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Featured local agent — Gatesville, TX
Sarah Mitchell
Compass Real Estate · Gatesville, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Gatesville, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$230,000median sale price
How is the Gatesville, TX housing market right now?
The median home sale price in Gatesville, TX is $230,000, up 17.9% year-over-year. Homes sell in an average of 62 days with 49 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Gatesville a buyer's or seller's market?
Gatesville, TX is currently a buyer's market, based on 5.4 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
62
Average pace
Active listings
49
5.4 months supply
Sale-to-list
98.7%
Below asking
What does the Gatesville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $230,000 |
| Median list price | $178,000 |
| Year-over-year price change | +17.9% |
| Average days on market | 62 days |
| Active inventory | 49 listings |
| Months of supply | 5.4 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $153/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 9 |
| Listings with a price cut | 26.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Gatesville by property type?
How the Gatesville, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $230,000 | $153/sq ft | 9 | 62 days |
| Condo / Co-op | $175,000 | $64/sq ft | 1 | 176 days |
| Townhouse | $250,000 | $107/sq ft | 1 | 128 days |
Source: Redfin · Updated monthly
The Gatesville housing market is currently classified as a buyer's market with a median sale price of $230,000. Prices have risen 17.9% compared to last year, with homes spending an average of 62 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.
Homes for sale in Gatesville
There are currently 49 homes listed for sale in Gatesville, Texas. The median listing price is $178K.
Active listings
49
Homes on market
Median list price
$178K
Avg. days on market
62
Days until sale
New this week
9
Newly listed
Who lives in Gatesville?
Population
16,058
Median income
$54,802/yr
Median age
40.4 years
Owner-occupied
64.9%
College grads
8.9%
Avg commute
23.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Gatesville?
Zillow home value
$243,431
Zillow rent index
$1,122/mo
Price-to-rent ratio
18.1x
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Gatesville?
Gatesville is a community of approximately 16K residents with a median age of 40.4 years.The median household income is $54,802, which represents a working-class community with solid middle-income opportunities. 8.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.9%, showing a blend of owner and renter-occupied properties. The average commute time is 23.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gatesville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Gatesville?
5 schools tracked · 2,695 students
The largest public schools serving Gatesville, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GATESVILLE H S
Grades 9-12 · 780 students
GATESVILLE EL
Grades 1-3 · 611 students
GATESVILLE INT
Grades 4-6 · 590 students
GATESVILLE J H
Grades 7-8 · 419 students
GATESVILLE PRI
Grades PK-K · 295 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Gatesville, TX?
Want a head-to-head view? Compare Gatesville side-by-side with any other U.S. city using our market-comparison tool.
Is Gatesville a good real estate investment market?
For investors evaluating Gatesville, the price-to-rent ratio of 18.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 17.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Gatesville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Gatesville's median home price.
Frequently asked questions
What is the average home price in Gatesville?
The median home sale price in Gatesville is $230,000, up 17.9% from last year.
How long do homes stay on market in Gatesville?
Homes typically spend 62 days on market before going under contract.
What is the median income in Gatesville?
The median household income is $54,802 per year.
Is Gatesville a buyer's or seller's market?
With 5.4 months of supply, Gatesville is currently a buyer's market.
What is the Zillow home value estimate for Gatesville?
The Zillow Home Value Index (ZHVI) for Gatesville is $243,431, representing the typical home value in the area.
What is the median condo price in Gatesville?
The median condo/co-op sale price in Gatesville, TX is $175,000, compared to $230,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Gatesville?
The median single-family home price in Gatesville, TX is $230,000 (about $153 per square foot).
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