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Market Update

What are house prices doing in Gore?

In September 2026 the median sale price in Gore District was $475,100, up 4.4% on the $455,000 recorded in September 2025. REINZ counted 23 sales that month, and the median days to sell was 29. These are REINZ figures for the whole of Gore District, which takes in Gore, Mataura and the surrounding farmland.

What have Gore District house prices done month by month?

The table shows the six most recent months REINZ has formally released for Gore District. A median sale price is the middle price when every sale in the month is lined up from lowest to highest, so half of the homes sold for more and half sold for less. Over these six months the median sale price in Gore District moved between $445,000 and $485,000, and REINZ recorded 143 sales in total.

MonthMedian sale priceNumber of salesMedian days to sell
September 2026$475,1002329
August 2026$453,0002630
July 2026$452,0002332
June 2026$445,0002037
May 2026$475,0002839
April 2026$485,0002337

Source: REINZ Statistics (Real Estate Institute of New Zealand), Market Insights Report, Gore District, April to September 2026, accessed 13 November 2026. These are REINZ figures for the whole district, not for one street or suburb. Ray White Gore is not speaking on behalf of REINZ. More at reinz.co.nz.

How do Gore District prices compare with Southland District?

Many buyers and sellers in Gore also look at the countryside around the town, and the rural areas to the west of Gore fall under Southland District. In September 2026 REINZ recorded a median sale price of $470,000 in Southland District, up 1.1% on the $465,000 a year earlier, from 25 sales. The median days to sell in Southland District was 55, compared with 29 in Gore District. Southland District figures swing more from month to month because the district covers lifestyle blocks, farms and small settlements as well as houses in towns.

MonthMedian sale priceNumber of salesMedian days to sell
September 2026$470,0002555
August 2026$485,0002452
July 2026$485,0003143
June 2026$585,0003636
May 2026$593,0003539
April 2026$537,0003750

Source: REINZ Statistics (Real Estate Institute of New Zealand), Market Insights Report, Southland District, April to September 2026, accessed 13 November 2026. These are REINZ figures for the whole district. Ray White Gore is not speaking on behalf of REINZ.

How long does it take to sell a house in Gore?

The median days to sell in Gore District fell from 39 days in May 2026 to 29 days in September 2026. Median days to sell is REINZ’s measure of how long homes took to sell, using the middle result across all sales in the month. It is a different thing from settlement, which is the day the buyer pays and takes over the property and is agreed in the sale and purchase agreement. On Settled.govt.nz the New Zealand Government explains how the deposit and the unconditional date work: Completing the sale.

How should I read a median sale price?

A median sale price is useful for seeing the direction of the market, but it is not a valuation of any one home. In a month with only 20 to 30 sales, one or two unusually high or low sales can move the median, so it is better to look at several months together than to read too much into a single month. The mix of homes also changes from month to month. A month with more larger family homes will show a higher median sale price than a month with more small units or older cottages, even if no individual home has changed in value.

  • Use the six month range ($445,000 to $485,000 in Gore District) as a guide to where most sales land.
  • Use the year earlier comparison to see the direction. September 2026 was 4.4% above September 2025.
  • Use the number of sales to judge how much weight to put on the median. Around 20 to 28 sales a month is a small sample.
  • Ask for a written appraisal that explains which recent sales were used, because the district median cannot reflect a particular street, section size or condition.

What local costs and rules affect a Gore sale or purchase?

A Land Information Memorandum, known as a LIM, is a report from the council about a property. Gore District Council lists a residential LIM at $400.00 in its 2026 to 2027 fees and charges, issued within 10 working days, and a rural, commercial or industrial LIM at actual cost with a $550.00 deposit. The council notes that it does not inspect the property, so a LIM does not replace a building inspection. Details are on the council page Land Information Memorandum (LIM). For any property outside Gore District, the council that covers the address issues the LIM instead.

Who is covered by these figures?

Gore District covers the town of Gore, Mataura and the farmland around them. Riversdale and Lumsden sit in Southland District, and Tapanui and Heriot are in Clutha District in West Otago, so a Tapanui or Heriot sale is not counted in either table on this page. Ray White Gore sells across all of these places. If you want to know what a particular home could sell for, the district median is a starting point, and a local appraisal looks at the street, the section, the condition and the buyers active right now.

Want to know what your Gore home is worth?

Book a free appraisal and we will explain the recent sales behind our estimate in plain language. Call Ray White Gore on (03) 208 9490, visit us at 37 Main Street, Gore, or use the form below.

Last updated: 13 November 2026. Written by the Ray White Gore team. Ray White Gore is licensed as Nicole Cronin Realty Ltd (REAA 2008), 37 Main Street, Gore 9710.


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