Home prices
The median home in Mountain Gate is valued at $119,800. It is about $172,940 (59%) lower in comparison to its nearby areas.Compared to the US as a whole it is roughly $97,700 (44%) lower, and compared to the city of Chico is roughly $207,900 (63%) lower.
Rents
In Mountain Gate the median rent is $882 per month. This is approximately $430 (32%) lower compared to its surrounding areas.It is roughly $180 (16%) lower in comparison to the United States as a whole, and it is roughly $218 (19%) lower in comparison to the city of Chico.
Nearby places
Shasta Lake
Shasta Lake is Mountain Gate's neighbor to the southwest. Housing prices there are substantially more expensive. The median home in Shasta Lake costs $183,000, which is $63,200 (34%) higher than Mountain Gate. Rent there is a little more expensive. The median monthly rent in Shasta Lake is $1,118, which is $236 (21%) higher than Mountain Gate.
Bella Vista
Bella Vista is roughly 5 miles southeast of Mountain Gate. Its housing prices are a lot more expensive. Bella Vista's median home value is $320,500, which comes out to $200,700 (62%) higher than Mountain Gate. Rent there is a lot more expensive. Bella Vista's median rent is $1,344 per month, which works out to $462 (34%) higher than Mountain Gate.
Redding
Redding is roughly 10 miles south from Mountain Gate. The real estate prices there are significantly more expensive. The median home in Redding costs $264,900, which is $145,100 (54%) higher than Mountain Gate. Its rents are a bit more expensive. The median rent in Redding is $1,075 a month, which comes out to $193 (17%) higher than Mountain Gate.
Shasta
Shasta is approximately 11 miles southwest from Mountain Gate. Housing prices there are a lot more expensive. The median home in Shasta costs $327,000, which is $207,200 (63%) higher than Mountain Gate. Its rents are a little more expensive. The median rent in Shasta is $1,217 per month, which comes out to $335 (27%) higher than Mountain Gate.
Palo Cedro
Palo Cedro is approximately 11 miles south of Mountain Gate. Its housing prices are a lot more expensive. Palo Cedro's median home price is $368,300, which is $248,500 (67%) higher than Mountain Gate. Rents there are significantly more expensive. Palo Cedro's median rent is $1,806 per month, which comes out to $924 (51%) higher than Mountain Gate.