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Southgate, FL

Full City Profile · Florida · Sarasota County County

3.5 /5.0
B+ Good
6,054 Population 3,604/sq mi density
$77,616 Median Income $45,577 per capita
$374,800 Home Value $408,978 Zillow
$1,586 Median Rent 39.5% income on rent
74°F Avg Temperature 330 sunny days/yr
666 Violent Crime/100K 4,731 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$77,616 median income, 2.1% unemployment
B+
Affordability
4.0 / 5.0
$374,800 home value, $1,586/mo rent
F
Safety
1.0 / 5.0
666 violent crimes/100K (75% above avg)
A
Education
4.4 / 5.0
42.9% bachelor's degree or higher

Housing Overview

Median Home Value
$374,800
33% above
US avg: $281,900
Median Rent
$1,586/mo
36% above
US avg: $1,163/mo
Homeownership Rate
73.1%
12% above US avg (65.4%)
Total Housing Units
3,053
Median year built: 1964

Home Value by Source

Census Median
$374,800
Zillow (ZHVI)
$408,978
Median Sale Price
$485,000
Median List Price
$585,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.1%
Owner-Occupied
26.9%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,586/mo

Market Indicators (Redfin)

Median Days on Market
28 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
24.4%
of listings with price reduction
Price Per Sq Ft
$319
Active Inventory
45
homes for sale

Affordability & Housing Stock

Rent Burden
39.5%
of renters spending 30%+ of income on housing
27% above US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
73.1%

Complete Housing Data

Home Values

Census Median Value$374,800
Zillow Home Value (ZHVI)$408,978
Median Sale Price$485,000
Median List Price$585,000
Price Per Sq Ft$319

Rent

Census Median Rent$1,586
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market28
Sale-to-List Ratio1.0%
Price Drops24.4%
Homes Sold11
Active Inventory45
Price Per Sq Ft$319

Ownership & Stock

Owner-Occupied73.1%
Renter-Occupied26.9%
Homeownership Rate73.1%
Total Housing Units3,053
Median Year Built1964
Rent Burden39.5%