Call or Text (240) SELL-123

IRON GATE, VA 24448

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The IRON GATE, VA real estate market (24448) currently shows 2 active listings, with 1 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68 days on market compared to 31 days last year.

The median listing price has risen 38.7% year-over-year, from $66,700 to $92,500.

Whether you are buying or selling in IRON GATE, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for IRON GATE, VA 24448 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 395  ·  Density: 496.2/mi²  ·  Median household income: $41,875

Typical home value: $67,233  ·  Homeownership: 90.9%

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$92,500
⇧ 38.7% vs $66,700 last year
Average Price
$92,500
⇧ 38.7% vs $66,700 last year
Days on Market
68
⇧ 119.4% vs 31 days last year

Price Per Square Foot

Median $/sqft
$59
⇩ 9.2% vs $65/sqft last year
Median Home Size
1,560 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 68 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $92,500 (+38.7% YoY)
  • Average: $92,500 (+38.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.4 miles — 222 listings ($125,542,364 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24448Iron Gate, VA 244480.0 mi3$277,500$92,500$92,500
24474Selma, VA 244743.2 mi2$440,000$220,000$220,000
24445Hot Springs, VA 2444512.6 mi17$14,110,782$443,475$830,046
24426Covington, VA 2442615.4 mi51$16,450,662$214,225$322,562
24460Millboro, VA 2446017.2 mi2$330,000$165,000$165,000
24066Buchanan, VA 2406619.0 mi11$4,880,623$378,950$443,693
24555Glasgow, VA 2455519.7 mi4$2,048,000$512,000$512,000
24473Rockbridge Baths, VA 2447322.2 mi7$3,858,050$575,000$551,150
24986White Sulphur Springs, WV 2498623.4 mi35$45,509,765$298,000$1,300,279
24416Buena Vista, VA 2441624.2 mi23$6,173,430$269,900$268,410
24175Troutville, VA 2417527.0 mi32$13,108,992$367,000$409,656
24083Daleville, VA 2408328.0 mi17$11,080,634$685,213$651,802
24064Blue Ridge, VA 2406429.4 mi18$7,273,926$359,250$404,107

Frequently Asked Questions

How many homes are for sale in IRON GATE, VA 24448?

As of March 2026, there are 2 active listings in IRON GATE, VA (zip code 24448), compared to 1 the prior year.

What is the median home price in IRON GATE, VA 24448?

The median listing price in IRON GATE, VA 24448 is $92,500 as of March 2026, a 38.7% increase from $66,700 the prior year.

How long do homes stay on the market in IRON GATE, VA?

Homes in IRON GATE, VA 24448 spend an average of 68 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in IRON GATE, VA 24448?

Based on current inventory and days-on-market data as of March 2026, IRON GATE, VA 24448 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 68 days on market compared to 31 days last year.

How much can I save on real estate commission in IRON GATE, VA?

With SELL123.com's maximum 3% commission, sellers in IRON GATE, VA 24448 save an estimated $1,850 compared to a typical 5% commission on the median listing price of $92,500. 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.