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The Downey real estate market in Los Angeles County shows a median home price of $650,000 with an average price per square foot of $450/sq ft. Properties typically sell within 30 days and there are currently 500 homes on the market.
SRK CAPITAL provides comprehensive mortgage services for Downey residents, including purchase loans, refinancing, FHA loans, VA loans, and jumbo mortgages. Our local expertise in the Los Angeles County market ensures you get the best rates and terms available.
Last updated: 2026-01-01
Live in Downey, where Apollo 11 was built and the Carpenters called home. Experience aerospace heritage, the world's oldest McDonald's, and Southeast LA's former "Little Beverly Hills".
Apollo city real estate data
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* Rates shown as of 2/12/2026 and subject to change without notice.
* Rate scenario based on: $650,000 loan amount, 20% down payment ($812,500 purchase price), 740+ credit score, owner-occupied single-family home, with impounds.
* Your actual rate may vary based on your specific credit profile, loan amount, down payment, and other factors.
* APR fees include: $1,350 lender underwriting fee, $80 lender doc fee, $995 processing fee, $99.50 credit report, and third-party fees (title, escrow, appraisal).
* Contact an SRK CAPITAL loan officer for a personalized rate quote.
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Historic center with Downey Theatre and civic buildings
Large estate homes earning "Little Beverly Hills" nickname
Near Apollo Park and space history sites
Family neighborhoods near Downey High School
Residential area near Stonewood Center mall
Established residential neighborhoods
Discover mortgage opportunities in communities near Downey
Enjoy Cerritos College and iconic water tower charm
Former dairy capital with Dutch heritage and international markets
Southeast LA gateway with Paramount Iceland and Progress Park
Southeast LA gateway with Azalea Mall and Tweedy Mile
Gateway Southeast LA with Whittier Narrows and Pio Pico Park
Home to Bicycle Casino and vibrant Latino community
Finance your home where Apollo 11 was built and the Carpenters lived. With aerospace history, iconic landmarks, and Southeast LA convenience, Downey offers unique California heritage.