South Gate, MD
Housing market overview · Updated weekly
$442,500median sale price
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
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
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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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