New - 4 hours on Rocket
$9,499 Closing Credit¹
#SR25021763, Levon Barrison, Listing Office: Infinity Real Estate Services
South Gate Housing Market Report December 2024•Los Angeles County, California
Housing Prices in South Gate, CA
How much do homes in South Gate, CA cost?
Housing Market Conditions
Is South Gate, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
South Gate is a Seller's Market
Difference Since December 2023
Since last year, South Gate has remained a Seller's Market.
Insight
South Gate is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$680,000$557/SqFt
+$50,000
+7.9%
Based on all homes sold in the last 12 months
Insight
Homes in South Gate have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in South Gate was $680,000 in December 2024, up 7.9% from last year, and the median price per square foot was $557.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $449K | - | N/A |
| 22 Bedrooms | $600K | $632.5K | +5.4% |
| 33 Bedrooms | $650K | $712.1K | +9.6% |
| 44 Bedrooms | $710K | $755K | +6.3% |
| 55+ Bedrooms | $1.2M | $1.1M | -11.8% |
Summary: South Gate housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +5.4%. The home price for 3 bedroom homes increased by +9.6%. The home price for 4 bedroom homes increased by +6.3%. The home price for 5 bedroom homes decreased by -11.8%.
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 |
|---|---|---|
| 32Last MonthDec 2024 | ||
| 382 months agoNov 2024 | -15.8 % Change MoMNov – Dec |
Summary: The South Gate real estate market had 32 homes for sale in Dec 2024, a 15.8 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthDec 2024 | ||
| 72 months agoNov 2024 | +57.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 8 | 8 | 0.0% |
| 33 Bedrooms | 18 | 15 | -16.7% |
| 44 Bedrooms | 7 | 3 | -57.1% |
| 55+ Bedrooms | 5 | 6 | +20.0% |
Summary: South Gate housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes decreased by -57.1%. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in South Gate, CA cost?
Over Asking Price7 Homes
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in South Gate, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in South Gate in December 2024, up by 57.1% month-over-month. Of the 11 sold homes, 18% were sold under asking, 18% were sold at asking, and and 64% 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 Days7 Homes
30 – 90 Days2 Homes
Over 90 Days2 Homes
Insight
Many homes in South Gate are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 11 homes were sold in South Gate; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 40 DaysThis YearDec 2024 | ||
| 42 Days1 year agoDec 2023 | -4.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in South Gate had an average listing age of 40 days in Dec 2024, down by 4.6% compared to the previous year.
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Newest Listings in South Gate, CA
What homes are available in South Gate, CA?
New - 2 days on Rocket
$8,906 Closing Credit¹
#CV25020374, Luis De Anda, Listing Office: VICTORIAN REALTY
New - 2 days on Rocket
$10,000 Closing Credit¹
#OC25020697, Alec Javanshiri, Listing Office: Re/Max Property Connection
New - 4 days on RocketVideo tour
$10,000 Closing Credit¹
#250001412SD, James Darby, Listing Office: USAFC Realty
New - 4 days on Rocket
$7,707 Closing Credit¹
#SB25019460, Antonio Atoche, Listing Office: Antonio Atoche, Broker
New - 6 days on Rocket
$6,768 Closing Credit¹
#DW25006281, Antonio Lanz, Listing Office: eXp Realty of California Inc.
New - 7 days on Rocket
#RS25003558, Ricky Sood, Listing Office: SoodReal Estate Services, Inc.
$7,303 Closing Credit¹
#WS25016876, DANIEL MEDRANO, Listing Office: KW Vision
$8,313 Closing Credit¹
#CV25015990, Esteban Moreno, Listing Office: ESTEBAN MORENO, BROKER
3D tour
$9,203 Closing Credit¹
#SB25015627, Venus Martinez, Listing Office: Redfin Corporation
$10,000 Closing Credit¹
#DW25014372, Dale Jervis, Listing Office: Century 21 Jervis & Associates
$9,499 Closing Credit¹
#202500817, Jorge Solis Jr, Listing Office: Infinity Real Estate Services
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, Greater Antelope Valley MLS, and Golden Empire MLS for the period 01/01/2023 - 01/01/2025
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: 2/1/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from the Greater Antelope Valley MLS. Information deemed reliable but not guaranteed.
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. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 Greater Antelope Valley 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: 2/1/2025, 3:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 Greater Antelope Valley 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: 2/1/2025, 3:15:59 AM 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: 2/1/2025, 3:15:59 AM 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: 2/1/2025, 3:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.