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Foreclosure Homes in Southgate, MI

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Southgate, MI Foreclosures

How much do homes sell for in Southgate, MI?
The average home price is currently $203,761.
In Southgate, MI, how many homes are available?
There are currently 93 active home listings available in Southgate.
What’s the average rental cost in Southgate, MI?
The average rental price in Southgate is $1,203.
What is the most expensive home in Southgate?
The most expensive home sold in Southgate had a price of $19,780,582.
What is currently the cheapest priced home in Southgate, MI?
The cheapest home for sale in Southgate is priced at $13,092.

Living in Southgate, MI

Southgate, MI, is a welcoming suburban community offering a blend of family-friendly amenities, easy access to transportation, and a strong sense of community. With well-rated schools and plenty of recreational options, it is an attractive area for families and individuals alike. The city's thriving local economy and diverse activities make it ideal for real estate investment.

Current Market Conditions in Southgate, MI

The real estate market in Southgate is experiencing steady growth, with a variety of housing options available at competitive prices. This trend is particularly appealing for investors looking to maximize their returns in a stable and growing market.

With ongoing developments and revitalization efforts in the area, Southgate has become an attractive location for new homeowners and investors, indicating a positive outlook for future property values and rental demand.

Home Value Estimator For Southgate, MI

There are currently 10,447 real estate properties in Southgate, MI, with a median automated valuation model (AVM) price of $191,002.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Southgate, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Southgate, MI, is $203,761.00, with the most expensive house in Southgate, MI, topping out at $19,780,582.00 and the cheapest home in Southgate, MI, clocking in at $13,092.00. In other words, there’s something for every potential homebuyer or savvy investor in Southgate, MI!

Rent Prices In Southgate, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Southgate, MI, is on a rollercoaster ride. The average rent price in Southgate, MI, is $1,203.00. Indeed, when looking to rent in Southgate, MI, you can expect to pay as little as $660.00 or as much as $2,520.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Southgate, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Southgate, MI Foreclosures


Market Trend for Southgate, MI

Total Listings Available: 93

Market Values:

Home Prices from $13,092 to $19,780,582

Average Sales Price: $203,761

Rental Values:

Rental from $660 to $2,520

Average Rent Value: $1,203 / month

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