#2
16 listings
$336,150 median
286 days on market
Buyer's Market
Gates, NC has a population of roughly 3,050 with a median household income of $57,500. As of February 2026, there are 16 active listings with a median price of $336,150. Inventory has grown 700% year-over-year (from 2 to 16 listings), while homes are taking 3077.8% longer to sell (now 286 days vs. 9 days a year ago). These conditions create a favorable environment for buyers — more homes to choose from and less competition, giving negotiating power on price and terms. The median listing price has risen 5% compared to last year (from $320,000 to $336,150).
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