Comprehensive market data and analysis• Updated Dec 2025
4.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 4 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | 1 | 2 | 2 | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 2 | 6 |
Acreage buckets
The median price for land in Gates, North Carolina is currently $6K per acre. For a typical parcel, the median sale price is $95K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $72K while premium lots reached $148K.
Gates, North Carolina is currently a seller's market with 4.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Gates, North Carolina currently has 4.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Gates, North Carolina saw 6 properties sold, totaling $630K in sales volume. In just the last 3 months, 2 properties changed hands.
The current absorption rate in Gates, North Carolina is 22.2% (3-month basis), indicating strong demand. The top-performing broker in this market is A Better Way Realty, Inc..
Land in Gates, North Carolina averages $6K per acre. The median price per acre is $6K, which may be more representative of typical transactions. Most parcels sold are around 12.4 acres.
The 3-month absorption rate in Gates, North Carolina is 22.2%. The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.