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Housing in Southgate

351 homes sold in Southgate in the last year, at a typical $205K

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.

Homes sold
351
June 2025 to May 2026
Typical sale price
$205K
houses $208K · condos $168K
Price per square foot
$161
Michigan $172
Paid vs. asking
99.5%
39% sold over asking
For sale now
29
May 2026 · 21 sold that month
What sold · last 12 months

11% of Southgate’s sales are condos, at $40K less than a house

313 houses and 38 condos sold in the year to May 2026. Houses sell faster.

Houses$208K

typical sale · 313 sold in 12 months

Per square foot
$166MI $172
Days to sell
22
Sold over asking
39%
Listings with a price cut
38%
Condos$168K

typical sale · 38 sold in 12 months

Per square foot
$140MI $190
Days to sell
27
Sold over asking
37%
Listings with a price cut
36%
13 years of sales

About as many homes sell as usual, at twice the 2016 price

351 sales in the last year, against 454 in 2021 and a low of 303 in 2024. The typical sale went from $99K in 2016 to $205K.

Homes soldTypical sale price
0125250375500$75K$150K$225K$300K2013: 387 sold, typical $68K’132014: 408 sold, typical $76K2015: 396 sold, typical $86K’152016: 383 sold, typical $99K2017: 378 sold, typical $108K’172018: 413 sold, typical $123K2019: 406 sold, typical $128K’192020: 387 sold, typical $140K2021: 454 sold, typical $159K’212022: 380 sold, typical $172K2023: 311 sold, typical $181K’232024: 303 sold, typical $198K2025: 364 sold, typical $203K’25Last 12 months: 351 sold, typical $205KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Southgate

Houseat $166 a sq ft
Condoat $140 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

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.

What the sales history says · 13 years of sales

Bidding wars in Southgate are more common than before the pandemic, but 19% fewer homes come up for sale

We read every month of Southgate’s home sales since 2013 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, 351 sales.

If you’re buying in Southgate

  • Shop in August. It brings about 47 new listings a month, close to the busiest month, with fewer bidding wars (42% over asking).
  • Some room to negotiate. 38% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 99.5% of the list price on average; 39% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 47 a month), but June is the most competitive: 47% of June sales close over asking. January has the least competition (24%) but only about 21 new listings.

New listings a monthShare sold over asking
012.52537.55020%40%60%Sweet spotJan: 21 new listings a month, 24% sold over asking, 38 days to sellJFeb: 24 new listings a month, 33% sold over asking, 39 days to sellFMar: 34 new listings a month, 35% sold over asking, 31 days to sellMApr: 37 new listings a month, 44% sold over asking, 18 days to sellAMay: 44 new listings a month, 47% sold over asking, 13 days to sellMJun: 44 new listings a month, 47% sold over asking, 14 days to sellJJul: 43 new listings a month, 43% sold over asking, 20 days to sellJAug: 47 new listings a month, 42% sold over asking, 19 days to sellASep: 37 new listings a month, 43% sold over asking, 20 days to sellSOct: 35 new listings a month, 37% sold over asking, 20 days to sellONov: 27 new listings a month, 42% sold over asking, 22 days to sellNDec: 19 new listings a month, 30% sold over asking, 32 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Michigan

Southgate now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price39%26%63%31%
Gone within two weeksShare of homes under contract within 14 days51%46%72%43%
Listings with a price cutShare of homes for sale that cut their price38%37%28%28%
Price paid vs. askingAverage sale price ÷ list price99.5%97.8%102.2%98.4%
Days to sellMedian days from listing to contract21221033
Supply

43 homes for sale on a typical day

That’s twice the 2023 low (22), 19% fewer than in 2017–19 and well under 2013’s 119.

2013: 119 for sale’132014: 114 for sale2015: 108 for sale2016: 62 for sale’162017: 59 for sale2018: 51 for sale2019: 49 for sale’192020: 33 for sale2021: 28 for sale2022: 29 for sale’222023: 22 for sale2024: 28 for sale2025: 43 for sale’25Last 12 months: 43 for saleNow
Room to negotiate

1 in 3 listings has cut its price

38% in the last year, against 37% in 2017–19 and 28% across Michigan.

2015: 20%’152016: 38%2017: 30%2018: 43%’182019: 40%2020: 34%2021: 28%’212022: 32%2023: 32%2024: 31%’242025: 37%Last 12 months: 38%Now
Prices by type

Since 2019, houses are up 59%, condos 67%

A house typically sold for $208K in the last year (313 sales), a condo for $168K (38).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $72K, 328 salesHouses 2014: $78K, 365 salesHouses 2015: $87K, 358 salesHouses 2016: $99K, 354 salesHouses 2017: $110K, 341 salesHouses 2018: $125K, 376 salesHouses 2019: $131K, 359 salesHouses 2020: $142K, 364 salesHouses 2021: $162K, 416 salesHouses 2022: $177K, 337 salesHouses 2023: $185K, 270 salesHouses 2024: $201K, 278 salesHouses 2025: $206K, 323 salesHouses last 12 months: $208K, 313 salesHouses $208KCondos 2013: $57K, 59 salesCondos 2014: $78K, 43 salesCondos 2015: $65K, 38 salesCondos 2016: $97K, 29 salesCondos 2017: $111K, 37 salesCondos 2018: $110K, 37 salesCondos 2019: $101K, 46 salesCondos 2020: $124K, 23 salesCondos 2021: $123K, 38 salesCondos 2022: $131K, 43 salesCondos 2023: $163K, 41 salesCondos 2024: $160K, 25 salesCondos 2025: $158K, 41 salesCondos last 12 months: $168K, 38 salesCondos $168K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Michigan

Southgate ranks 48th of 194 busy Michigan markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Southgate is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Southgate home costs about $1,394 a month

Mortgage
Property tax
Insurance
Rent

Price: Southgate’s typical sale, last 12 months. Property tax at Southgate’s 1.9% (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.

Before you buy in Southgate

Six things worth knowing

47

New listings in August

The month with the most choice. December has the fewest, about 19.

Best time to buy
1.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $205K home, about $3,890 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Southgate, from test results, graduation and how much students grow.

Schools in Southgate
24 min

Typical commute

The average one-way trip to work for people who live in Southgate.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Wyandotte, Lincoln Park, Taylor and Trenton sell for less a square foot

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.

SoldTypical sale$/sq ftOver askingDays to sell
Taylor643$182K$15442%27
Lincoln Park475$162K$14046%24
Allen Park360$232K$16042%20
Southgate351$205K$16139%21
Wyandotte317$209K$15541%24
Trenton253$250K$15045%17
Riverview131$235K$16052%24

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.

Selling, or renting out?

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, MI?

351 homes sold in the year to May 2026 at a typical $205K, $161 a square foot. Houses sold for about $208K, condos for about $168K.

Is Southgate a buyer’s or seller’s market?

A seller’s market: 29 homes were for sale in May 2026 and 21 sold, about 1.4 months of supply. Buyers paid 99.5% of asking on average, and 38% of listings cut their price.

When is the best time to buy in Southgate?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Southgate?

About 1.9% of a home’s value a year. On a $205K home that’s near $3,890.

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).