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Cheapest Land in North Carolina: Why Gates County Offers the Best Price Per Acre (2025 Data)

Find the cheapest land in North Carolina per acre. Explore why Gates County offers unbeatable prices with updated 2025 data and current listings.
Cheapest Land in North Carolina: Why Gates County Offers the Best Price Per Acre (2025 Data)

Gates County Land Prices: $7,699 Per Acre (2025 Analysis)

In North Carolina, land prices can vary significantly from one county to another. On average, an acre of land in North Carolina costs $44,075. However, if you're looking for the most affordable option, Gates County stands out as the cheapest at $7,699 per acre.

In contrast, Dare County is the most expensive with an average price of $283,406 per acre. This report will guide you through the land market in Gates County, including current listings, market demand, and appreciation trends.

Price comparison chart

Current Cheap Land Listings in Gates County (Updated Mar 2025)

As of Mar 05, 2025, there are 10 active listings in Gates County with the cheapest price per acre.

Here are some of the listings with the lowest price per acre:

Address Price Lot Size Price Per Acre Link
0 Middle Swamp Rd $869,900 234.4 acres $3,711 View Listing
36 AC Horace Carter Rd $165,000 36.6 acres $4,511 View Listing
230 Middle Swamp Rd $229,900 49.0 acres $4,688 View Listing

Additionally, here are the listings with the absolute lowest price:

Address Price Lot Size Price Per Acre Link
189 Horace Carter Rd $10,000 1.0 acres $9,804 View Listing
Lot 3 Kings Land Ct $59,900 9.3 acres $6,406 View Listing
14 A Horace Carter Rd $70,000 14.0 acres $5,000 View Listing

Market Demand Analysis for Gates County

  • Active Listings: 10
  • Pending Sales: 2
  • Sold (Last 12 months): 18
  • Total Listings: 30
  • Turnover Ratio: 180.0%

The turnover ratio (number of sold listings / number of active listings) in Gates County is 180%, which is higher the state average of 110%. This indicates that land in Gates County is more in demand compared to other parts of the state.

Turnover ratio chart

Relative to the number of parcels, land in Gates County is less in demand than the state average of 0.32%. Here's a table showing the number of parcels, sold listings, and ratio for Gates County and the top 3 counties:

County Parcels Sold Listings Sold/Parcel Ratio
Gates County 7,906 18 0.23%
Cherokee County 35,059 378 1.08%
Pamlico County 17,887 183 1.02%
Clay County 16,910 173 1.02%

Land Parcel Analysis

Relative to the number of parcels, land in Gates County is less in demand than the state average of 0.32%. Here's how Gates County's land market activity compares to the state average:

  • Total Land Parcels in Gates County: 7,906
  • Percentage of Parcels Sold (Last 12 months): 0.23%
  • State Average Percentage Sold: 0.32%

Land Appreciation

Land in Gates County is appreciating at a rate of 5.3%, which is faster than the state average of 3.1%.

How Quickly Does Land Sell in Gates County?

  • Land in Gates County sells faster than the state average.
  • Median Days on Market in Gates County: 53 days
  • State Average: 152 days

This means that when land is listed for sale in Gates County, it typically takes 53 days to find a buyer.

Days on Market comparison

Best Land Brokers and Realtors in Gates County

If you're looking for professional assistance in purchasing land, here are some of the top brokers and realtors in Gates County who have sold the most land in North Carolina over the last 12 months.

Broker Phone Transactions Total Volume Avg DOM
Exp Realty Llc 888-584-9431 404 $41,911,308 168 days
A Non Member 270 $38,285,009 237 days
Windjam Properties 919-883-8528 8 $18,285,000 418 days
Canopy Administration 704-940-3149 76 $18,263,915 62 days
Realty World Carolina Prop 919-545-9911 13 $16,966,500 274 days
Fathom Realty Nc Llc 888-455-6040 90 $15,917,501 138 days
Fonville Morisey & Barefoot 919-781-7074 2 $13,375,000 498 days
Intracoastal Realty Corp 910-256-4503 57 $13,136,000 280 days
Mossy Oak Properties Land And Farms 252-480-5263 110 $12,851,150 117 days
Stone Auction & Realty 252-235-2200 45 $12,406,357 157 days

Source

Data from this article comes from the LandScraper Platform.

The LandScraper Platform simplifies and automates the boring parts of land market research to help you find better markets, make better decisions - all while saving time and saving money.

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