#SR25042934, Geon Yoo, Listing Office: New Star Realty & Investment
South Gate Housing Market Report February 2025•Los Angeles County, California
Housing Prices in South Gate, CA
How much do homes in South Gate, CA cost?
Median List Price
Based on all homes listed in the last 12 months
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
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
South Gate-East Los Angeles | $621.2K | $669K | +7.7% |
South Gate | $632.9K | $669K | +5.7% |
Bell Gardens | $619.9K | $654.9K | +5.6% |
Lynwood | $650K | $674.9K | +3.8% |
Median List Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $449K | - | N/A |
22 Bedrooms | $592.2K | $627.4K | +5.9% |
33 Bedrooms | $649.9K | $672.2K | +3.4% |
44 Bedrooms | $687K | $749.9K | +9.2% |
55+ Bedrooms | $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
Last Month | 2 months ago | Change 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
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 11 | 14 | +27.3% |
33 Bedrooms | 18 | 18 | 0.0% |
44 Bedrooms | 2 | 1 | -50.0% |
55+ Bedrooms | 4 | 4 | 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?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price0 Home
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
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
This Year | 1 year ago | Change 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.
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Newest Listings in South Gate, CA
What homes are available in South Gate, CA?
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, and Golden Empire MLS for the period 03/01/2023 - 03/01/2025
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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.
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.