Home prices
The value of the median home in Gates is $118,400. It is roughly $14,040 (10%) lower compared to other places in this area.It is approximately $99,100 (45%) lower in comparison to the entire nation, and it is approximately $28,600 (31%) higher in comparison to the city of Buffalo.
Rents
The median monthly rent in Gates is $1,190. This is roughly $300 (33%) higher in comparison to its surrounding areas.Compared to the US as a whole it is about $128 (12%) higher, and is approximately $414 (53%) higher compared to the city of Buffalo.
Nearby places
North Gates
North Gates is Gates's neighbor to the northwest. Its real estate prices are pretty similar. The median home in North Gates is valued at $119,000, which is very similar to Gates. Rent there is substantially less expensive. In North Gates the median monthly rent is $832, which works out to $358 (43%) lower than Gates.
Rochester
Rochester is Gates's neighbor to the east. Its housing prices are a lot less expensive. The median home in Rochester costs $83,100, which comes out to $35,300 (42%) lower than Gates. The rent there is a lot less expensive. In Rochester the median monthly rent is $848, which comes out to $342 (40%) lower than Gates.
Greece
Greece is about 3 miles north from Gates. Its housing prices are pretty similar. The median home cost in Greece is $122,700, which works out to $4,300 (3%) higher than Gates. Rents there are substantially less expensive. The median rent in Greece is $856 a month, which works out to $334 (39%) lower than Gates.
Spencerport
Spencerport is approximately 5 miles northwest of Gates. Its housing prices are somewhat more expensive. The median home in Spencerport is valued at $152,800, which is $34,400 (22%) higher than Gates. The rent there is significantly less expensive. The median rent in Spencerport is $865 per month, which is $325 (37%) lower than Gates.
Brighton
Brighton is roughly 5 miles southeast of Gates. Real estate prices there are significantly more expensive. The median home in Brighton is valued at $184,600, which is $66,200 (35%) higher than Gates. Its rents are a little less expensive. In Brighton the median rent is $1,049 a month, which works out to $141 (13%) lower than Gates.
