Old Homestead
Closed-sale statistics for Old Homestead, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $230,000
- Median days on market
- 8
- List-to-sale ratio
- 100.0%
24 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $230,000, in Southgate Community School District at 58.43 homestead mills, the year-two bill is approximately $6,719 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Old Homestead compares in Southgate
Of the 20 Southgate subdivisions and condo projects we publish statistics for, Old Homestead's $230,000 median ranks 4 of 20 — 15% above the tracked-Southgate median of $200,000.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Woodland Ridge | $359,990 | 19 | $10,517 |
| Gateway Manor | $300,000 | 9 | $8,764 |
| Southgate Estates | $245,500 | 6 | $7,172 |
| Old Homestead | $230,000 | 24 | $6,719 |
| Dix Eureka Park | $230,000 | 17 | $6,719 |
| Westbury | $226,000 | 11 | $6,602 |
| Old Homestead Resub 1 | $215,000 | 8 | $6,281 |
| Leemon & Rosenhaus | $214,500 | 10 | $6,266 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
For sale in Old Homestead right now
$229,900
12748 ARGYLE Street · Southgate
3 bd · 2 ba · 1,394 sqft
Listing courtesy of JBlake Realty LLC
$274,900
13219 Argyle Street · Southgate
3 bd · 2 ba · 2,643 sqft
Listing courtesy of Island Realty - KW Advantage
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-09-22T08:54-04:00; refreshed at least twice daily.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
Get my numbers for an address Affordability calculator
Common questions
What is the median home price in Old Homestead?
The median closed sale price in Old Homestead (Southgate) is $230,000, from 24 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Old Homestead?
At the median price, taxable value uncaps to roughly $115,000 and the year-two bill in Southgate Community School District is approximately $6,719 at homestead rates.
How does Old Homestead compare with other Southgate subdivisions?
Its $230,000 median ranks 4 of 20 Southgate projects we track — 15% above the tracked-city median of $200,000.
More context: Southgate property tax rates · school district breakdowns · all calculators