What is the median home value in Southgate, FL?

The median value of owner-occupied homes in Southgate, FL is $422,000 (±$33,580), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Southgate, the median home value went from $256,200 in 2015–2019 to $422,000 in 2020–2024 (+64.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$422,000 (±$33,580)
Owner-occupied homes
1,987 (±215)
Most common range
$300,000 to $499,999

Home values in Southgate

Owner-occupied homes by value, 2020–2024
ValueSouthgateSarasota CountyFloridaUnited States
Less than $50,0002.0% (±1.9 points)3.1%4.9%5.3%
$50,000 to $99,9991.5% (±1.5 points)2.3%4.3%6.1%
$100,000 to $149,9990.8% (±1.0 points)2.3%4.6%6.8%
$150,000 to $199,9993.1% (±2.7 points)4.5%6.8%9.0%
$200,000 to $299,99913.4% (±3.8 points)15.2%17.9%17.8%
$300,000 to $499,99945.0% (±7.1 points)36.3%34.5%26.9%
$500,000 to $999,99932.7% (±5.9 points)26.8%21.1%20.9%
$1,000,000 or more1.5% (±1.7 points)9.6%5.9%7.1%

The most common range is $300,000 to $499,999, 45.0% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Southgate against Sarasota County, its state and the nation

Estimate (90% margin of error)
SouthgateSarasota CountyFloridaUnited States
Median home value$422,000 (±$33,580)$411,800 (±$4,642)$359,000 (±$930)$332,700
Owner-occupied homes1,987 (±215)162,776 (±1,864)5,918,647 (±31,594)84,210,142

In Southgate, the median home value is not measurably different from Sarasota County ($411,800).

It is also higher than in Florida ($359,000).

It is higher than the national figure ($332,700).

In Sarasota County, Southgate ranks 10 of 28 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 244 of 838.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Southgate have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$256,200 (±$14,744)$422,000 (±$33,580)+64.7%Up after inflation
Median owner cost with a mortgage$1,438 (±$94)$1,870 (±$110)+30.0%No measurable change after inflation
Median real estate taxes$1,629 (±$111)$2,637 (±$175)+61.9%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Southgate

Nearest places with a published estimate, compared with Southgate
PlaceDistanceMedian home valueCompared with this place
Southgate—$422,000 (±$33,580)—
Ridge Wood Heights1.3 mi$370,700 (±$21,209)Lower
South Gate Ridge1.7 mi$444,800 (±$80,742)Not measurably different
South Sarasota1.8 mi$780,200 (±$99,789)Higher
Sarasota Springs2.3 mi$349,100 (±$12,380)Lower
Bee Ridge2.8 mi$412,400 (±$26,064)Not measurably different
Sarasota3.0 mi$463,000 (±$29,277)Not measurably different
Siesta Key3.1 mi$985,800 (±$79,379)Higher
Gulf Gate3.3 mi$357,500 (±$25,497)Lower

Nearby places with a measurably lower figure: Ridge Wood Heights, FL ($370,700), Sarasota Springs, FL ($349,100), Gulf Gate, FL ($357,500).

Nearby places with a measurably higher figure: South Sarasota, FL ($780,200), Siesta Key, FL ($985,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Sarasota County, place by place

RankPlaceMedian home value
4Old Miakka$726,100 (±$99,380)
5Palmer Ranch$592,900 (±$33,775)
6Laurel$478,900 (±$31,236)
7Sarasota$463,000 (±$29,277)
8South Gate Ridge$444,800 (±$80,742)
9Venice$434,700 (±$22,175)
10Southgate$422,000 (±$33,580)
11Plantation (community)$417,700 (±$16,782)
12Fruitville$412,500 (±$22,925)
13Bee Ridge$412,400 (±$26,064)
14The Meadows$382,400 (±$31,518)
15Lake Sarasota$381,000 (±$41,050)
16Ridge Wood Heights$370,700 (±$21,209)

Showing 13 of 28 places in Sarasota County, ranked from highest to lowest.

Southgate is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Southgate

What is the average home value in Southgate, FL?

The Census Bureau publishes the median: $422,000 (±$33,580) for owner-occupied homes in Southgate (2020–2024 American Community Survey).

Have home values in Southgate gone up?

In Southgate, the median home value went from $256,200 in 2015–2019 to $422,000 in 2020–2024 (+64.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Southgate sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Southgate CDP, Florida (place:67425, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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