Gates, OR Foreclosures
How much do homes sell for in Gates, OR?
The average home price is currently $425,894.
In Gates, OR, how many homes are available?
There are currently 1 active home listings available in Gates.
What’s the average rental cost in Gates, OR?
The average rental price in Gates is $1,146.
What is the most expensive home in Gates?
The most expensive home sold in Gates had a price of $1,488,053.
What is currently the cheapest priced home in Gates, OR?
The cheapest home for sale in Gates is priced at $23,987.
Living in Gates, OR
Gates, Oregon is a quaint small town located in the heart of nature, surrounded by stunning mountainous landscapes. It offers a peaceful lifestyle and a close-knit community environment, perfect for families and outdoor enthusiasts alike. With easy access to outdoor activities and nearby towns, Gates combines rural living with convenient connectivity.
Current Market Conditions in Gates, OR
The real estate market in Gates, OR, has seen steady growth over the past year, attracting buyers looking for homes in scenic, tranquil areas. With inventory levels remaining relatively low, homes tend to sell quickly, often leading to competitive bidding. The increase in remote work opportunities has also contributed to higher demand for homes in quieter locations away from urban settings.
As more people discover the charm and natural beauty of Gates, the demand for real estate has notably increased. This trend is expected to sustain as both urban-dwellers and out-of-state buyers seek properties that offer a balance of nature and accessibility.
Home Value Estimator For Gates, OR
There are currently 388 real estate properties
in Gates, OR,
with a median automated valuation model (AVM) price
of $392,754.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gates, OR, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Gates, OR,
is $425,894.00, with the most expensive house
in Gates, OR, topping out
at $1,488,053.00 and the cheapest home
in Gates, OR,
clocking in at $23,987.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gates, OR!
Rent Prices
In Gates, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gates, OR, is on
a rollercoaster ride. The
average rent price in Gates, OR,
is $1,146.00. Indeed, when looking to rent in
Gates, OR, you can expect to pay as little
as $660.00 or as much
as $1,850.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Gates, OR
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
