The South Gateway housing market is somewhat competitive. The median sale price of a home in South Gateway was $288K last month, down 5.7% since last year. The median sale price per square foot in South Gateway is $225, down 3.2% since last year.
What is the housing market like in South Gateway today?
In February 2025, South Gateway home prices were down 5.7% compared to last year, selling for a median price of $288K. On average, homes in South Gateway sell after 102 days on the market compared to 36 days last year. There were 5 homes sold in February this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$287,500
-5.7% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
South Gateway, NC
$287,500
-5.7%
United States
To compare other locations to the South Gateway and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Mount Holly add value to a home.
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How hot is the South Gateway housing market?
South Gateway is somewhat competitive. Homes sell in 51 days.
0
100
66
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 13 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Gateway housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Gateway.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Gateway has a minor risk of flooding. 10 properties in South Gateway are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in South Gateway. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Gateway has a moderate risk of wildfire. There are 39 properties in South Gateway that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in South Gateway.
97% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
South Gateway has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Gateway is most at risk from hurricanes. 485 properties in South Gateway have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 67 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.