Data as of April 2026. Source: Realtor.com.
The GATE CITY, VA real estate market (24251) currently shows 30 active listings, with 8 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 61 days on market compared to 76 days last year.
The median listing price has risen 22% year-over-year, from $229,225 to $279,750.
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 April 2026, there are 30 active listings in GATE CITY, VA (zip code 24251), compared to 32 the prior year.
The median listing price in GATE CITY, VA 24251 is $279,750 as of April 2026, a 22% increase from $229,225 the prior year.
Homes in GATE CITY, VA 24251 spend an average of 61 days on the market before going under contract, compared to 76 days the prior year.
Based on current inventory and days-on-market data as of April 2026, GATE CITY, VA 24251 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 61 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in GATE CITY, VA 24251 save an estimated $5,595 compared to a typical 5% commission on the median listing price of $279,750. 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.