Housing in Southgate, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$195,500

Median List Price

$194,950

Price Per Sq Ft

$149

Days on Market

41

Active Inventory

32

Months of Supply

1.6

Seller's market

Zillow Home Value

$185,528

ZHVI — January 2026

Zillow Rent Index

$1,560

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 4.3%List Price 0.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.0%

Off Market in 2 Weeks

29.4%

Sale-to-List Ratio

98.1%

Buyer's market

Sold Above Asking
25.0%
Under Contract in 2 Wks
29.4%
Listings with Price Drops
43.8%

Market Activity

Source: Redfin

Homes Sold

20

New Listings

28

Pending Sales

34

Homes Sold 17.6%New Listings 47.4%Pending 54.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$149

Median List $/SF

$157

Sale $/SF 8.0%List $/SF 1.9%Mar 24Jan 26

Southgate vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Southgate is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$165,400

Median Rent

$1,102

Total Housing Units

13,033

Vacancy Rate

5.2%

Owner Occupied

66.2%

Renter Occupied

33.8%

Median Property Tax

$3,163

per year

Monthly Cost (w/ Mortgage)

$1,078

Housing Types

Single Family
72.5%
Multi-Family
26.5%
Mobile Home
1.0%

The current median sale price in Southgate, MI is $195,500 according to Redfin data. Homes spend a median of 41 days on the market. 25.0% of homes sold above asking price. The market has 1.6 months of supply. The median price per square foot is $149. Zillow's observed rent index is $1,560/month. About 66.2% of housing units are owner-occupied. The median year homes were built is 1963. There are 13,033 total housing units.