48195 Home Values & Market Trends

There are 436 homes currently listed for 48195. 48195 real estate market trends show that home prices range from $55,900 to $425,000, and the median sales price in the 48195 zip code is $209,950. The total number of properties sold within the past twelve months is 333. In 48195, 15 properties are in foreclosure, 1 are bank owned properties,and 14 are headed for auction.

48195 Real Estate Market Overview

CityMedian Est. Value
Southgate

$ 209,950

$ 180/sqft

Housing Market Summary for 48195

Sep 2025September 2026Change
Median Listing Price$200K$205K2.50%
Median Sold Price$235.2K$166.8K-29.08%
Homes For Sale30842036.36%
Homes Sold20098-51.00%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 48195

The median list price of a home in Southgate, is $209,950. A total of 436 properties are for sale, and the percentage of properties for sale in the zip code is 436.00%. The total count of 48195 properties is 555.

Foreclosure
There is 1 cities within 48195; within this cities, the median estimated home value for homes in foreclosure ranges from $248,028 in southgate to the lowest value of $104,445 in southgate. Foreclosure homes account for 2.00% of properties in 48195 with southgate containing 15 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48195 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48195; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 48195 ranges from the highest value of $244,747 in southgate to the lowest value of $244,747 in southgate. Bank owned homes and properties account for 0.18% of properties in 48195. There is 1 cities within 48195; southgate containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    southgate has 14 auction properties, the highest number of properties going to auction in a single city in the state of 48195. Auction homes and other auction properties account for 2.52% of all properties in 48195. There is 1 cities within 48195; of that cities, the median estimated home value for homes going to auction ranges from $248,028 in southgate to the lowest value of $104,445 in southgate.
Homes for Sale
Homes and properties that are actively listed for sale account for 78.56% of residential properties in 48195 with southgate containing 436 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48195; homes for sale in that cities, have a range of median values from $487,106 in southgate to the lowest value of $60,543 in southgate.
    Sold Homes
    The median value for recently sold homes ranges from $397,451 in southgate to the lowest price of $65,495 in southgate. There is 1 cities within 48195. southgate has 89 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 16.04% of properties in 48195.

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      Guide for 48195

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.