Active Listings
33
⇩ 5.7% vs 35 last year
Data as of September 2026. Source: Realtor.com.
The GATE CITY, VA real estate market (24251) currently shows 33 active listings, with 3 pending sales. Homes are averaging 82 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 taking longer to sell, averaging 82 days on market compared to 49 days last year.
The median listing price has fallen 14.2% year-over-year, from $318,925 to $273,700.
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 September 2026, there are 33 active listings in GATE CITY, VA (zip code 24251), compared to 35 the prior year.
The median listing price in GATE CITY, VA 24251 is $273,700 as of September 2026, a 14.2% decrease from $318,925 the prior year.
Homes in GATE CITY, VA 24251 spend an average of 82 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of September 2026, GATE CITY, VA 24251 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 82 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in GATE CITY, VA 24251 save an estimated $5,474 compared to a typical 5% commission on the median listing price of $273,700. 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.