Gatesville, North Carolina.
Typical home $223,043 (+7.3% in a year). Virginia Beach-Norfolk-Newport News, VA-NC metro.
to buy the typical home at today's mortgage rate — +$660 (+129%) since Jan 2020.
- 1 year
- Up $15,186 +7%
- $207,857$223,043 since Sep 2025
- 5 years
- Up $58,936 +36%
- $164,107$223,043 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.
- Gatesville$1,171
- North Carolina$1,743
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Gatesville, NC rose 7.3% over the past year — faster than the nation's +1.2%.
Living in Gatesville, Gates County, North Carolina
Gatesville is a town of 267 people in Gates County. Half its households earn more than $73,611 a year and half less, against $66,333 across Gates County; 3% of its people live below the poverty line. Unemployment in Gates County was 3.6% in August 2026, and the county had 1.4% more jobs in 2025 than the year before. The most people in Gates County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Gatesville is a very small town, the kind where people are likely to know one another. Household incomes are higher than across the rest of Gates County, and very few residents live below the poverty line. Winters are mild but cold enough for frost, with only a light dusting of snow in most years, and summers turn hot, with plenty of rain through the year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops and the building trades close behind. Across Gates County, the largest workplaces include Gates County Schools, Gates Health and Rehab, and Great Southern Wood Preserving. The typical commute is a long one, and very few people work from home. Unemployment across the county is lower than a year ago, and the county has added a few jobs.
Things to do. Merchants Millpond State Park, a protected area, is a short drive away and is the nearest place to get outdoors. A longer drive brings you to Dismal Swamp State Park, another protected area, and to the Meherrin River, one of several rivers in the region.
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- 3%below the poverty line
- 45 mintypical commute
- 3%work from home
What people in Gates County work in
Employed residents by industry, from the Census survey. Gates County had 1,428 jobs in 2025, 1.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 50° and lows near 29°; warmest in July, with highs near 88° and lows near 68°. About 3 inches of snow and 50 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Murfreesboro weather station, 18 miles away (NOAA).
Largest workplaces in Gates County
- Gates County SchoolsSchool district262FTE
- Gates Health and RehabSkilled nursing facilities100
- Great Southern Wood PreservingSawmills81
- Gates HouseAssisted-living facilities with on-site nursing facilities40
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 221 people in all across the county; Gatesville has one of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windVery high
- Winter weatherRelatively high
- HurricanesRelatively high
- LightningRelatively high
- DroughtRelatively moderate
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Gatesville’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Gates County and the Virginia Beach-Norfolk-Newport News, VA-NC metro.
Gatesville home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Gatesville$223,043
- North Carolina$332,159
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Gatesville5
Zip codes with a Gatesville address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Gatesville — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.