Population: 7,821 · Density: 25.8/mi² · Median household income: $46,105
Typical home value: $126,127 · Homeownership: 77.5%
Data as of January 2026. Source: Realtor.com.
The GATE CITY, VA real estate market (24251) currently shows 22 active listings, with 8 pending sales. Homes are averaging 99 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 99 days on market compared to 93 days last year.
The median listing price has risen 41.8% year-over-year, from $204,500 to $289,900.
Whether you are buying or selling in GATE CITY, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 24251 | Gate City, VA 24251 | 0.0 mi | 22 | $6,903,600 | $289,900 | $313,800 |
| 37665 | Kingsport, TN 37665 | 5.7 mi | 26 | $6,424,912 | $239,000 | $247,112 |
| 37645 | Mount Carmel, TN 37645 | 7.3 mi | 21 | $6,215,202 | $271,500 | $295,962 |
| 24258 | Hiltons, VA 24258 | 10.8 mi | 1 | $155,000 | $155,000 | $155,000 |
| 24244 | Duffield, VA 24244 | 11.2 mi | 16 | $3,167,664 | $175,000 | $197,979 |
| 24271 | Nickelsville, VA 24271 | 12.1 mi | 4 | $1,010,668 | $250,000 | $252,667 |
| 37663 | Kingsport, TN 37663 | 15.0 mi | 69 | $31,060,419 | $422,000 | $450,151 |
| 37617 | Blountville, TN 37617 | 15.6 mi | 55 | $24,685,320 | $399,000 | $448,824 |
| 37656 | Fall Branch, TN 37656 | 17.9 mi | 12 | $7,694,196 | $439,900 | $641,183 |
| 37615 | Johnson City, TN 37615 | 19.9 mi | 129 | $70,425,744 | $479,000 | $545,936 |
| 37686 | Piney Flats, TN 37686 | 20.8 mi | 38 | $21,545,468 | $498,000 | $566,986 |
| 24221 | Blackwater, VA 24221 | 21.6 mi | 4 | $658,000 | $164,500 | $164,500 |
| 24216 | Appalachia, VA 24216 | 22.3 mi | 7 | $451,997 | $59,500 | $64,571 |
As of January 2026, there are 22 active listings in GATE CITY, VA (zip code 24251), compared to 28 the prior year.
The median listing price in GATE CITY, VA 24251 is $289,900 as of January 2026, a 41.8% increase from $204,500 the prior year.
Homes in GATE CITY, VA 24251 spend an average of 99 days on the market before going under contract, compared to 93 days the prior year.
Based on current inventory and days-on-market data as of January 2026, GATE CITY, VA 24251 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 99 days on market compared to 93 days last year.
With SELL123.com's maximum 3% commission, sellers in GATE CITY, VA 24251 save an estimated $5,798 compared to a typical 5% commission on the median listing price of $289,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.