South Gate, MD Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in South Gate, MD is $442,500, up 6.6% year-over-year. Homes sell in an average of 37 days with 26 active listings. The market is currently a strong seller's market.
$442,500median sale price
Is South Gate a buyer's or seller's market?
South Gate, MD is currently a strong seller's market, based on 1.2 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
22
Last 12 weeks
Days on market
37
Average pace
Active listings
26
1.2 months supply
Sale-to-list
101.5%
Above asking
South Gate, MD market data
| Metric | Value |
|---|---|
| Median sale price | $442,500 |
| Median list price | $385,000 |
| Year-over-year price change | +6.6% |
| Average days on market | 37 days |
| Active inventory | 26 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 101.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated weekly
The South Gate housing market is currently classified as a strong seller's market with a median sale price of $442,500. Prices have risen 6.6% compared to last year, with homes spending an average of 37 days on market, indicating 1.2 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 26 homes listed for sale in South Gate, Maryland. The median listing price is $385K.
Active listings
26
Homes on market
Median list price
$385K
Avg. days on market
37
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 $442,500, up 6.6% from last year.
How long do homes stay on market in South Gate?
Homes typically spend 37 days on market before going under contract.
Is South Gate a buyer's or seller's market?
With 1.2 months of supply, South Gate is currently a strong seller's market.
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