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Featured local agent — Southgate, MI
Sarah Mitchell
Compass Real Estate · Southgate, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Southgate, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$227,500median sale price
How is the Southgate, MI housing market right now?
The median home sale price in Southgate, MI is $227,500, up 13.8% year-over-year. Homes sell in an average of 8 days with 29 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Southgate a buyer's or seller's market?
Southgate, MI is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 8 days. How we determine this →
Homes sold
21
Last 12 weeks
Days on market
8
Fast-moving
Active listings
29
1.4 months supply
Sale-to-list
99.6%
Below asking
What does the Southgate housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $227,500 |
| Median list price | $220,000 |
| Year-over-year price change | +13.8% |
| Average days on market | 8 days |
| Active inventory | 29 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $181/sq ft |
| Homes sold (latest month) | 21 |
| New listings (latest month) | 42 |
| Listings with a price cut | 34.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Southgate by property type?
How the Southgate, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $226,200 | $182/sq ft | 18 | 7 days |
| Condo / Co-op | $250,000 | $176/sq ft | 3 | 45 days |
Source: Redfin · Updated monthly
The Southgate housing market is currently classified as a strong seller's market with a median sale price of $227,500. Prices have risen 13.8% compared to last year, with homes spending an average of 8 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Homes for sale in Southgate
There are currently 29 homes listed for sale in Southgate, Michigan. The median listing price is $220K.
Active listings
29
Homes on market
Median list price
$220K
Avg. days on market
8
Days until sale
New this week
42
Newly listed
Who lives in Southgate?
Population
29,551
Median income
$64,635/yr
Median age
39.4 years
Owner-occupied
66.2%
College grads
21.4%
Avg commute
24.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Southgate?
Zillow home value
$199,300
Zillow rent index
$1,621/mo
Price-to-rent ratio
10.2x
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Southgate?
Southgate is a community of approximately 30K residents with a median age of 39.4 years.The median household income is $64,635, which represents a working-class community with solid middle-income opportunities. 21.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Southgate offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Southgate?
9 schools tracked · 4,166 students
The largest public schools serving Southgate, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Southgate Anderson High School
Grades 9-12 · 986 students
Creative Montessori Academy
Grades PK-8 · 737 students
Davidson Middle School
Grades 6-8 · 657 students
Asher School
Grades 9-12 · 363 students
Grogan Elementary School
Grades PK-5 · 343 students
Allen Elementary School
Grades PK-5 · 342 students
Fordline Elementary School
Grades PK-5 · 305 students
Shelters Elementary School
Grades PK-5 · 292 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Southgate, MI?
Want a head-to-head view? Compare Southgate side-by-side with any other U.S. city using our market-comparison tool.
Is Southgate a good real estate investment market?
For investors evaluating Southgate, the price-to-rent ratio of 10.2x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 13.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Southgate's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Southgate's median home price.
Frequently asked questions
What is the average home price in Southgate?
The median home sale price in Southgate is $227,500, up 13.8% from last year.
How long do homes stay on market in Southgate?
Homes typically spend 8 days on market before going under contract.
What is the median income in Southgate?
The median household income is $64,635 per year.
Is Southgate a buyer's or seller's market?
With 1.4 months of supply, Southgate is currently a strong seller's market.
What is the Zillow home value estimate for Southgate?
The Zillow Home Value Index (ZHVI) for Southgate is $199,300, representing the typical home value in the area.
What is the median condo price in Southgate?
The median condo/co-op sale price in Southgate, MI is $250,000, compared to $226,200 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Southgate?
The median single-family home price in Southgate, MI is $226,200 (about $182 per square foot).
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