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Southgate, MI Real Estate & Property Data

Southgate Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Southgate, MI 48195. ATTOM’s Southgate real estate data is updated daily, and current market trends show that in Southgate, MI a total of 399 residential properties have sold over the past year. With a median home price of $199,900 in Southgate and a total of 3 foreclosures. Get detailed property data for Southgate, MI instantly. ATTOM is your one-stop-shop for the Southgate property reports and real estate data you need in Southgate, MI.

Southgate Real Estate Market Trends

Get property data for any address in Southgate, MI or the country:

Total Residential Properties 10,257

Total Commercial Properties 868

Avg. Home Age (Single Family Home) 67 Years

Avg. Square Feet (Single Family Home) 1,205

Total 2025 Residential Sales (year-to-date) 55

% of Homes Seriously Underwater (Q2 2025) 0.7%

Total 2024 Residential Sales 366

% of Equity Rich Homes (Q2 2025) 33.69%

Effective 2024 Property Tax 1.73%

Total Foreclosure Filings (year-to-date) 7

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Southgate, MI 48195 Real Estate Overview

There were 399 residential properties sold in the past year in Southgate, MI 48195. The median home value in Southgate, MI 48195 is $182,523. There are a total of 10,257 residential properties in the 48195.

Median Sales Price i

$199,900

(Feb 2025)

+5.2%

year-over-year

y-o-y

February '25 Feb '25 $199,900
January '25 Jan '25 $200,000
December '24 Dec '24 $195,000
November '24 Nov '24 $200,000
October '24 Oct '24 $207,000
September '24 Sep '24 $205,000
August '24 Aug '24 $205,000
July '24 Jul '24 $166,500
June '24 Jun '24 $200,000
May '24 May '24 $192,000
April '24 Apr '24 $193,250
March '24 Mar '24 $168,500

Median Down Payment i

$10,868

(Feb 2025)

+101.3%

year-over-year

y-o-y

February '25 Feb '25 $10,868
January '25 Jan '25 $7,517
December '24 Dec '24 $8,875
November '24 Nov '24 $8,320
October '24 Oct '24 $9,614
September '24 Sep '24 $7,000
August '24 Aug '24 $10,400
July '24 Jul '24 $8,020
June '24 Jun '24 $19,157
May '24 May '24 $9,500
April '24 Apr '24 $10,878
March '24 Mar '24 $6,562

Number of Homes Sold i

21

(Feb 2025)

+16.7%

year-over-year

y-o-y

February '25 Feb '25 21
January '25 Jan '25 34
December '24 Dec '24 32
November '24 Nov '24 32
October '24 Oct '24 43
September '24 Sep '24 33
August '24 Aug '24 44
July '24 Jul '24 37
June '24 Jun '24 30
May '24 May '24 32
April '24 Apr '24 27
March '24 Mar '24 16

Number of Purchase Loans i

15

(Feb 2025)

+15.4%

year-over-year

y-o-y

February '25 Feb '25 15
January '25 Jan '25 30
December '24 Dec '24 28
November '24 Nov '24 22
October '24 Oct '24 35
September '24 Sep '24 31
August '24 Aug '24 36
July '24 Jul '24 23
June '24 Jun '24 24
May '24 May '24 24
April '24 Apr '24 19
March '24 Mar '24 13

Number of REFI Loans i

38

(Feb 2025)

+65.2%

year-over-year

y-o-y

February '25 Feb '25 38
January '25 Jan '25 28
December '24 Dec '24 25
November '24 Nov '24 23
October '24 Oct '24 33
September '24 Sep '24 23
August '24 Aug '24 27
July '24 Jul '24 21
June '24 Jun '24 21
May '24 May '24 20
April '24 Apr '24 21
March '24 Mar '24 16

Number of HELOC Loans i

6

(Feb 2025)

-25%

year-over-year

y-o-y

February '25 Feb '25 6
January '25 Jan '25 5
December '24 Dec '24 8
November '24 Nov '24 9
October '24 Oct '24 12
September '24 Sep '24 7
August '24 Aug '24 9
July '24 Jul '24 15
June '24 Jun '24 10
May '24 May '24 11
April '24 Apr '24 11
March '24 Mar '24 3

Southgate, MI 48195 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
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3

Southgate, MI 48195 Foreclosure Activity

There were a total of 3 Southgate, MI 48195 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

3

(Feb 2025)

-25%

year-over-year

y-o-y

February '25 Feb '25 3
January '25 Jan '25 4
December '24 Dec '24 4
November '24 Nov '24 5
October '24 Oct '24 2
September '24 Sep '24 2
August '24 Aug '24 1
July '24 Jul '24 7
June '24 Jun '24 3
May '24 May '24 N/A
April '24 Apr '24 3
March '24 Mar '24 2

Foreclosure Starts i

3

(Feb 2025)

-25%

year-over-year

y-o-y

February '25 Feb '25 3
January '25 Jan '25 4
December '24 Dec '24 4
November '24 Nov '24 5
October '24 Oct '24 2
September '24 Sep '24 2
August '24 Aug '24 1
July '24 Jul '24 7
June '24 Jun '24 3
May '24 May '24 N/A
April '24 Apr '24 3
March '24 Mar '24 2

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 1
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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