The median home in Gates, North Carolina is valued at $255,739, up 9.8% year over year. Gates is part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$255,739

+9.8%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$51,148 on $255,739

Example: $75,000 household income. Change it above to see your own.

Affordable26% of income

Under the 28% guideline.

PITI$1,622

P/I26%

Afford$276K

Room+$20K

P&I $1,293Tax $179Ins $150

6.50% 30yr, 20% down, county tax + NC ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in North Carolina

Compare Gates with other housing markets across North Carolina.

Wrightsville Beach$1.64M Bald Head Island$1.36M Cashiers$1.34M Marvin$1.23M Weddington$1.04M Highlands$1.02M Duck$978K Topsail Beach$927K

Full Virginia Beach-Norfolk-Newport News, VA-NC analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Virginia Beach-Norfolk-Newport News, VA-NC metro.

View Virginia Beach-Norfolk-Newport News, VA-NC metro

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Gates, NC