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Foreclosure Auction Homes 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 $137,086.
In Gates, TN, how many homes are available?
There are currently 11 active home listings available in Gates.
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 $1,343,159.
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 town that offers a peaceful lifestyle amid scenic nature and a tight-knit community. Residents enjoy a small-town atmosphere, with essential amenities within reach and access to larger urban areas for more extensive services. The town's commitment to education and community events enriches the lives of its residents.

Current Market Conditions in Gates, TN

The real estate market in Gates, TN has seen a steady increase in activity over recent months. Buyers are attracted to the area's affordability compared to larger cities nearby. Properties in Gates are often sold quickly, reflecting strong demand and a fairly competitive market. As more individuals embrace remote working and seek smaller towns with charm, places like Gates are growing in popularity.

Investors are paying close attention to Gates due to its potential for future growth. As the town develops while maintaining its character, property values are expected to rise. Recent developments and improvements in local infrastructure also contribute to a positive outlook for real estate investments.

Home Value Estimator For Gates, TN

There are currently 851 real estate properties in Gates, TN, with a median automated valuation model (AVM) price of $106,346.00. 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 $137,086.00, with the most expensive house in Gates, TN, topping out at $1,343,159.00 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 Foreclosure Auction Homes


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