Data as of March 2026. Source: Realtor.com.
The GATE CITY, VA real estate market (24251) currently shows 33 active listings, with 9 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are selling faster, averaging 52 days on market compared to 81 days last year.
The median listing price has risen 30.1% year-over-year, from $220,000 to $286,225.
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.
Population: 7,821 · Density: 25.8/mi² · Median household income: $46,105
Typical home value: $126,127 · Homeownership: 77.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 24251 | Gate City, VA 24251 | 0.0 mi | 23 | $6,444,807 | $289,450 | $280,209 |
| 37665 | Kingsport, TN 37665 | 5.7 mi | 19 | $4,667,350 | $251,175 | $245,650 |
| 37660 | Kingsport, TN 37660 | 9.1 mi | 191 | $71,578,205 | $304,125 | $374,755 |
| 37642 | Church Hill, TN 37642 | 11.0 mi | 34 | $15,531,234 | $322,500 | $456,801 |
| 37664 | Kingsport, TN 37664 | 11.5 mi | 107 | $45,833,343 | $379,250 | $428,349 |
| 24245 | Dungannon, VA 24245 | 13.5 mi | 5 | $562,625 | $88,000 | $112,525 |
| 24219 | Big Stone Gap, VA 24219 | 15.3 mi | 31 | $9,326,908 | $240,500 | $300,868 |
| 37873 | Surgoinsville, TN 37873 | 16.3 mi | 14 | $5,709,648 | $389,725 | $407,832 |
| 24243 | Dryden, VA 24243 | 19.4 mi | 3 | $712,350 | $237,450 | $237,450 |
| 24270 | Mendota, VA 24270 | 20.5 mi | 2 | $772,400 | $386,200 | $386,200 |
| 24273 | Norton, VA 24273 | 21.1 mi | 23 | $4,246,559 | $155,550 | $184,633 |
| 24202 | Bristol, VA 24202 | 21.6 mi | 39 | $20,675,772 | $289,900 | $530,148 |
| 24224 | Castlewood, VA 24224 | 22.7 mi | 14 | $5,449,836 | $193,246 | $389,274 |
As of March 2026, there are 33 active listings in GATE CITY, VA (zip code 24251), compared to 29 the prior year.
The median listing price in GATE CITY, VA 24251 is $286,225 as of March 2026, a 30.1% increase from $220,000 the prior year.
Homes in GATE CITY, VA 24251 spend an average of 52 days on the market before going under contract, compared to 81 days the prior year.
Based on current inventory and days-on-market data as of March 2026, GATE CITY, VA 24251 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 81 days last year.
With SELL123.com's maximum 3% commission, sellers in GATE CITY, VA 24251 save an estimated $5,725 compared to a typical 5% commission on the median listing price of $286,225. 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.