Downham Market Property Market Report

Updated June 2026 - Property market intelligence for Downham Market, Norfolk

Market Summary

53
Downham Market Market Strength Score / 100
Extreme Buyers' Market
£214,399
Average Price
20%
SSTC Rate
74
Avg Days on Market
11.8
Months of Stock
2
Sales / Month
20
Properties Analysed
Norfolk Average Comparison
Norfolk avg SSTC: 19%
Downham Market: 20%
Norfolk avg DOM: 323
Downham Market: 74
Norfolk avg stock: 12.5 mo
Downham Market: 11.8 mo
Key Market Takeaways
Buyers currently have significant negotiating power
Well-priced homes are selling within a reasonable timeframe (74 days average)
Accurate pricing is critical to achieving a successful sale
Quick Answer

Downham Market is currently an extreme buyers' market. High stock levels, low agreed sales activity and extended marketing periods mean buyers have significant negotiating power and sellers must focus on pricing accuracy.

The Downham Market property market is currently experiencing very low buyer activity, with only 20% of listed properties currently under offer. The average asking price stands at £214,399, with properties taking an average of 74 days to sell. Stock levels are elevated, giving buyers considerable choice and negotiating leverage.

Buyer Ranking
204th / 324
Seller Ranking
147th / 324
Buyers Have The Advantage

Downham Market currently has 20% of properties sold subject to contract, meaning 80% remain available. This gives buyers more choice and less competition. Sellers should focus on accurate pricing and strong presentation to attract offers.

Although homes sell relatively quickly in Downham Market, the low percentage under offer suggests a steady flow of new stock entering the market, giving buyers more choice.

Rankings based on SSTC rates and days on market across 324 Norfolk and Suffolk areas we track.

At a Glance

Average Price£214,399
Market Strength53 / 100 - Extreme Buyers' Market
Buyer CompetitionLow
Market MomentumStable
Average Time to Sell74 days
Buyer Negotiation PositionStrong
Investment OutlookNeutral

Key Market Trends

Flat properties make up the largest share of available stock at 40%.

Only 20% of properties are under offer, leaving buyers with significant choice.

Properties are selling significantly faster than the Norfolk average.

Well-presented homes continue to attract stronger offers and sell more quickly than competing listings.

Is It a Buyers' or Sellers' Market?

One of the most reliable ways to assess the market is by looking at the percentage of homes marked as "Sold STC" or "Under Offer" compared with the total number of properties on the market.

With 20 properties available and 20% under offer, the market strongly favours buyers. At current sales rates of 2 per month, there is approximately 11.8 months of inventory, well above the 6-month threshold of a balanced market.

Wider Downham Market Area
20%
Extreme Buyers' Market
4 of 20 properties SSTC
Central Downham Market
0%
Extreme Buyers' Market
0 of 19 properties SSTC
Moderate sample: 19 tracked properties

Central and wider area data show some divergence. The central area has 0% SSTC compared to 20% across the wider area, suggesting different conditions at the local level.

Market Momentum

Current Direction
Stable

Market conditions are broadly stable. Price movement data is limited and supply and demand are relatively balanced.

Buyer Negotiation Position: Strong

Negotiating Strength
Strong

Buyers are in a strong position to negotiate. With 20% of properties under offer and 11.8 months of stock, there is less competition for available homes. Offers below asking price are more likely to be considered.

Ivybridge Insight

Downham Market - June 2026
Downham Market is a traditional West Norfolk market town between King's Lynn and Ely, known for its distinctive clocktower, independent shops, and affordable property market with good rail connections to Cambridge and London. Activity here remains subdued, with just 20% of listed properties under offer. For sellers, this means competition for buyer attention is intense. Pricing realistically from day one remains the single most effective strategy.

What This Means for Sellers

In an extreme buyers' market, pricing accuracy becomes critical. Overpricing extends time on market significantly and can damage the eventual sale price. With 74 average days on market, many sellers are already experiencing extended marketing periods.

Sellers benefit from evidence-based pricing that reflects current comparable sales, not aspirational values. Presentation quality is the key differentiator when stock levels are high.

If you are considering selling, our Property Pricing Brief provides a tailored, no-obligation assessment based on your specific property, current comparable evidence, and the particular dynamics of the Downham Market market.

What This Means for Buyers

Buyers are in a strong negotiating position. With only 20% of properties under offer, there is limited competition. Take time to view thoroughly, commission surveys, and negotiate confidently, but be prepared to act decisively when the right property appears.

With 11.8 months of stock available, there is no urgency to rush. However, the best properties, those priced realistically and presented well, still attract interest relatively quickly.

Our Considered View

Robert and Nicola Holmes-Chapman

Downham Market is currently a extreme buyers' market. Buyers have genuine choice and negotiating room, which is not typical across Norfolk as a whole. Market momentum is stable. We would not expect significant shifts in the short term, but conditions can change quickly in smaller markets. For buyers, the key opportunity is the ability to negotiate and to take time over decisions. For sellers, the challenge is standing out in a market where buyers are selective. Presentation, pricing accuracy and marketing quality are all critical. As always, the homes that sell well in Downham Market are those that are realistically priced, well-presented and marketed with genuine transparency.

Investor Snapshot

Average Property Price£214,399
Average Rent (pcm)£862
Estimated Gross Yield5.6%
Rental DemandLow
1-Year Price Growth-
Investment OutlookNeutral

Rental data will be added as it becomes available. Contact us for a full investment assessment of a specific property.

