page load.
Active listings
131
Median list price
$899K
Median $/sqft
$560
Price range (middle 50%)
$678K – $1.20M
Sold (12 months)
295
Median close price
$800K
Median sold $/sqft
$511
Sale-to-list ratio
98.7%
Price by bedroom — Downey actives
| Active | Median price | |
|---|---|---|
| 1 bed | 8 | $2K |
| 2 bed | 21 | $570K |
| 3 bed | 49 | $850K |
| 4 bed | 30 | $1.09M |
| 5+ bed | 20 | $2.00M |
| studio bed | 3 | $700K |
Property mix — Downey actives
| Active | Median price | |
|---|---|---|
| Detached | 74 | $967K |
| Townhouse | 17 | $735K |
| Condo | 14 | $400K |
| Res Income 2-4 Units | 12 | $3.57M |
| Attached | 7 | $965K |
| Land | 3 | $700K |
Most-listed neighborhoods in Downey
| Active | Median price | |
|---|---|---|
| Treasure Island | 1 | $1.07M |
Downey closed sales — last 12 months
| Month | Closed | Median price | $/sqft |
|---|---|---|---|
| 2025-07 | 15 | $675K | $417 |
| 2025-08 | 29 | $850K | $517 |
| 2025-09 | 39 | $820K | $606 |
| 2025-10 | 48 | $815K | $513 |
| 2025-11 | 43 | $755K | $477 |
| 2025-12 | 36 | $748K | $454 |
| 2026-01 | 27 | $830K | $516 |
| 2026-02 | 20 | $884K | $548 |
| 2026-03 | 29 | $728K | $538 |
| 2026-04 | 8 | $610K | $438 |
| 2026-05 | 1 | $3K | $1 |
Living in Downey
Lifestyle
Living in Downey means enjoying a balanced lifestyle that combines suburban tranquility with urban accessibility. The community is vibrant and family-oriented, often hosting events like the Downey Street Faire and summer concerts in the park, which foster a strong sense of belonging among residents. Locals frequently gather at the Downey Farmers Market, where fresh produce and artisan goods can be found. The city’s diverse dining scene, which includes everything from classic diners to trendy eateries, adds to the lively atmosphere. Overall, the vibe in Downey is friendly and welcoming, making it a great place to build lasting relationships.
Local Amenities
Downey TheatreStonewood CenterRio San Gabriel ParkDowney Community LibraryWilderness ParkDowney Farmers MarketLocal dining establishmentsParks and recreational facilitiesHealth care servicesPublic transportation optionsShopping districtsCultural events and festivals
Written with AI assistance using live MLS data, reviewed by our team.
Market Snapshot
Market Trend
Hot Market
YoY Price Change
+8.6%
Inventory
Low Inventory
Days on Market
Selling Slower
Price Distribution
$0 – $200K
1
$200K – $400K
4
$400K – $600K
4
$600K – $800K
7
$800K – $1.0M
15
$1.0M – $1.5M
17
$1.5M – $2.0M
6
$2.0M – $3.0M
2
$3.0M+
3
Explore More in Downey
Cost of Living in DowneyHousing, rent & expensesSold Properties in DowneyRecent sales & closing pricesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in DowneySchools & ratings nearbyTransit in DowneyStops & stations nearbyParks in DowneyParks & recreation nearby
Frequently Asked Questions About Downey
How many homes are for sale in Downey?
There are currently 58 active residential listings in Downey. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from the MLS.
What is the median home price in Downey?
The median list price for homes in Downey is $986,388. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Downey?
Properties available in Downey include Detached (39), Attached (12), Res Income 2-4 Units (7), Condo (5), Townhouse (5). You can filter by property type using the search options on this page.
How long do homes stay on the market in Downey?
Homes in Downey spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
Is now a good time to buy in Downey?
Downey is currently a hot market with strong demand. Home prices have increased 8.6% over the past year. Inventory is currently low, meaning homes may sell quickly. Market conditions vary by property type and price range, so consult with a local real estate agent for personalized advice.
How often are listings updated for Downey?
Listings on this page are updated multiple times per day directly from the MLS. New listings typically appear within minutes of being added to the MLS.
Are there neighbourhood-level listings for Downey?
Yes. You can browse homes in specific neighbourhoods within Downey using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.