#100518845, Listing office: Iron Valley Real Estate Elizabeth City
Gates County Housing Market Report June 2025•Gates County, North Carolina
Housing Prices in Gates County, NC
How much do homes in Gates County, NC cost?
Housing Market Conditions
Is Gates County, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Gates County is a Neutral Market
Difference Since June 2024
At the same time last year, Gates County was a Seller's Market.
Gates County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Gates County have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Gates County was $275,000 in June 2025, up 10.5% from last year, and the median price per square foot was $162.
Median Sold Price By Counties
City | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
Perquimans County | $280K | $369.5K | +32.0% |
Gates County | $248.8K | $275K | +10.5% |
Chowan County | $270K | $285K | +5.6% |
Pasquotank County | $300K | $300.5K | 0.2% |
Hertford County | $194K | $144.5K | -25.5% |
Median Sold Price By Bedrooms
Beds | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $127K | - | N/A |
22 Bedrooms | $72K | $120K | +66.7% |
33 Bedrooms | $275K | $275K | 0.0% |
44 Bedrooms | $289K | $323K | +11.8% |
55+ Bedrooms | $150K | - | N/A |
Summary: Gates County housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +66.7%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +11.8%. The home price for 5 bedroom homes did not change.
How does Gates County, NC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Gates County, NC
Housing supply in Gates County, NC
How many homes are available in Gates County, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
34Last MonthJun 2025 | ||
352 months agoMay 2025 | -2.9 % Change MoMMay – Jun |
Summary: The Gates County real estate market had 34 homes for sale in Jun 2025, a 2.9 % decrease compared to May 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthJun 2025 | ||
92 months agoMay 2025 | -44.4 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
Beds | May 2025 | Jun 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 3 | 2 | -33.3% |
33 Bedrooms | 23 | 21 | -8.7% |
44 Bedrooms | 7 | 10 | +42.9% |
55+ Bedrooms | 2 | 1 | -50.0% |
Summary: Gates County housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes decreased by -8.7%. The inventory for 4 bedroom homes increased by +42.9%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Gates County, NC cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price1 Home
If you're buying a home in Gates County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Gates County in June 2025, down by 44.4% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and and 25% were sold over asking.
Days on Market for Gates County, NC
How long does it take to sell a home in Gates County, NC?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Many homes in Gates County are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 5 homes were sold in Gates County; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
28 DaysThis YearJun 2025 | ||
20 Days1 year agoJun 2024 | +41.6 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in Gates County had an average listing age of 28 days in Jun 2025, up by 41.6% compared to the previous year.
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Newest Listings in Gates County, NC
What homes are available in Gates County, NC?
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MLS Disclaimers and Copyright
Based on information from Hive MLS, Real Estate Information Network, and Outer Banks MLS for the period 07/01/2023 - 07/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 11:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The listings data displayed on this medium comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.
This application does not include information on all of the properties available for sale at this time.
Some of these listings contain enhanced listing information including mapping from sources such as Google, Bing, Microsoft, Yahoo, WalkScore and others.
REIN updates its listings on a daily basis.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 11:45:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.