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Preforeclosure Homes in Gates, NC

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Living in Gates, NC

Gates, NC, is an inviting small town that combines natural beauty with community spirit. It offers a peaceful lifestyle along with decent local amenities. The area prides itself on its family-friendly atmosphere and dedication to education.

Current Market Conditions in Gates, NC

The real estate market in Gates, NC, is relatively stable, with a blend of historical homes and newer constructions. Recent trends indicate an uptick in interest from buyers looking for affordable housing options in a peaceful setting, contributing to slight price increases.

Investors are beginning to take notice, as the cost of living remains low while the demand for housing in rural and suburban areas grows. Gates is strategically positioned, making it appealing for those who work in neighboring towns yet prefer a quieter living environment.

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 $248,785.00, with the most expensive house in Gates, NC, topping out at $1,528,324.00 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 $1,070.00. 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 Preforeclosure Homes


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