$9,322 Closing Credit*
$785,000
1,854 SqFt
5 Beds
•2 Full Baths
Carlos Cotta, Listing Office: Carlos M. Cotta, Broker
Housing Prices in South Gate, CA
How much do homes in South Gate, CA cost?
Median List Price
$662,500
$540/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$42,500(+6.9%)
Key Takeaway
The list price of homes in South Gate has increased by 6.9% since last year.
Summary: The median home list price in South Gate was $662,500 in November 2024, up 6.9% from the previous year, and the median price per square foot was $540.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $449K | - | N/A |
| 2 Bedrooms | $589.9K | $619K | +4.9% |
| 3 Bedrooms | $649.9K | $674.9K | +3.8% |
| 4 Bedrooms | $687K | $754.9K | +9.9% |
| 5+ Bedrooms | $1.3M | $1.1M | -15.8% |
Summary: South Gate housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 15.8%.
Median List Price Compared To Nearby Cities
| South Gate-East Los Angeles | $612.3K | $656K | +7.1% |
| South Gate | $620K | $662.5K | +6.9% |
| Lynwood | $645K | $674.9K | +4.6% |
| Bell Gardens | $645K | $659.9K | +2.3% |
Housing Supply in South Gate, CA
How many homes are available in South Gate, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 36 | -20.0% |
Summary: The South Gate real estate market had 36 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 24 | 19 | -20.8% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The South Gate housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 20%.
Days on Market for South Gate, CA
How long does it take to sell a home in South Gate, CA?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 84 Days | -1.8% |
Summary: Homes in South Gate had an average listing age of 84 days in Nov 2024, down by 1.8% compared to the previous year.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.