South Gate Housing Market Report February 2025Los Angeles County, California

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Housing Prices in South Gate, CA

How much do homes in South Gate, CA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$669,000$553/SqFt
+$36,100
+5.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in South Gate has increased by 5.7% since last year.

Summary: The median home list price in South Gate was $669,000 in February 2025, up 5.7% from the previous year, and the median price per square foot was $553.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
South Gate-East Los Angeles
+7.7%
South Gate
+5.7%
Bell Gardens
+5.6%
Lynwood
+3.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$449K-
N/A
2$592.2K$627.4K
+5.9%
3$649.9K$672.2K
+3.4%
4$687K$749.9K
+9.2%
5$1.3M$1.1M
-14.5%

Summary: South Gate housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +5.9%. The home price for 3 bedroom homes increased by +3.4%. The home price for 4 bedroom homes increased by +9.2%. The home price for 5 bedroom homes decreased by -14.5%.

Housing supply in South Gate, CA

How many homes are available in South Gate, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
37Last MonthFeb 2025
352 months agoJan 2025
+5.7 %
Change MoMJan – Feb

Summary: The South Gate real estate market had 37 homes for sale in Feb 2025, a 5.7 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
21114
+27.3%
31818
0.0%
421
-50.0%
544
0.0%

Summary: South Gate housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +27.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in South Gate, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price2 Homes

Under Asking Price0 Home

Insight

If you're buying a home in South Gate, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in South Gate in February 2025, down by 42.9% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.

Days on Market for South Gate, CA

How long does it take to sell a home in South Gate, CA?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in South Gate are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 4 homes were sold in South Gate; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
63 DaysThis YearFeb 2025
87 Days1 year agoFeb 2024
-27.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in South Gate had an average listing age of 63 days in Feb 2025, down by 27.8% compared to the previous year.

Newest Listings in South Gate, CA

What homes are available in South Gate, CA?

MLS Disclaimers and Copyright

Based on information from California Regional MLS, and Golden Empire MLS for the period 03/01/2023 - 03/01/2025

IDX 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.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from Golden Empire MLS, Inc. 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. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 Bakersfield Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 4:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.