Current Price

$182,272

1 Month Forecast

â–² $197,660

1-Year Forecast *

â–² $204,311

5-Year Forecast *

â–² $236,795

"Is it a good time to buy homes in Southgate?" "Does investing in real estate in Southgate (Michigan State, Wayne County) worth it?" According to our live Forecast System, buying a house in Southgate is a good short-term (1-year) investment*. The Southgate average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Southgate" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Southgate in Michigan State, Wayne County. If you are looking for homes for sale with good flipping profit, Southgate can be a profitable property investment option. The median price of an average house in Southgate was 182,272 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Southgate" area is 236,795 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +29.91% meaning that investing 100000 USD today may yield a profit of 29,913 USD by 2031.

Current Median Listing Price: 182,272 USD Median Listing Price Per Square Foot: 101 USD

Southgate Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Southgate (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Southgate Price Target

Southgate median home price target in 12 months: $204,311* (upside of 12.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $194,146 $196,418 $194,146 $196,418
2024 $175,158 $182,272 $175,158 $182,272
2023 $161,443 $174,362 $161,443 $174,362
2022 $152,703 $161,184 $152,703 $164,094
2021 $139,524 $151,141 $139,524 $152,857
2020 $125,101 $137,113 $125,101 $137,113
2019 $117,835 $124,650 $117,835 $124,650
2018 $110,376 $116,836 $110,376 $116,836
2017 $100,591 $109,629 $100,591 $109,629
2016 $90,253 $99,654 $90,253 $99,654
2015 $80,330 $89,233 $80,330 $89,233
2014 $75,101 $80,198 $75,101 $81,357
2013 $60,567 $74,622 $60,567 $74,622
2012 $56,549 $59,799 $56,549 $59,799

Questions & Answers about the Southgate Housing Market Forecast

How much does an average home cost in Southgate today?

The value of an average home (the listing price) in Southgate is $182,272 USD.

What is the average price per square foot in Southgate?

According to Walletinvestor the median price per square foot in Southgate is 101 USD.

Will the median listing price of homes in Southgate grow / rise / go up?

Yes. The Southgate home prices may rise from 182,272 USD to 204,311 USD in one year.

Is it profitable to invest in Southgate homes?

Yes. The long-term profit potential is +12.09% in one year.

Will Southgate house prices fall / drop?

No. See above.

What is the predicted price of a Southgate home in 2030?

The predicted home sales price of a Southgate home in 2030 in Southgate is 232,226 USD.

What is the predicted price of a Southgate home in 2035?

The predicted home sales price of a Southgate home in 2035 in Southgate is 282,477 USD.

Will real estate prices decrease in Southgate?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Southgate is the 2097. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Wayne, Southgate decreased, looking at the past 12 months.

According to Walletinvestor's Southgate real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.054% to 182,272 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 11.051% in 2021
  • 12.321% in 2022
  • 10.991% in 2023
  • 10.301% in 2024
  • 13.011% in 2025
  • 12.171% in 2026

Based on our Southgate real estate market research and report the predicted sales prices will increase by 213.123% in the next 10 years.

Over the last 12 months, the value of homes in Southgate fluctuated: increasing 2 times and decreasing 2 times.

Southgate (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Southgate Housing Market Forecast with Real Estate Prices for 2025
August 2025 197660 182243 213078
September 2025 198911 187970 209851
October 2025 200169 188559 211779
November 2025 201435 182097 220773
December 2025 201709 185371 218048
Southgate Housing Market Forecast with Real Estate Prices for 2026
January 2026 200917 183438 218397
February 2026 200129 181117 219141
March 2026 199962 180166 219759
April 2026 200482 183842 217122
May 2026 201750 185610 217890
June 2026 203026 190845 215208
July 2026 204311 189805 218817
August 2026 205603 190594 220612
September 2026 206904 188903 224905
October 2026 208213 192389 224037
November 2026 208723 197035 220412
December 2026 208081 194764 221398
Southgate Housing Market Forecast with Real Estate Prices for 2027
January 2027 207264 195657 218871
February 2027 206450 189522 223379
March 2027 205799 187483 224115
April 2027 205592 190584 220601
May 2027 205922 191919 219925
June 2027 207008 190240 223776
July 2027 208317 197693 218942
August 2027 209635 198525 220746
September 2027 210961 196405 225518
October 2027 212296 201681 222911
November 2027 213639 201248 226030
December 2027 214991 196071 233910
Southgate Housing Market Forecast with Real Estate Prices for 2028
January 2028 216148 202530 229765
February 2028 217258 199009 235508
March 2028 218504 202553 234455
April 2028 219810 200466 239153
May 2028 220813 206902 234724
June 2028 221635 203461 239809
July 2028 223037 203856 242218
August 2028 224448 211430 237466
September 2028 225868 208476 243260
October 2028 226754 211788 241720
November 2028 226937 209009 244865
December 2028 226638 204427 248848
Southgate Housing Market Forecast with Real Estate Prices for 2029
January 2029 226699 211510 241888
February 2029 227072 205273 248871
March 2029 227689 214483 240895
April 2029 228530 206134 250926
May 2029 229976 215717 244234
June 2029 231431 215231 247631
July 2029 232226 220615 243838
August 2029 232466 219448 245484
September 2029 232168 218470 245866
October 2029 232112 208901 255324
November 2029 232597 220269 244925
December 2029 234068 213470 254666
Southgate Housing Market Forecast with Real Estate Prices for 2030
January 2030 235549 219061 252038
February 2030 237039 223291 250788
March 2030 238539 218979 258099
April 2030 238863 224293 253434
May 2030 237926 221509 254343
June 2030 236992 217084 256899
July 2030 236795 213352 260237
August 2030 237410 214381 260439
September 2030 238912 224577 253246
October 2030 240423 225517 255329
November 2030 241944 218234 265655
December 2030 243475 221318 265631
Southgate Housing Market Forecast with Real Estate Prices for 2031
January 2031 245015 221003 269026
February 2031 246565 227086 266044
March 2031 247169 229373 264966
April 2031 246408 230146 262671
May 2031 245441 220897 269985
June 2031 244478 230298 258658
July 2031 243706 224210 263203
August 2031 243462 227637 259287
September 2031 243852 223125 264580
October 2031 245138 223566 266710
November 2031 246689 227200 266177
December 2031 248249 228389 268109
Southgate Housing Market Forecast with Real Estate Prices for 2032
January 2032 249820 235080 264559
February 2032 251400 230283 272518
March 2032 252991 228451 277531
April 2032 254591 239570 269612
May 2032 255961 241627 270295
June 2032 257276 238753 275800
July 2032 258752 238828 278676

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.