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.
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.
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.
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.