The housing market in 90280 South Gate, CA is quite robust. The median value of a home in this area is $632,700, significantly higher than the national median value ($338,100). Additionally, the one-year rate of appreciation is 12.08%, much higher than the national average of 8.27%. This shows that South Gate is an attractive housing market for prospective buyers looking to buy and investors looking to invest.
The median home cost in South Gate (zip 90280) is $632,700. Home appreciation the last 10 years has been 119.9%. Home Appreciation in South Gate (zip 90280) is up 16.0%.
Average Age of Homes
- The median age of South Gate (zip 90280) real estate is 66 years old
The Rental Market in South Gate (zip 90280)
- Renters make up 51.1% of the South Gate (zip 90280) population
- 0.6% of houses and apartments in South Gate (zip 90280), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.