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Gates Housing Market Report June 2025•Lauderdale County, Tennessee

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Housing Prices in Gates, TN

How much do homes in Gates, TN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$82,500–
-$802,250
-90.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Gates has decreased by 90.7% since last year.

Summary: The median home list price in Gates was $82,500 in June 2025, down 90.7% from the previous year, and the median price per square foot was $0.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Halls
+5.8%
Gates
-90.7%
Gates
-90.7%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2-$82.5K
N/A
3$884.7K$79.5K
-91.0%
4-$165K
N/A
5--
N/A

Summary: Gates 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 did not change. The home price for 3 bedroom homes decreased by -91.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Gates, TN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Gates, TN

Housing supply in Gates, TN

How many homes are available in Gates, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
4Last MonthJun 2025
52 months agoMay 2025
-20.0 %
Change MoMMay – Jun

Summary: The Gates real estate market had 4 homes for sale in Jun 2025, a 20.0 % decrease compared to May 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
222
0.0%
332
-33.3%
400
0.0%
500
0.0%

Summary: Gates 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 remained the same. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Gates, TN

How long does it take to sell a home in Gates, TN?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
110 DaysThis YearJun 2025
215 Days1 year agoJun 2024
-48.6 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Gates had an average listing age of 110 days in Jun 2025, down by 48.6% compared to the previous year.

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Newest Listings in Gates, TN

What homes are available in Gates, TN?

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Nearby markets

Nearby markets aren't available for Gates, TN

Popular Cities with Homes for Sale in Tennessee

MLS Disclaimers and Copyright

Based on information from Memphis MLS, for the period 07/01/2023 - 07/01/2025

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 10:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.