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Gate City, VA Real Estate & Property Data

Gate City Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Gate City, VA 24251. ATTOM’s Gate City real estate data is updated daily, and current market trends show that in Gate City, VA a total of 102 residential properties have sold over the past year. With a median home price of $258,500 in Gate City. Get detailed property data for Gate City, VA instantly. ATTOM is your one-stop-shop for the Gate City property reports and real estate data you need in Gate City, VA.

Gate City Real Estate Market Trends

Get property data for any address in Gate City, VA or the country:

Total Residential Properties 3,733

Total Commercial Properties 192

Avg. Home Age (Single Family Home) 63 Years

Avg. Square Feet (Single Family Home) 1,447

Total 2025 Residential Sales (year-to-date) 10

% of Homes Seriously Underwater (Q2 2025) 0.46%

Total 2024 Residential Sales 95

% of Equity Rich Homes (Q2 2025) 24.88%

Effective 2024 Property Tax 0.35%

Total Foreclosure Filings (year-to-date) N/A

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Gate City, VA 24251 Real Estate Overview

There were 102 residential properties sold in the past year in Gate City, VA 24251. The median home value in Gate City, VA 24251 is $193,186. There are a total of 3,733 residential properties in the 24251.

Median Sales Price i

$258,500

(Feb 2025)

-6%

year-over-year

y-o-y

February '25 Feb '25 $258,500
January '25 Jan '25 N/A
December '24 Dec '24 $308,450
November '24 Nov '24 $212,500
October '24 Oct '24 $232,600
September '24 Sep '24 $157,000
August '24 Aug '24 $211,400
July '24 Jul '24 $165,000
June '24 Jun '24 $201,500
May '24 May '24 $191,500
April '24 Apr '24 $201,300
March '24 Mar '24 $290,000

Median Down Payment i

$35,000

(Feb 2025)

-80.6%

year-over-year

y-o-y

February '25 Feb '25 $35,000
January '25 Jan '25 N/A
December '24 Dec '24 $15,000
November '24 Nov '24 $8,750
October '24 Oct '24 $4,261
September '24 Sep '24 $18,370
August '24 Aug '24 $8,645
July '24 Jul '24 $25,000
June '24 Jun '24 $3,677
May '24 May '24 $4,942
April '24 Apr '24 $5,253
March '24 Mar '24 $14,500

Number of Homes Sold i

7

(Feb 2025)

+40%

year-over-year

y-o-y

February '25 Feb '25 7
January '25 Jan '25 3
December '24 Dec '24 11
November '24 Nov '24 7
October '24 Oct '24 8
September '24 Sep '24 7
August '24 Aug '24 5
July '24 Jul '24 11
June '24 Jun '24 9
May '24 May '24 12
April '24 Apr '24 11
March '24 Mar '24 6

Number of Purchase Loans i

2

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 1
December '24 Dec '24 9
November '24 Nov '24 6
October '24 Oct '24 4
September '24 Sep '24 3
August '24 Aug '24 3
July '24 Jul '24 10
June '24 Jun '24 5
May '24 May '24 10
April '24 Apr '24 6
March '24 Mar '24 5

Number of REFI Loans i

8

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 8
January '25 Jan '25 6
December '24 Dec '24 5
November '24 Nov '24 9
October '24 Oct '24 4
September '24 Sep '24 2
August '24 Aug '24 6
July '24 Jul '24 3
June '24 Jun '24 3
May '24 May '24 7
April '24 Apr '24 3
March '24 Mar '24 3

Gate City, VA 24251 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3
4
5

Gate City, VA 24251 Foreclosure Activity

Total Foreclosure Filings i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Foreclosure Starts i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 1
March '24 Mar '24 N/A

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