Southgate, MI Real Estate Market Summary – September 8, 2026
In Southgate, MI, there were a total of 23 homes sold in the last 30 days, averaging approximately 15 days on the market. The average sale price was $226,161, with homes typically offering around 1,685 square feet of living space.
| Metric | 30 Days |
|---|---|
| Number Sold | 23 |
| Sold Per Day | 1 every 1.30 days |
| Average SQFT | 1685 |
| Median Sales Price | $220,000 |
| Average Sales Price | $226,161 |
| Average Price Per SQFT | $142 |
| Average Days on Market | 16 |
| Average Year Built | 1961 |
Southgate, MI Single Family Home Analysis
For single-family homes, 21 properties changed hands during this period, with an average sale price of $236,176. These homes had an average living area of 1,770 square feet and spent an average of about 15 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 21 |
| Sold Per Day | 1 every 1.43 days |
| Average SQFT | 1770 |
| Median Sales Price | $226,000 |
| Average Sales Price | $236,176 |
| Average Price Per SQFT | $141 |
| Average Days on Market | 15 |
| Average Year Built | 1959 |
Southgate, MI Condo & Townhome Analysis
In the condo and townhome sector, 2 units were sold, averaging a sale price of $121,000. These units had a typical living area of 794 square feet and remained on the market for an average of 25 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 794 |
| Median Sales Price | $121,000 |
| Average Sales Price | $121,000 |
| Average Price Per SQFT | $150 |
| Average Days on Market | 25 |
| Average Year Built | 1984 |
Buyer & Seller Analysis
- Pace of sales is approximately 1 every 1.30 days.
- Average days on market is around 15 days for all properties.
- Median sale price is $220,000 across all segments.
- Two condo units were sold, making this segment less active than single-family homes.
Conclusion
Overall, Southgate’s real estate market shows a moderate activity level in the single-family segment, while the condo and townhome market remains limited. The average sale prices reflect a diverse set of homes available to buyers.