Market Overview
Home Prices in Southgate, KY
The median home value in Southgate, KY is $225,855 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and up 6.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Southgate are priced45% below average. Southgate is part of the Cincinnati, OH-KY-IN metro area.
Over the past five years, Southgate home values have risen by approximately37.2%, reflecting strong long-term appreciation in this market.
Price History
Southgate Home Price Trend
City Comparison
Southgate vs. National Median
At $225,855, homes in Southgate cost 45% below the national median of $410,000. This makes Southgate a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Southgate?
20% Down Payment
$45,171
on $225,855
Monthly P&I
$1,178/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,496/mo
incl. taxes & insurance
Income Needed
$59,840
gross annual (30% rule)
10% Down Option
$22,586
+ PMI applies
Loan Amount (20% dn)
$180,684
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Southgate, KY?
The median home value in Southgate is $225,855 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Southgate?
Over the past year, home values in Southgate have increased by 1.9%. Over five years, prices have risen approximately 37.2%.
How much do I need to earn to buy a home in Southgate?
To comfortably afford the median home price of $225,855 with a 20% down payment ($45,171) at today's rates (6.8%), you'd need a gross annual income of approximately $59,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Southgate compare to the national average home price?
The national median home value is approximately $410,000. At $225,855, homes in Southgate are 45% below the national average.
What metro area is Southgate part of?
Southgate is part of the Cincinnati, OH-KY-IN metropolitan area. Home prices and market conditions can vary across the broader metro region.