House Prices

House Prices & Home Values Iron Gate, VA 2026


Average Data

average house price$445,274
average size per house2441 ft²
average price per ft²183 $ / ft²

06/20/2026 - The value range (VR) for house prices in Iron Gate, VA is $177/ sqft to $177/ sqft. An average home with 2441 sqft costs approximately $432,057 to $432,057. Iron Gate, VA includes 1 ZIP codes and it is located in Alleghany county. The lowest prices are found in ZIP 24448, while the highest are in ZIP 24448. The average price per sqare feet is $183. Our analysis is based on 23 property listings.

Avergage prices by ZIP codes Iron Gate

24448175 $ / ft²




Historical development of home values in Iron Gate

Year Estimated value (USD) Change vs. 2025
2010 $206,793 -53.6%
2011 $198,797 -55.4%
2012 $198,261 -55.5%
2013 $205,672 -53.8%
2014 $215,899 -51.5%
2015 $226,979 -49.0%
2016 $238,825 -46.4%
2017 $251,715 -43.5%
2018 $265,631 -40.3%
2019 $277,948 -37.6%
2020 $292,317 -34.4%
2021 $332,479 -25.3%
2022 $387,596 -13.0%
2023 $408,738 -8.2%
2024 $432,384 -2.9%
2025 $445,274 0.0%

Graph: estimated home values in Iron Gate over time (USD)



Example: 100% financing house in Iron Gate

Loan amount: $445,274

Interest rate: 6.00%

Fixed monthly payment: $2,669.64

Breakdown in the 1st month:
Interest portion: $2,226.37  –  Principal portion: $443.27

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $26,567.69 $5,468.02 $439,805.98
2 $26,230.44 $5,805.27 $434,000.71
3 $25,872.38 $6,163.33 $427,837.38
4 $25,492.24 $6,543.47 $421,293.91
5 $25,088.66 $6,947.06 $414,346.86
6 $24,660.18 $7,375.54 $406,971.32
7 $24,205.27 $7,830.44 $399,140.88
8 $23,722.30 $8,313.41 $390,827.47
9 $23,209.55 $8,826.16 $382,001.31
10 $22,665.17 $9,370.54 $372,630.77
11 $22,087.22 $9,948.49 $362,682.28
12 $21,473.62 $10,562.09 $352,120.19
13 $20,822.17 $11,213.54 $340,906.65
14 $20,130.54 $11,905.17 $329,001.48
15 $19,396.26 $12,639.45 $316,362.03
16 $18,616.69 $13,419.03 $302,943.01
17 $17,789.03 $14,246.68 $288,696.33
18 $16,910.33 $15,125.39 $273,570.94
19 $15,977.43 $16,058.29 $257,512.65
20 $14,986.99 $17,048.73 $240,463.93
21 $13,935.46 $18,100.25 $222,363.67
22 $12,819.07 $19,216.64 $203,147.04
23 $11,633.83 $20,401.88 $182,745.16
24 $10,375.49 $21,660.22 $161,084.94
25 $9,039.53 $22,996.18 $138,088.76
26 $7,621.18 $24,414.53 $113,674.23
27 $6,115.35 $25,920.37 $87,753.87
28 $4,516.63 $27,519.08 $60,234.79
29 $2,819.32 $29,216.39 $31,018.40
30 $1,017.32 $31,018.40 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Iron Gate, VA


1500 sqft3900 sqft
Ø selling price$332,145$706,563
Ø fast selling$301,950$635,907
Ø high price sale$362,341$777,220

In 2026, houses in Iron Gate, VA will be offered at an average price of $183 per square foot. A 1,500 sqft home priced at $332,145 is 22.66% more expensive per square foot than a 3,900 sqft home priced at $706,563. Home prices in Iron Gate, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $489,160. Sellers who can wait longer may achieve a higher price of up to $597,861.


Discover Iron Gate, VA

Iron Gate, VA is a small town in Alleghany County nestled along the Jackson River at the headwaters of the James River.

Known for its Blue Ridge Mountains scenery and Alleghany Highlands setting, Iron Gate, Virginia offers quiet small-town charm with easy outdoor access.

History & Location

The town grew alongside the railroad and nearby ironworks, giving Iron Gate its distinctive name.

Conveniently located just north of Clifton Forge on US Route 220, it serves as a peaceful base for exploring western Virginia.

Outdoor Recreation

Anglers, paddlers, and birders enjoy the Jackson River for trout fishing, kayaking, and wildlife watching in the George Washington and Jefferson National Forests.

Nearby trails and scenic byways showcase waterfalls, ridgelines, and panoramic overlooks ideal for hiking, cycling, and leaf-peeping.

Community & Lifestyle

Residents value a friendly, close-knit community with local churches, parks, and seasonal events that celebrate Alleghany Highlands traditions.

Low traffic, accessible services in neighboring towns, and a relaxed pace make Iron Gate VA appealing to families, retirees, and remote workers.

Travel & Nearby Attractions

Travelers can reach arts, dining, and supplies in Clifton Forge and Covington,
and enjoy day trips to Douthat State Park, the Shenandoah Valley, and scenic sections of the Blue Ridge Parkway.

Whether you are planning a weekend getaway or researching relocation, Iron Gate, Virginia delivers authentic mountain-town experiences year-round.



FAQ – Home Values in Iron Gate

What is the median home value in Iron Gate in 2026?

In 2026, the typical home value in Iron Gate is about $445,274 for an average home size of 2441 square feet. This corresponds to an average price of roughly $183 per square foot.

What is the average cost per square foot in Iron Gate?

In 2026, homes in Iron Gate sell for an average of around $183 per square foot, with a typical range between $177 and $177 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Iron Gate is about 2441 square feet, with an estimated 2026 value around $445,274.



Locations close to Iron Gate, VA

Lexington, VA75 $ / ft²
Low Moor, VA77 $ / ft²
Mc Dowell, VA85 $ / ft²
Hot Springs, VA226 $ / ft²
Head Waters, VA162 $ / ft²
Grottoes, VA144 $ / ft²
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