Southgate
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $395,000, $221 per square foot, a median 186 days on market, sellers accepting 80% of original asking (+24% versus the prior year). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,160 ($5,540 with the full homestead exemption).
Southgate right now
🟢 Still climbing. The trailing-12-month median ($395K) is up 23.5% from the prior 12 months ($320K) and up 293% since 2012. With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending September 12. Confidence: Low (4 and 4 sales in the two windows).
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· Updated September 14, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside Southgate right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Southgate market snapshot (as of September 12, 2026): the median sale price is about $395K ($221 per sq ft over the trailing 12 months of closed sales), and a median 186 days on market for closed sales. The trailing-12-month median is up 24% from the prior 12 months and up 293% since 2012, computed from record-level Space Coast MLS closed sales (4 closings in the current window).
In ZIP 32901 (Melbourne), 200 homes closed in the last 12 months at a median of $290K ($202/sq ft), down 7.1% year over year, with a median 56 days on market. Right now 10 active and 6 pending listings put supply at about 2.8 months — a buyer's market. See the live ZIP 32901 housing market and the Brevard County market.
Space Coast MLS sales records identify 71 homes in Southgate that have changed hands since 2005, built between 1964 and 1995 (median 1974), with a median living area of about 1,728 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($395K) IS the median in the snapshot above, and the move from 2025 ($320K) IS the +23.5% one-year change.
Windows contain 1 to 10 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period 2004 through 2026. Deemed reliable but not guaranteed.
22% of homes for sale in ZIP 32901 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-08).
The Southgate buying strategy.
If we were buying in Southgate today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Southgate.
A closer look at the Southgate market
At a median of $221 per square foot, Southgate prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
The trailing-12-month median up 24% year over year. Homes that do trade take a median 186 days on market, useful leverage on any listing that has lingered.
The location and the amenities are priced into every listing in Southgate. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Southgate buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.7). Basis: Long-Term Appreciation +293% since 2012; Recent Direction +23.5% year-over-year; Pricing Power 80.2% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Southgate buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Southgate sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Southgate, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Southgate home worth?
Get a no-obligation home value based on real comparable sales in Southgate, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Southgate?
How long do homes in Southgate take to sell?
Have Southgate home prices gone up?
Who is the best real estate agent for Southgate?
How do I find a top Melbourne real estate agent who knows Southgate?
Can Momentum Realty connect me with an agent for Southgate?
Data sources & freshness
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2004 (127 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Southgate fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Southgate with Momentum Realty’s local guides.