Active Listings
39
⇧ 21.9% vs 32 last year
Data as of June 2026. Source: Realtor.com.
The GATE CITY, VA real estate market (24251) currently shows 39 active listings, with 15 pending sales. Homes are averaging 70 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 70 days on market compared to 58 days last year.
The median listing price has fallen 12% year-over-year, from $312,350 to $274,950.
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 June 2026, there are 39 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 $274,950 as of June 2026, a 12% decrease from $312,350 the prior year.
Homes in GATE CITY, VA 24251 spend an average of 70 days on the market before going under contract, compared to 58 days the prior year.
Based on current inventory and days-on-market data as of June 2026, GATE CITY, VA 24251 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 70 days on market compared to 58 days last year.
With SELL123.com's maximum 3% commission, sellers in GATE CITY, VA 24251 save an estimated $5,499 compared to a typical 5% commission on the median listing price of $274,950. 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.