Active Listings
35
⇧ 12.9% vs 31 last year
Data as of July 2026. Source: Realtor.com.
The GATE CITY, VA real estate market (24251) currently shows 35 active listings, with 10 pending sales. Homes are averaging 64 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 64 days on market compared to 68 days last year.
The median listing price has fallen 6.8% year-over-year, from $292,175 to $272,225.
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 July 2026, there are 35 active listings in GATE CITY, VA (zip code 24251), compared to 31 the prior year.
The median listing price in GATE CITY, VA 24251 is $272,225 as of July 2026, a 6.8% decrease from $292,175 the prior year.
Homes in GATE CITY, VA 24251 spend an average of 64 days on the market before going under contract, compared to 68 days the prior year.
Based on current inventory and days-on-market data as of July 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 64 days on market compared to 68 days last year.
With SELL123.com's maximum 3% commission, sellers in GATE CITY, VA 24251 save an estimated $5,445 compared to a typical 5% commission on the median listing price of $272,225. 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.