Southgate is seeing relatively few homes for sale, with only 5 properties in inventory and 4 new listings in March 2026. That limited supply is moving at a steady clip, as 4 homes went under contract and the median time on market dropped to 24 days. Compared with last month, inventory is up 25.0 percent, but it is unchanged from a year ago.
Prices are adjusting as activity shifts. The typical home value in Southgate is about $290,000, up 6.62 percent year over year and 12.84 percent over the past month, while the median list price recently moved down to $279,500, a 6.52 percent monthly decline. Homes are selling for slightly under asking, with an average sale-to-list ratio of about 0.976 and no recent sales closing above list price.
Timing has been mixed, with days on market falling more than 31 percent since last month but running roughly 9 percent longer than a year ago. Compared with the broader Fort Worth area, where typical values are around $337,250, Southgate offers relatively lower prices but has a seller’s market reading of 13 on the local gauge. With pending sales up 33.33 percent year over year and new listings down 50.0 percent, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands these conditions and can guide their decisions.
