Momentum Housing Data · Home Values · Sarasota County

SOUTH GATE Home Values: What Homes Actually Sell For

SOUTH GATE (SARASOTA, FL): 82 recorded closings in the 12 months ending 2026-08-02, a 14-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.

Median sold price
$543,000
+3.7% vs prior year · window ending 2026-08-02
Median $/sqft
$305
82 recorded closings
Median days to sell
32
from list to contract-to-close record

In the current window, sellers accepted a median 93.2% of original asking; the median sale took 32 days (window ending 2026-08-02).

The 14-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$543,000$3053293.2%82
2025$523,500$3025591.1%53
2024$595,000$3362794.0%73
2023$540,000$3281796.0%39
2022$490,000$3046100.0%109
2021$410,000$2304100.0%12
2019$288,500$1855991.7%15
2018$311,500$1684094.3%35
2017$263,000$1693795.5%79
2016$259,900$1642896.0%99
2015$228,875$1313994.5%82
2014$213,800$1252895.1%77
2013$178,000$1112295.5%86
2012$152,900$992692.6%69

Over the recorded series, SOUTH GATE’s median sold price moved from $152,900 (2012) to $543,000 (12 months ending 2026-08-02) — +255% over that span, with every year’s figure from recorded closings, not a model.

The last decade in SOUTH GATE, briefly

The recorded series starts in 2012 at $152,900. The 2020–22 run-up did what it did everywhere — SOUTH GATE’s median moved +70% from 2019 to 2022. Against the 2024 peak of $595,000, the current median stands at -9%. Annual sales volume here has ranged from 2 to 109 closings a year (10-yr average 49.9).

What actually trades here: 100% single-family residence, 0% ?, with a median of 1,648 sq ft and a median price per square foot of $305 in the current window.

Where SOUTH GATE sales actually landed, 2024–2026

Of the 180 recorded SOUTH GATE closings since 2024, half landed between $430,000 and $650,000 (the middle two quartiles); the lowest recorded sale was $282,000 and the highest $2,677,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.

Sold price bandShare of closingsSales
Under $375,000
12 (7%)
$375,000 – $516,667
68 (38%)
$516,667 – $658,333
56 (31%)
$658,333 – $800,000
27 (15%)
None and up
17 (9%)

What homes of your size have sold for in SOUTH GATE

The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($334 vs $296) — the usual pattern, since lot, kitchen and baths do not scale with floor area.

Size groupMedian $/sqftMedian soldSold rangeSales
Smaller homes
1,120–1,494 sq ft
$334$442,500$282,000 – $750,00060
Mid-size homes
1,501–1,829 sq ft
$320$528,750$315,000 – $1,050,00060
Larger homes
1,832–4,615 sq ft
$296$662,500$390,000 – $2,677,00060

At SOUTH GATE’s $543,000 median and Sarasota County’s adopted 13.48 mills (FY2025-26), a home assessed at that price carries roughly $7,320 a year in property tax before exemptions, or about $6,790 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Sarasota County tax page.

Selling in SOUTH GATE right now: what the record says

Since 2002, 1182 SOUTH GATE listings were withdrawn, canceled, or expired without selling (29 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 49% of SOUTH GATE listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 37%. Momentum’s market-heat index for SOUTH GATE reads 37/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 33% of recorded SOUTH GATE sales in the window ending 2026-06 (29 of 87) — a fact worth knowing before assuming every buyer needs an appraisal to close. The table above is the closed-sale record to price a SOUTH GATE home against; asking prices are an opening position, recorded closings are the value.

What would YOUR SOUTH GATE home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

By submitting, you agree Momentum Realty may contact you by phone, text, or email about your inquiry. Consent is not a condition of any purchase. Message/data rates may apply. Reply STOP to opt out. See our disclosures.

How SOUTH GATE compares with its neighbors

Communities buyers shopping SOUTH GATE are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
SOUTHFIELD$542,500$25296
EMERALD GARDENS$525,000$258417
ASHTON POINTE$565,000$2661033
GULF GATE WOODS$520,000$282917

Assigned public schools

SchoolLevelFLDOE grade
Sarasota County Public Schools (verify by address)Public—
Confirm zoned elementary, middle, and highBy address—
Magnet and choice options may applyChoice—

Assignments and grades as recorded/published; both change — verify current zoning with the district before relying on it. Grades are the state’s official FLDOE ratings, reported as published.

More SOUTH GATE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures