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Foreclosures in Gates, NC 27937

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Gates, NC Foreclosures

How much do homes sell for in Gates, NC?
The average home price is currently $256,256.
In Gates, NC, how many homes are available?
There are currently 17 active home listings available in Gates.
What’s the average rental cost in Gates, NC?
The average rental price in Gates is $1,070.
What is the most expensive home in Gates?
The most expensive home sold in Gates had a price of $1,451,618.
What is currently the cheapest priced home in Gates, NC?
The cheapest home for sale in Gates is priced at $19,247.

Living in Gates, NC

Gates, NC is a peaceful rural community known for its scenic beauty and strong sense of community. Surrounded by nature, it offers various outdoor activities and community events, which contribute to a close-knit living experience. Families and retirees enjoy the small-town charm while having access to necessary amenities and quality education.

Current Market Conditions in Gates, NC

The real estate market in Gates, NC is characterized by affordable housing options, making it an attractive area for first-time home buyers and investors. Recent trends show a steady increase in home values, with demand for properties continuing to grow as more people seek a peaceful retreat from urban life.

In the past year, the market has seen a slight rise in home sales due to increased interest from families looking for more spacious living environments. Additionally, properties that feature larger lots or access to outdoor spaces have become increasingly sought after.

Home Value Estimator For Gates, NC

There are currently 1,475 real estate properties in Gates, NC, with a median automated valuation model (AVM) price of $247,000.00. 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, NC, 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, NC, is $256,256.00, with the most expensive house in Gates, NC, topping out at $1,451,618.00 and the cheapest home in Gates, NC, clocking in at $19,247.00. In other words, there’s something for every potential homebuyer or savvy investor in Gates, NC!

Rent Prices In Gates, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gates, NC, is on a rollercoaster ride. The average rent price in Gates, NC, is $1,070.00. Indeed, when looking to rent in Gates, NC, you can expect to pay as little as $550.00 or as much as $2,260.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Gates, NC -- 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.

Gates, NC 27937 Foreclosures


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