South Gate, CA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in South Gate, CA is $670,000, up 6.3% year-over-year. Homes sell in an average of 52 days with 39 active listings. The market is currently a leaning buyer's.
$670,000median sale price
Homes sold
8
Last 12 weeks
Days on market
52
Average pace
Active listings
39
4.9 months supply
Sale-to-list
98.5%
Below asking
South Gate, CA market data
| Metric | Value |
|---|---|
| Median sale price | $670,000 |
| Median list price | $764,900 |
| Year-over-year price change | +6.3% |
| Average days on market | 52 days |
| Active inventory | 39 listings |
| Months of supply | 4.9 months |
| Sale-to-list price ratio | 98.5% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The South Gate housing market is currently classified as a leaning buyer's with a median sale price of $670,000. Prices have risen 6.3% compared to last year, with homes spending an average of 52 days on market, indicating 4.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in South Gate
There are currently 39 homes listed for sale in South Gate, California. The median listing price is $765K.
Active listings
39
Homes on market
Median list price
$765K
Avg. days on market
52
Days until sale
New this week
17
Newly listed
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Frequently asked questions
What is the average home price in South Gate?
The median home sale price in South Gate is $670,000, up 6.3% from last year.
How long do homes stay on market in South Gate?
Homes typically spend 52 days on market before going under contract.
Is South Gate a buyer's or seller's market?
With 4.9 months of supply, South Gate is currently a leaning buyer's.
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