Housing Prices in South Gate-East Los Angeles, CA

How much do homes in South Gate-East Los Angeles, CA cost?

Median List Price

$650,000

$526/sqft

Based on all homes listed in the last 12 months.

Difference Since September 2023

+$40,000(+6.6%)

Key Takeaway

The list price of homes in South Gate-East Los Angeles has increased by 6.6% since last year.

Summary: The median home list price in South Gate-East Los Angeles was $650,000 in September 2024, up 6.6% from the previous year, and the median price per square foot was $526.

Median List Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $439.9K$449.5K
+2.2%
2 $569K$599K
+5.3%
3 $629.9K$661.2K
+5.0%
4 $675K$720K
+6.7%
5+ $791.1K$974.5K
+23.2%

Summary: South Gate-East Los Angeles housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 23.2%.

Median List Price Compared To Nearby Cities

Maywood
+23.1%
Bell
+10.3%
South Gate-East Los Angeles
+6.6%
Huntington Park
+4.1%

Housing Supply in South Gate-East Los Angeles, CA

How many homes are available in South Gate-East Los Angeles, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
258268+3.9%

Summary: The South Gate-East Los Angeles real estate market had 268 homes for sale in September 2024, a 3.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 37
+133.3%
2 7075
+7.1%
3 103104
+1.0%
4 3233
+3.1%
5+ 5049
-2.0%

Summary: The South Gate-East Los Angeles housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 2%.

Days on Market for South Gate-East Los Angeles, CA

How long does it take to sell a home in South Gate-East Los Angeles, CA?

Average Listing Age

Sep 2023Sep 2024CHANGE
120 Days83 Days-30.5%

Summary: Homes in South Gate-East Los Angeles had an average listing age of 83 days in Sep 2024, down by 30.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in South Gate-East Los Angeles, CA

Nearby Markets to South Gate-East Los Angeles, CA

What housing markets are near South Gate-East Los Angeles, CA?