Zip lookup · NC

27937
Gates, North Carolina.

Gates, Gates County, NC · Virginia Beach-Norfolk-Newport News, VA-NC metro · population 2,936

What it costs per month · 27937 $1,419/mo

to buy the typical home at today's mortgage rate — +$901 (+174%) since Jan 2020.

What the home itself did
1 year
Up $29,273 +12%
$241,054$270,327 since Sep 2025
5 years
Up $87,497 +48%
$182,830$270,327 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 27937 $1,419 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 27937$1,419
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 9 years.

Typical home values in zip 27937 rose 12.1% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Gates, NC — measured over the city limits, which is a different area from this zip.

Typical home value $270,327 as of Sep 2026
+12.1%year on year

Typical home value — 27937

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2019 2020 2021 2022 2023 2024 2025 2026 27937 $270,327 Virginia Beach $371,181 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 27937$270,327
  • Virginia Beach$371,181
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
6.9 27935 Eure 1,464 — $246,776
6.9 23438 Suffolk 1,749 — $356,680
9.0 27938 Gatesville 1,790 — $223,029
9.1 23437 Suffolk 5,023 — $349,881
9.7 27926 Corapeake 1,983 — $288,759
12.7 27979 Sunbury 1,161 — $230,229
14.2 27946 Hobbsville 1,008 — $244,252
14.3 23851 Franklin 13,237 $1,325 $250,400
16.6 23315 Carrsville 1,391 — $314,139
17.1 23434 Suffolk 54,387 $1,846 $340,849
18.0 27855 Murfreesboro 5,783 — $126,912
19.2 23874 Newsoms 673 — $221,417
19.6 27910 Ahoskie 10,487 — $104,396

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.