Gates County, NC Housing

Gates, NC County is an ideal place to invest in housing. The median value of a house in Gates, NC County is $188,700 which is significantly lower than the US House Median Value of $338,100. Moreover, the 1 year house appreciation rate in Gates is 18.83%, which is higher than the 8.27% national average. Therefore, buying a house in Gates, NC County will give buyers a good return on their investment and make them feel more secure about their future.

The median home cost in Gates County is $188,700. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Gates County is up 19.6%.

Average Age of Homes

- The median age of Gates County real estate is 31 years old

The Rental Market in Gates County

- Renters make up 17.1% of the Gates County population
- 0.4% of houses and apartments in Gates County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Gates, North Carolina	United States
	4,816.0	139,647,020.0
	31	42
	$188,700	$338,100
	19.6%	16.6%
	61.4%	57.0%
	72.3%	101.1%
	$7.63	$10.98
	$1,119	$2,690
	68.9%	57.4%
	14.1%	11.2%
	17.0%	31.4%
Vacant Housing
	0.4%	1.9%
	0.5%	0.4%
	2.1%	0.7%
	2.1%	0.4%
	1.2%	3.6%
	7.8%	4.1%
Value of Owner-Occupied Housing
	5.4%	2.6%
	3.6%	2.4%
	4.4%	2.8%
	7.2%	3.9%
	6.2%	4.5%
	24.6%	11.3%
	20.0%	13.0%
	20.9%	20.1%
	3.6%	13.6%
	1.4%	8.3%
	1.3%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.4%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	18.5%	13.6%
	18.5%	13.6%
	25.9%	13.6%
	13.6%	13.2%
	10.5%	14.8%
	25.9%	13.6%
	5.3%	10.0%
	4.8%	4.7%
	9.0%	12.2%

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