Gates, OR Foreclosures
How much do homes sell for in Gates, OR?
The average home price is currently $438,471.
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 $1,144.
What is the most expensive home in Gates?
The most expensive home sold in Gates had a price of $1,536,597.
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 picturesque town located within easy reach of stunning natural landscapes, including the scenic Santiam River and the Cascade Mountains. This community is known for its friendly atmosphere, outdoor recreation opportunities, and a sense of tight-knit camaraderie among its residents. It's an ideal place for those seeking peace without sacrificing access to amenities.
Current Market Conditions in Gates, OR
The local real estate market in Gates, OR is currently experiencing a modest increase in home values, driven largely by a growing interest in rural living outside urban centers. Demand for properties remains strong, particularly among those looking for vacation homes and investment opportunities in the beautiful Willamette Valley.
Recent trends indicate more people are looking to relocate to areas like Gates due to remote working capabilities and a desire for more space and nature. As such, properties are moving quickly, and buyers are encouraged to act fast, especially for homes that find a balance of affordability and desirable features.
Home Value Estimator For Gates, OR
There are currently 418 real estate properties
in Gates, OR,
with a median automated valuation model (AVM) price
of $395,214.00. 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 $438,471.00, with the most expensive house
in Gates, OR, topping out
at $1,536,597.00 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 $1,144.00. 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.