Comprehensive market data and analysis• Updated Dec 2025
18.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Southgate, Michigan is currently $177K per acre. For a typical parcel, the median sale price is $115K. Recently, the cheapest land sold for $115K while premium lots reached $115K.
Southgate, Michigan is currently a strong buyer's market with 18.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Southgate, Michigan currently has 18.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Southgate, Michigan is 5.6% (3-month basis), indicating slow demand. The top-performing broker in this market is LPT Realty, LLC.
There are currently 6 active listings in Southgate, Michigan. 4 new listings have hit the market in the last 90 days. The median asking price is $80K.
Land in Southgate, Michigan averages $177K per acre. The median price per acre is $177K, which may be more representative of typical transactions. Most parcels sold are around 28,314 sq ft.
The 3-month absorption rate in Southgate, Michigan is 5.6%. The 12-month rate is 1.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
