Southgate, FL

Leaning buyer's+21.3% YoY

Housing market overview · Updated weekly

$485,000median sale price

Homes sold

11

Last 12 weeks

Days on market

28

Average pace

Active listings

45

4.1 months supply

Sale-to-list

95.1%

Below asking

The Southgate housing market is currently classified as a leaning buyer's with a median sale price of $485,000. Prices have risen 21.3% compared to last year, with homes spending an average of 28 days on market, indicating 4.1 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 Southgate

There are currently 45 homes listed for sale in Southgate, Florida. The median listing price is $585K.

Active listings

45

Homes on market

Median list price

$585K

Avg. days on market

28

Days until sale

New this week

15

Newly listed

Price drops:24.4%of listings
Sale-to-list:95.1%

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Frequently asked questions

What is the average home price in Southgate?

The median home sale price in Southgate is $485,000, up 21.3% from last year.

How long do homes stay on market in Southgate?

Homes typically spend 28 days on market before going under contract.

Is Southgate a buyer's or seller's market?

With 4.1 months of supply, Southgate is currently a leaning buyer's.

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