125 homes sold in Southgate in the last year, at a typical $482K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Southgate homes are listed.
Every place Southgate homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Southgate.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 94% of Southgate’s sales, at a typical $485K
125 homes sold in the year to May 2026.
typical sale · 117 sold in 12 months
- Per square foot
- $288FL $245
- Days to sell
- 54
- Sold over asking
- 8%
- Listings with a price cut
- 37%
Multi-family (2–4 units): 1 sold, typical $500K
Condos: 7 sold, typical $192K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
125 sales in the last year, against 183 in 2015 and a low of 95 in 2024. The typical sale went from $241K in 2016 to $482K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Southgate
Check a listing against what Southgate homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Southgate are back to pre-pandemic levels, with about as many homes for sale
We read every month of Southgate’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 125 sales.
If you’re buying in Southgate
- Shop in January. It brings about 19 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
- Some room to negotiate. 34% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 95.3% of the list price on average; 7% paid over.
- You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 49 days.
Winter brings the homes; spring brings the bidding wars
January has the most new listings (about 19 a month), but March is the most competitive: 20% of March sales close over asking. December has the least competition (10%) but only about 11 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Florida as a whole
| Southgate now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 7% | 8% | 31% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 26% | 30% | 56% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 34% | 35% | 34% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 95.3% | 95.8% | 98.6% | 96.3% |
| Days to sellMedian days from listing to contract | 49 | 45 | 14 | 76 |
48 homes for sale on a typical day
That’s 3.5 times the 2021 low (14) and 14% more than in 2017–19.
1 in 3 listings has cut its price
34% in the last year, against 35% in 2017–19 and 28% across Florida.
Since 2019, houses are up 65%, condos 56%
A house typically sold for $485K in the last year (117 sales), a condo for $192K (7).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Southgate ranks 336th of 534 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Southgate is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Southgate home costs about $2,766 a month
Price: Southgate’s typical sale, last 12 months. Property tax at Southgate’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Southgate is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in January
The month with the most choice. December has the fewest, about 11.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $482K home, about $3,010 a year.
Taxes vs. neighborsSchools
The schools grade for Southgate, from test results, graduation and how much students grow.
Schools in SouthgateTypical commute
The average one-way trip to work for people who live in Southgate.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Ridge Wood Heights, South Gate Ridge, Sarasota Springs and Bee Ridge sell for less a square foot; South Sarasota and Sarasota for far more
The busier markets within 25 miles of Southgate, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Sarasota | 1,122 | $590K | $394 | 5% | 80 |
| Bee Ridge | 185 | $355K | $214 | 6% | 64 |
| Sarasota Springs | 178 | $364K | $272 | 14% | 32 |
| Southgate | 125 | $482K | $282 | 7% | 49 |
| South Sarasota | 115 | $762K | $364 | 1% | 101 |
| South Gate Ridge | 97 | $363K | $246 | 12% | 61 |
| Ridge Wood Heights | 76 | $377K | $264 | 7% | 63 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Southgate, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Southgate. People who follow the town see it, and so do people comparing Southgate with their own town. No commission, no listing fee.
Questions about buying a home in Southgate
What do homes sell for in Southgate, FL?
125 homes sold in the year to May 2026 at a typical $482K, $282 a square foot.
Is Southgate a buyer’s or seller’s market?
A seller’s market: 37 homes were for sale in May 2026 and 12 sold, about 3.1 months of supply. Buyers paid 95.3% of asking on average, and 34% of listings cut their price.
When is the best time to buy in Southgate?
January brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Southgate?
About 0.6% of a home’s value a year. On a $482K home that’s near $3,010.
Where can I see homes for sale in Southgate?
Zillow, Redfin, Realtor.com and Homes.com all carry Southgate’s MLS listings; the search links above open each one filtered to Southgate.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).