Gates County, NC Home Values & Market Trends
The median home price in Gates County, NC is $198,925.36. There were 122 home sales in Gates County, NC over the past 12 months. The median residential Gates County, NC home value for transactions over the previous year is $160,000. The number of current listings in Gates County, NC is 11, and the percentage of properties for sale is 11.00%. The county has 10 foreclosures, 2 bank owned properties, 5 headed for auction, and 11 properties for sale.
Gates County, NC Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Gates | $ 320,000 $ 143/sqft | Gatesville | $ 145,017 $ 84/sqft |
| Corapeake | $ 119,500 $ 77/sqft | Hobbsville | $ -- $ -- |
| Eure | $ 222,300 $ 122/sqft | Sunbury | $ -- $ -- |
Housing Market Summary for Gates County, NC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $246.4K | $195.7K | -20.61% |
| Median Sold Price | $190.7K | $195.7K | 2.57% |
| Homes For Sale | 14 | 13 | -7.14% |
| Homes Sold | 77 | 60 | -22.08% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Gates County, NC
Browse Homes in Gates County, NC
Gates County, NC home values range from $12,826 to $7,230,000. Gates is the priciest city with a median listing home price of $289,000, and Gatesville is most affordable with average house prices of around $155,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in Gates County, NC with Gates containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Gates County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $303,000 in Gates to the lowest home value of $250,000 in Gates.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Gates County, NC ranges from the highest value of $174,860 in Gates to the lowest value of $174,860 in Gatesville. Bank owned homes and properties account for 0.04% of properties in Gates County, NC. There are 6 cities within Gates County, NC; Gatesville containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsGates has 2 auction properties, the highest number of properties going to auction in a single city in the state of Gates County, NC. Auction homes and other auction properties account for 0.11% of all properties in Gates County, NC. There are 6 cities within Gates County, NC; of those cities, the median estimated home value for homes going to auction ranges from $162,000 in Eure to the lowest value of $106,113 in Eure.
Compare Nearby Cities
More Real Estate Resources for Gates County, NC
Guide for Gates County, NC
North Carolina Foreclosure Laws
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