Downham Market Property Market Data

Central Downham Market
Average asking price£219,104
Properties on market19
SSTC0%
Avg days on market-
SampleModerate sample (19)
Wider Area
Average asking price£214,399
Properties analysed20
SSTC20%
Avg days on market74
Search radius0.2 miles

Property Types & Pricing in Downham Market

Property Mix - Central Downham Market
Flat42% (8)
Detached26% (5)
Semi-Detached16% (3)
Terraced16% (3)
Central Downham Market - Avg by Type
Flat£132,999(8)
Detached£398,999(5)
Semi-Detached£214,998(3)
Terraced£153,000(3)
Wider Area - Avg by Type
Detached£353,333(6)
Flat£132,999(8)
Semi-Detached£214,998(3)
Terraced£153,000(3)
Average Price by Bedrooms - Central Downham Market
1 bedroom£139,998(2)
2 bedrooms£176,916(12)
3 bedrooms£165,000(1)
4 bedrooms£431,665(3)

Currently on the Market in Downham Market

A snapshot of 8 residential properties currently listed in central Downham Market, sorted by price.

4 bedroom detached
£450,000
For Sale
4 bedroom detached
£435,000
For Sale
4 bedroom detached
£409,995
For Sale
2 bedroom detached
£400,000
For Sale
detached
£300,000
For Sale
2 bedroom semi-detached
£249,995
For Sale
2 bedroom semi-detached
£235,000
For Sale
1 bedroom flat
£169,995
For Sale

Recently Sold in Downham Market

Recent residential transactions from Land Registry records.

PriceTypeDate
£150,000Flat2026-02-12
£225,000Terraced2026-02-06
£132,500Flat2025-11-10
£177,0002025-10-30
£179,995Terraced2025-09-05
£185,000Terraced2025-08-08
£355,000Detached2025-07-28
£180,000Terraced2025-07-11
£123,000Flat2025-07-03
£515,000Detached2025-06-20

How Downham Market Compares with Norfolk

Downham Market is currently performing below the Norfolk average in terms of buyer activity. The comparison table above shows how key metrics stack up against the county-wide picture, giving both buyers and sellers useful context for their decisions.

Frequently Asked Questions About Downham Market

Is Downham Market currently a buyer's or seller's market?

Based on current data, Downham Market is classified as an extreme Buyers' Market (20% SSTC). 4 of the 20 nearest residential properties are currently sold subject to contract.

What is the average house price in Downham Market?

The average asking price in central Downham Market is approximately £219,104, while the wider area average is £214,399.

Are property prices rising or falling in Downham Market?

Over the past year, average prices moved by data not available.

How long do homes take to sell in Downham Market?

Properties spend an average of 74 days on the market with 11.8 months of inventory.

Is now a good time to sell in Downham Market?

Current conditions favour buyers. Sellers need to be particularly focused on pricing accuracy and property presentation. The key to selling in this market is standing out from competing listings with a realistic asking price from day one.

Is now a good time to buy in Downham Market?

This is a favourable time for buyers. With only 20% of properties under offer, there is good choice and genuine room to negotiate. Buyers can afford to be selective and take time finding the right property.

Is Downham Market a good area to invest in property?

Prices have been broadly stable over the past year. For a full investment assessment including rental yield potential and local demand factors, we recommend requesting a Property Pricing Brief.

How competitive is the Downham Market property market?

Buyer competition in Downham Market is currently low. 20% of properties are under offer and the average time on market is 74 days. Downham Market ranks 147th out of 324 areas we track for seller market strength.

How does Downham Market compare with the rest of Norfolk?

Downham Market's average price of £214,399 is below the Norfolk county average of £274,471. The local SSTC rate of 20% compares to a Norfolk average of 19%, and properties sell in 74 days compared to the county average of 323 days.

How can I find out what my home in Downham Market might be worth?

Our Property Pricing Brief provides a tailored, no-obligation assessment based on current market conditions.

THINKING ABOUT YOUR OPTIONS?

Request Your Property Pricing Brief

Understand what your home may be worth, how it compares to competing properties and what pricing strategy is most likely to maximise your final sale price.

No pressure. Just honest, expert advice from Robert and Nicola.

Request Your Property Pricing Brief

Or call us on 01603 369977

About This Report

This report is prepared and updated by The Ivybridge Collection using PropertyData market intelligence, Land Registry sold price data and The Ivybridge Collection's proprietary Norfolk and Suffolk property database.

Data is refreshed monthly and market conditions should always be considered alongside property-specific advice.

Prepared by Robert Holmes-Chapman and Nicola Holmes-Chapman, Founders of The Ivybridge Collection.

Last reviewed: June 2026

Norfolk Property Market Intelligence Network

This report forms part of The Ivybridge Collection's Norfolk Property Market Intelligence Network, a county-wide property intelligence platform tracking property supply, buyer demand, pricing trends, market liquidity and local market performance across Norfolk.

By monitoring local markets individually, homeowners, buyers and investors can gain a clearer understanding of how conditions vary between city, coastal, countryside and market town locations.

The Network currently monitors hundreds of local markets across Norfolk and Suffolk, helping homeowners, buyers and investors understand market conditions, pricing trends and local market performance at postcode level.

Explore other Norfolk Property Market Reports to compare local market conditions and identify emerging trends across the county.

About Us
The Ivybridge Collection are Estate Agents in Norfolk for a select number of significant homes across Norfolk and Suffolk. Every sale is director led with personal guidance from valuation through to completion. Our approach is shaped by the type of home, the buyer it will attract, and the specific part of the county it sits within.
The Ivybridge Collection Ltd is registered in England and Wales No. 16161623 | Registered Office: The White House, Salhouse Road, Little Plumstead, Norfolk, NR13 5ES