Housing Prices in South Gate, CA
How much do homes in South Gate, CA cost?
Median List Price
$635,000
$520/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in South Gate was $635,000 in March 2024, up 5.9% from the previous year, and the median price per square foot was $520.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $449K | $449K | 0.0% |
2 Bedrooms | $560K | $599K | +7.0% |
3 Bedrooms | $625K | $650K | +4.0% |
4 Bedrooms | $699K | $675K | -3.4% |
5+ Bedrooms | $825K | $1.3M | +64.4% |
Summary: South Gate housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 64.4%.
Median List Price Compared To Nearby Cities
Lynwood | $619.5K | $659.9K | +6.5% |
South Gate | $599.9K | $635K | +5.9% |
South Gate-East Los Angeles | $599.4K | $629.9K | +5.1% |
Housing Supply in South Gate, CA
How many homes are available in South Gate, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 26 | -7.1% |
Summary: The South Gate real estate market had 26 homes for sale in March 2024, a 7.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 10 | -16.7% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Gate housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for South Gate, CA
How long does it take to sell a home in South Gate, CA?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
101 Days | 64 Days | -36.7% |
Summary: Homes in South Gate had an average listing age of 64 days in Mar 2024, down by 36.7% compared to the previous year.