Housing Prices in South Gate-East Los Angeles, CA

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

Median List Price

$649,000

$524/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$49,100(+8.2%)

Key Takeaway

The list price of homes in South Gate-East Los Angeles has increased by 8.2% since last year.

Summary: The median home list price in South Gate-East Los Angeles was $649,000 in May 2024, up 8.2% from the previous year, and the median price per square foot was $524.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $439.9K$509.5K
+15.8%
2 $550K$588.6K
+7.0%
3 $625K$649.8K
+4.0%
4 $690K$694.4K
+0.6%
5+ $798.3K$941.9K
+18.0%

Summary: South Gate-East Los Angeles housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 18%.

Median List Price Compared To Nearby Cities

Maywood
+14.0%
Bell
+13.2%
Huntington Park
+11.9%
South Gate-East Los Angeles
+8.2%

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

Apr 2024May 2024CHANGE
214232+8.4%

Summary: The South Gate-East Los Angeles real estate market had 232 homes for sale in May 2024, a 8.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 56
+20.0%
2 6358
-7.9%
3 8492
+9.5%
4 2731
+14.8%
5+ 3545
+28.6%

Summary: The South Gate-East Los Angeles housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 28.6%.

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

May 2023May 2024CHANGE
124 Days71 Days-42.6%

Summary: Homes in South Gate-East Los Angeles had an average listing age of 71 days in May 2024, down by 42.6% compared to the previous year.

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

Report Updated 1 Day 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?