Gates, TN Foreclosures
How much do homes sell for in Gates, TN?
The average home price is currently $137,581.
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 peaceful small town with a strong sense of community and a slower pace of life. It offers various amenities, quality schools, and access to beautiful outdoor activities. Ideal for families and retirees, Gates combines rural charm with convenient proximity to larger cities.
Current Market Conditions in Gates, TN
The real estate market in Gates, TN, has shown resilience in the past year, with a steady increase in home values and demand for properties in the area. Potential buyers are looking for affordable housing options in a serene environment, leading to a competitive market for homes, especially single-family residences.
Investments in the local infrastructure and amenities have encouraged growth, with new residents attracted to the area. Trends indicate that as urban areas become more congested, towns like Gates are increasingly favored for their affordability and quality of life.
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 $105,948.00. 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 $137,581.00, 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.
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