South Gate, California Real Estate & Housing Market

South Gate, CA Listings

For Sale For Rent

Find real estate listings

Find rental listings

South Gate Housing Information

Index	South Gate	California	National
Median home price	$329,000	$409,300	$184,700
Median rent asked	$1,012	$1,297	$949
Avg. people per household	4.1	3.0	2.6
Owner occupied households	44.7%	54.1%	63.6%
Renter occupied households	55.3%	45.9%	36.4%

A general overview of the South Gate, CA real estate market is displayed above. The median home price for homes in South Gate, CA is $329,000, which is 20% lower than the California average. This means that real estate in the South Gate, CA area is generally more affordable than the rest of California. The median rent price in South Gate, CA is $1,012 which is 22% lower than the California average. In South Gate, CA, 44.7% of people are home owners and an average of 4.1 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in South Gate, CA. We make it easy to find South Gate, CA real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.

South Gate Home Affordability

Home affordability can be a very important factor when determining where to purchase real estate in South Gate, CA. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in South Gate, CA is $329,000 and the median household income is $45,522. This results in a home price to income ratio of 7.2x, which is 13% higher than the California average. The home affordability ratio is calculated by dividing the median home price by the median home income. A lower than average home price to income ratio means that homes in South Gate, CA are more affordable based on the median price of homes compared to home income. Of course, there are many other factors to consider when focusing on home affordability. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in South Gate, CA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Willowbrook, CA	22,035	$246,800	34%
Compton, CA	97,740	$264,300	43%
Florence-Graham, CA	63,390	$267,800	45%
East Rancho Dominguez, CA	15,887	$277,800	50%
Paramount, CA	54,941	$283,400	53%
South Gate, CA	95,219	$329,000	78%

Cities with similar population

City, State	Population	Home Price	National Avg.
New Bedford, MA	94,988	$204,100	11%
League City, TX	94,976	$202,000	9%
Dearborn, MI	95,520	$112,200	39%
Beaverton, OR	94,865	$303,500	64%
Livonia, MI	94,849	$162,000	12%
South Gate, CA	95,219	$329,000	78%

Source: The South Gate, CA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).