Gate City, VA Real Estate & Property Data

Gate City Real Estate Market Trends
Last Updated: April 28, 2024

Accurate and comprehensive real estate data is critical for insight into Gate City, VA. ATTOM’s Gate City real estate data is updated daily, and current market trends show that in Gate City, VA a total of 91 residential properties have sold over the past year. With a median home price of $275,000 in Gate City and a total of 1 foreclosures. 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
Total Residential Properties 3,734
Total Commercial Properties 192
Avg. Home Age (Single Family Home) 62 Years
Avg. Square Feet (Single Family Home) 1,444
Total 2024 Residential Sales (year-to-date) 8
% of Homes Seriously Underwater (Q2 2024) 0.39%
Total 2023 Residential Sales 84
% of Equity Rich Homes (Q2 2024) 23.7%
Effective 2023 Property Tax 0.39%
Total Foreclosure Filings (year-to-date) 1
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Gate City, VA Real Estate Overview

There were 91 residential properties sold in the past year in Gate City, VA. The median home value in Gate City, VA is $177,681. There are a total of 3,734 residential properties in the Gate City.

Median Sales Price i
$275,000
(Feb 2024)
+44.7%
year-over-year
y-o-y
  • February '24 Feb '24 $275,000
  • January '24 Jan '24 $165,500
  • December '23 Dec '23 $160,000
  • November '23 Nov '23 $153,750
  • October '23 Oct '23 $130,000
  • September '23 Sep '23 $197,363
  • August '23 Aug '23 $115,000
  • July '23 Jul '23 $157,000
  • June '23 Jun '23 $166,500
  • May '23 May '23 $111,000
  • April '23 Apr '23 $275,000
  • March '23 Mar '23 $90,000
Median Down Payment i
$180,000
(Feb 2024)
+141%
year-over-year
y-o-y
  • February '24 Feb '24 $180,000
  • January '24 Jan '24 N/A
  • December '23 Dec '23 $4,800
  • November '23 Nov '23 $27,812
  • October '23 Oct '23 $12,500
  • September '23 Sep '23 $80,000
  • August '23 Aug '23 $7,512
  • July '23 Jul '23 $8,745
  • June '23 Jun '23 $15,000
  • May '23 May '23 $10,200
  • April '23 Apr '23 N/A
  • March '23 Mar '23 $125,815
Number of Homes Sold i
5
(Feb 2024)
+66.7%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 3
  • December '23 Dec '23 9
  • November '23 Nov '23 7
  • October '23 Oct '23 10
  • September '23 Sep '23 6
  • August '23 Aug '23 7
  • July '23 Jul '23 8
  • June '23 Jun '23 9
  • May '23 May '23 8
  • April '23 Apr '23 9
  • March '23 Mar '23 7
Number of Purchase Loans i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 3
  • December '23 Dec '23 7
  • November '23 Nov '23 4
  • October '23 Oct '23 4
  • September '23 Sep '23 7
  • August '23 Aug '23 6
  • July '23 Jul '23 5
  • June '23 Jun '23 9
  • May '23 May '23 8
  • April '23 Apr '23 1
  • March '23 Mar '23 6
Number of REFI Loans i
7
(Feb 2024)
+133.3%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 5
  • October '23 Oct '23 4
  • September '23 Sep '23 7
  • August '23 Aug '23 10
  • July '23 Jul '23 6
  • June '23 Jun '23 3
  • May '23 May '23 6
  • April '23 Apr '23 3
  • March '23 Mar '23 3

Gate City, VA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Gate City, VA Foreclosure Activity

There were a total of 1 Gate City, VA properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
Foreclosure Starts i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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