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Preforeclosure Homes in Gates, NC

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Gates, NC Foreclosures

How much do homes sell for in Gates, NC?
The average home price is currently $248,079.
In Gates, NC, how many homes are available?
There are currently 10 active home listings available in Gates.
What’s the average rental cost in Gates, NC?
The average rental price in Gates is $1,069.
What is the most expensive home in Gates?
The most expensive home sold in Gates had a price of $1,468,721.
What is currently the cheapest priced home in Gates, NC?
The cheapest home for sale in Gates is priced at $24,417.

Living in Gates, NC

Gates, NC is a serene and picturesque town known for its peaceful rural lifestyle. It offers a close-knit community vibe with ample outdoor recreational activities. Residents enjoy a tranquil environment with basic amenities while being connected to the beautiful nature surrounding them.

Current Market Conditions in Gates, NC

The real estate market in Gates is relatively stable, characterized by affordability compared to larger nearby cities. The area attracts buyers looking for more space and less congestion, leading to steady demand for homes, particularly family-oriented properties. Investors are increasingly recognizing the potential in this quiet town as telecommuting becomes more common, allowing more people to live in rural settings.

Currently, there is a mix of residential properties, with a good number of single-family homes and some land available for new builds. The average home price remains lower than national averages, making it an attractive option for first-time homebuyers and retirees seeking peace and quiet.

Home Value Estimator For Gates, NC

There are currently 1,326 real estate properties in Gates, NC, with a median automated valuation model (AVM) price of $240,000.00. 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 $248,079.00, with the most expensive house in Gates, NC, topping out at $1,468,721.00 and the cheapest home in Gates, NC, clocking in at $24,417.00. 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 $1,069.00. 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 Preforeclosure Homes


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