Southgate, MI—48195
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$198,000
2.4% YoY Growth
Household Income
$64,600
17.6% YoY Growth
Days on Market
32
36.0% Longer YoY
Home Price Forecast
0.1%
Median Rent
$1,700
5.8% YoY Growth
1-Bed Rent
$924
N/A
2-Bed Rent
$1,800
14.2% YoY Growth
3-Bed Rent
$1,700
7.6% YoY Growth
Home Price Trends — Southgate, MI
As of May '26, the median home price in Southgate, MI is $198,000, with a year-over-year change of 2.4%. This indicates that home prices in Southgate, MI are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | 2.4% |
| Single Family | $199,000 | 2.6% |
| Condos | $161,000 | 1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |