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Condo Foreclosures in Gates, TN

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Gates, TN Foreclosures

How much do homes sell for in Gates, TN?
The average home price is currently $142,661.
What’s the average rental cost in Gates, TN?
The average rental price in Gates is $869.
What is the most expensive home in Gates?
The most expensive home sold in Gates had a price of $1,315,260.
What is currently the cheapest priced home in Gates, TN?
The cheapest home for sale in Gates is priced at $4,074.

Living in Gates, TN

Gates, TN, is a quaint rural community offering a peaceful lifestyle amid beautiful landscapes. It features a friendly environment and several local amenities, making it perfect for families seeking a slower pace of life. The area is well-connected with nearby towns and fosters a strong sense of community.

Current Market Conditions in Gates, TN

The Gates real estate market is relatively stable, characterized by affordable housing options and a limited supply of homes on the market. Demand remains consistent among individuals and families looking for spacious properties with land to accommodate farming or gardening interests. The area sees a fair number of first-time homebuyers due to competitive pricing and a friendly community atmosphere.

As more people seek rural living, interest in housing in Gates has been rising, which is contributing to a gradual increase in property values. Houses tend to remain on the market for a shorter time than they did previously, indicating a healthy absorption rate.

Home Value Estimator For Gates, TN

There are currently 928 real estate properties in Gates, TN, with a median automated valuation model (AVM) price of $110,600.00. 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, TN, 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, TN, is $142,661.00, with the most expensive house in Gates, TN, topping out at $1,315,260.00 and the cheapest home in Gates, TN, clocking in at $4,074.00. In other words, there’s something for every potential homebuyer or savvy investor in Gates, TN!

Rent Prices In Gates, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gates, TN, is on a rollercoaster ride. The average rent price in Gates, TN, is $869.00. Indeed, when looking to rent in Gates, TN, you can expect to pay as little as $510.00 or as much as $2,640.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Gates, TN -- 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, TN Condos


Market Trend for Gates, TN

Total Listings Available: 0

Market Values:

Home Prices from $4,074 to $1,315,260

Average Sales Price: $142,661

Rental Values:

Rental from $510 to $2,640

Average Rent Value: $869 / month

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