$299,900
15000 Downey 337
Paramount, CA
1bed1bath624sqft
Paramount
Paramount Real Estate
Browse homes for sale in Paramount • Median $452,450
$452,450Median Price
30Avg Days on Market
16Mobile Home15Detached5Res Income 2-4 Units3Attached2Townhouse1Land
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Showing 12 of 42 listings
About Paramount Real Estate
Paramount, located in the heart of Los Angeles County, is a vibrant city steeped in rich history and community spirit. Originally a small agricultural area, it has transformed into a bustling urban environment while retaining its small-town charm. The city is characterized by its diverse population and strong community ties, making it a welcoming place for newcomers. Paramount's unique blend of residential neighborhoods, parks, and commercial districts creates an appealing tapestry for those looking to settle down in Southern California.
The city is particularly known for its commitment to providing quality public services and recreational activities. With its well-maintained parks, like the popular Paramount Park, residents can enjoy outdoor activities such as sports, picnics, and community events. The city also boasts a variety of schools and educational programs, catering to families and young professionals. Paramount's location offers easy access to major freeways and public transportation, connecting residents to the greater Los Angeles area and beyond.
What sets Paramount apart is its dedication to cultural diversity and community events. Local festivals, farmers’ markets, and art fairs celebrate the city's multicultural heritage, offering residents the chance to engage with their neighbors and enjoy the vibrant local culture. This sense of community, paired with the city's urban conveniences, makes Paramount a unique destination for homebuyers seeking a blend of suburban tranquility and urban accessibility.
27 active listings with a median price of $449,000.
Lifestyle & Community
Living in Paramount offers a unique blend of suburban comfort and urban excitement. The city prides itself on its community feel, where residents often participate in local events such as the annual Paramount Community Day and the Farmers' Market, fostering neighborhood connections. The vibrant streets are lined with diverse eateries, shops, and small businesses that reflect the city’s cultural richness. With parks like the scenic Progress Park providing green space for families to relax and play, Paramount is perfect for those who enjoy an active lifestyle while being part of a tight-knit community.
Local Amenities
- Paramount Park
- Progress Park
- Los Angeles County Library - Paramount Branch
- Paramount City Hall
- Paramount Towne Center
- Paramount Unified School District
- Local grocery stores and markets
- Variety of dining options from ethnic cuisines
- Public transportation access via Metro
- Community events and festivals
- Health and wellness facilities
- Recreational sports leagues
Points of Interest
- Paramount Drive-In Theater
- The Paramount Historical Society
- Magic Johnson Park
- The Los Angeles County Fair
- Gateway to the San Gabriel Valley
- Nearby shopping at the Plaza Mexico
- Local art galleries and studios
- Cultural festivals celebrating diversity
- Nearby hiking trails in the San Gabriel Mountains
- Historic landmarks and buildings in the area
Market Overview
As of October 2023, the Paramount real estate market is characterized by 27 active listings, with a median listing price of $449,000. Homes generally spend an average of 34 days on the market, indicating a competitive environment for buyers. The property mix includes a variety of options, from detached single-family homes to mobile homes, catering to diverse buyer preferences. The market remains attractive for first-time buyers and families looking for affordable housing in Southern California.
Investment Outlook
Paramount presents promising investment opportunities, particularly for rental properties, given the diverse property mix and growing demand. With a median listing price of $449,000, investors can find appealing options in a city that’s becoming increasingly popular due to its affordability compared to neighboring areas. Development trends indicate a focus on improving local infrastructure and community amenities, enhancing the potential for long-term property value appreciation.
Ideal For
Paramount is ideal for first-time homebuyers, families looking for a welcoming community, and investors seeking rental opportunities. Its affordability and diverse property options make it attractive to a wide range of buyers, including those looking to settle in a culturally rich environment with access to urban amenities.
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Living in Paramount
Lifestyle
Living in Paramount offers a unique blend of suburban comfort and urban excitement. The city prides itself on its community feel, where residents often participate in local events such as the annual Paramount Community Day and the Farmers' Market, fostering neighborhood connections. The vibrant streets are lined with diverse eateries, shops, and small businesses that reflect the city’s cultural richness. With parks like the scenic Progress Park providing green space for families to relax and play, Paramount is perfect for those who enjoy an active lifestyle while being part of a tight-knit community.
Local Amenities
Paramount ParkProgress ParkLos Angeles County Library - Paramount BranchParamount City HallParamount Towne CenterParamount Unified School DistrictLocal grocery stores and marketsVariety of dining options from ethnic cuisinesPublic transportation access via MetroCommunity events and festivalsHealth and wellness facilitiesRecreational sports leagues
Market Insights
As of October 2023, the Paramount real estate market is characterized by 27 active listings, with a median listing price of $449,000. Homes generally spend an average of 34 days on the market, indicating a competitive environment for buyers. The property mix includes a variety of options, from detached single-family homes to mobile homes, catering to diverse buyer preferences. The market remains attractive for first-time buyers and families looking for affordable housing in Southern California.
Investment Potential
Paramount presents promising investment opportunities, particularly for rental properties, given the diverse property mix and growing demand. With a median listing price of $449,000, investors can find appealing options in a city that’s becoming increasingly popular due to its affordability compared to neighboring areas. Development trends indicate a focus on improving local infrastructure and community amenities, enhancing the potential for long-term property value appreciation.
Written with AI assistance using live MLS data, reviewed by our team.
Market Snapshot
Market Trend
Declining Market
YoY Price Change
-7.0%
Inventory
Balanced Inventory
Days on Market
Steady Pace
Price Distribution
$0 – $200K
7
$200K – $400K
12
$400K – $600K
9
$600K – $800K
8
$800K – $1.0M
4
$1.0M – $1.5M
4
Explore More in Paramount
Paramount Market ReportPrices, trends & analysisCost of Living in ParamountHousing, rent & expensesSold Properties in ParamountRecent sales & closing pricesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in ParamountSchools & ratings nearbyTransit in ParamountStops & stations nearbyParks in ParamountParks & recreation nearby
Frequently Asked Questions About Paramount
How many homes are for sale in Paramount?
There are currently 42 active residential listings in Paramount. 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 Paramount?
The median list price for homes in Paramount is $452,450. 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 Paramount?
Properties available in Paramount include Mobile Home (16), Detached (15), Res Income 2-4 Units (5), Attached (3), Townhouse (2). You can filter by property type using the search options on this page.
How long do homes stay on the market in Paramount?
Homes in Paramount 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 Paramount?
Paramount is currently a declining market that may favor buyers. Home prices have decreased 7.0% over the past year. 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 Paramount?
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 Paramount?
Yes. You can browse homes in specific neighbourhoods within Paramount using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.