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Area data

Gatesville, NC — ZIP 27938

Population: 1,790 (Census ACS)

The typical home value in ZIP 27938 (Gatesville, NC) is $220,300 — up 8.9% over the past year. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with strong wind the top-rated hazards. Cost of living is 5.7% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$220,300

Typical home value

+8.9%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Typical home value
$220,300
1-year appreciation
+8.9%
3-year appreciation
+35.4%
5-year appreciation
+35.9%
10-year appreciation
+77.4%
Peak value since 2000 (Aug 2026)
$220,300
House Price Index (state)
445.4 (+0.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median list price
$174,321
Active listings
3
1-year forecast
+1.8%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,468/mo
1BR fair-market rent
$1,489/mo
2BR fair-market rent
$1,665/mo
3BR fair-market rent
$2,291/mo
4BR fair-market rent
$2,708/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
94.3 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.40/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1
Avg student-teacher ratio
16.6 : 1
Schools include
Central Middle School, Gates County Senior High, Gatesville Elementary

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
strong wind
Notable hazard ratings (county)
strong wind: Relatively Moderate · drought: Relatively Low · hurricane: Relatively Low · lightning: Relatively Low · winter weather: Relatively Low
Most common flood zone among NFIP claims
Zone AE
NFIP flood claims on record
11
Wildfire risk to homes (county)
Higher than 39% of US counties
Buildings in wildfire direct-exposure zone
85.1%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
51.1 in
USDA plant hardiness zone
8a (extreme annual low 10 to 15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
6.5 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
1,600
Jobs reachable by transit (45 min)
1,694

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
5
Nearest national park
Fort Monroe National Monument (49 mi)
National parks include
Fort Monroe National Monument, Cape Henry Memorial Part of Colonial National Historical Park, Historic Jamestowne Part of Colonial National Historical Park
Airports within 30 mi
21
Nearest airport
Lee's Airport (13 mi)
Nearest major airport
Elizabeth City Regional Airport & Coast Guard Air Station (ECG) (31 mi)
Hospitals in or near this ZIP
17
Hospitals include
VIDANT ROANOKE CHOWAN HOSPITAL, SENTARA ALBEMARLE MEDICAL CENTER, ECU HEALTH BERTIE HOSPITAL
Avg hospital rating (CMS)
3.4 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+7 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1987
Housing built before 1970
30.1%
Housing built 2000 or later
27.6%
Median annual property tax
$898
Households with broadband internet
62.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
948
Average weekly wage
$895
Top industries (by employment)
Agriculture, Professional Services, Utilities
Annual residential building permits (county)
12

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 27938State medianUS median
Typical home value$220,300$285,911$288,527
Median annual property tax$898$1,366$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 27938?
$220,300.
What is typical rent in ZIP 27938?
2-bedroom fair-market rent: $1,665/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 27938?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: strong wind.
Is ZIP 27938 in a flood zone?
Flood zones vary by property within ZIP 27938. 11 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is AE. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in ZIP 27938?
Risk to homes is higher than 39% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 27938?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 27938?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 27938?
3 schools (1 elementary, 1 middle, 1 high) (NCES, 2024-25).
Is ZIP 27938 walkable?
Walkability index: 6.5/20 (EPA Smart Location Database).
What is the cost of living in ZIP 27938?
Regional Price Parity: 94.3 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents