House Prices

House Prices & Home Values Gates, NC 2026


Average Data

average house price$545,967
average size per house3416 ft²
average price per ft²160 $ / ft²

05/27/2026 - The value range (VR) for house prices in Gates, NC is $160/ sqft to $160/ sqft. An average home with 3416 sqft costs approximately $546,560 to $546,560. Gates, NC includes 1 ZIP codes and it is located in Gates county. The lowest prices are found in ZIP 27937, while the highest are in ZIP 27937. The average price per sqare feet is $160. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Gates

27937162 $ / ft²




Historical development of home values in Gates

Year Estimated value (USD) Change vs. 2025
2010 $253,557 -53.6%
2011 $243,752 -55.4%
2012 $243,096 -55.5%
2013 $252,182 -53.8%
2014 $264,721 -51.5%
2015 $278,308 -49.0%
2016 $292,832 -46.4%
2017 $308,637 -43.5%
2018 $325,700 -40.3%
2019 $340,803 -37.6%
2020 $358,420 -34.4%
2021 $407,665 -25.3%
2022 $475,245 -13.0%
2023 $501,168 -8.2%
2024 $530,162 -2.9%
2025 $545,967 0.0%

Graph: estimated home values in Gates over time (USD)



Example: 100% financing house in Gates

Loan amount: $545,967

Interest rate: 6.00%

Fixed monthly payment: $3,273.35

Breakdown in the 1st month:
Interest portion: $2,729.84  –  Principal portion: $543.51

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $32,575.64 $6,704.54 $539,262.46
2 $32,162.12 $7,118.06 $532,144.40
3 $31,723.09 $7,557.09 $524,587.31
4 $31,256.99 $8,023.19 $516,564.12
5 $30,762.13 $8,518.04 $508,046.08
6 $30,236.76 $9,043.42 $499,002.66
7 $29,678.98 $9,601.20 $489,401.47
8 $29,086.80 $10,193.38 $479,208.09
9 $28,458.09 $10,822.08 $468,386.01
10 $27,790.61 $11,489.56 $456,896.44
11 $27,081.96 $12,198.22 $444,698.23
12 $26,329.60 $12,950.58 $431,747.65
13 $25,530.84 $13,749.34 $417,998.31
14 $24,682.81 $14,597.37 $403,400.95
15 $23,782.48 $15,497.70 $387,903.24
16 $22,826.61 $16,453.57 $371,449.68
17 $21,811.79 $17,468.39 $353,981.29
18 $20,734.38 $18,545.80 $335,435.50
19 $19,590.52 $19,689.66 $315,745.84
20 $18,376.10 $20,904.08 $294,841.76
21 $17,086.78 $22,193.39 $272,648.37
22 $15,717.94 $23,562.23 $249,086.13
23 $14,264.68 $25,015.50 $224,070.63
24 $12,721.77 $26,558.40 $197,512.23
25 $11,083.71 $28,196.47 $169,315.76
26 $9,344.61 $29,935.56 $139,380.20
27 $7,498.25 $31,781.92 $107,598.28
28 $5,538.01 $33,742.16 $73,856.11
29 $3,456.87 $35,823.31 $38,032.81
30 $1,247.37 $38,032.81 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Gates, NC


1500 sqft3900 sqft
Ø selling price$290,400$617,760
Ø fast selling$264,000$555,985
Ø high price sale$316,800$679,536

In 2026, houses in Gates, NC will be offered at an average price of $160 per square foot. A 1,500 sqft home priced at $290,400 is 23.16% more expensive per square foot than a 3,900 sqft home priced at $617,760. Home prices in Gates, NC vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $427,681. Sellers who can wait longer may achieve a higher price of up to $522,721.


Discover Gates, NC

Overview

Located in northeastern North Carolina near the Virginia border, Gates, NC is a small rural community in Gates County known for its friendly, close?knit atmosphere. Travelers and homebuyers appreciate the area?s scenic farmland, pine forests, and easy access to regional hubs.


Location & Access

Gates offers convenient access to Suffolk, Virginia and northeastern North Carolina destinations via regional corridors like US 13 and US 158. Its strategic location makes commuting, weekend getaways, and logistics straightforward for residents and businesses.


Nature & Things to Do

Outdoor lovers are drawn to nearby Merchants Millpond State Park, where cypress-lined waters invite kayaking, canoeing, fishing, and wildlife viewing. Birders also enjoy the broader Albemarle Sound ecosystem and the edges of the Great Dismal Swamp, with seasonal sightings and tranquil trails.


Community & Economy

The local economy centers on agriculture, forestry, and small businesses, reflecting a proud rural heritage and practical cost of living. Community life revolves around schools, churches, and seasonal festivals, creating neighborly connections that newcomers often find refreshing.


Real Estate & Quality of Life

Real estate in Gates, North Carolina ranges from country homes to larger acreages, appealing to buyers seeking space, privacy, and value. With shopping, healthcare, and employers in adjacent cities, residents enjoy a peaceful base in Gates with amenities a short drive away.



FAQ – Home Values in Gates

What is the median home value in Gates in 2026?

In 2026, the typical home value in Gates is about $545,967 for an average home size of 3416 square feet. This corresponds to an average price of roughly $160 per square foot.

What is the average cost per square foot in Gates?

In 2026, homes in Gates sell for an average of around $160 per square foot, with a typical range between $160 and $160 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Gates is about 3416 square feet, with an estimated 2026 value around $545,967.



Locations close to Gates, NC

Gatesville, NC210 $ / ft²
Grandy, NC184 $ / ft²
Harbinger, NC204 $ / ft²
Frisco, NC207 $ / ft²
Eure, NC199 $ / ft²
Edenton, NC212 $ / ft²
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