House Prices

House Prices & Home Values Gate City, VA 2026


Average Data

average house price$170,884
average size per house2218 ft²
average price per ft²78 $ / ft²

04/05/2026 - The value range (VR) for house prices in Gate City, VA is $85/ sqft to $85/ sqft. An average home with 2218 sqft costs approximately $188,530 to $188,530. Gate City, VA includes 1 ZIP codes and it is located in Scott county. The lowest prices are found in ZIP 24251, while the highest are in ZIP 24251. The average price per sqare feet is $78. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Gate City

2425186 $ / ft²




Historical development of home values in Gate City

Year Estimated value (USD) Change vs. 2025
2010 $79,362 -53.6%
2011 $76,293 -55.4%
2012 $76,087 -55.5%
2013 $78,931 -53.8%
2014 $82,856 -51.5%
2015 $87,109 -49.0%
2016 $91,654 -46.4%
2017 $96,601 -43.5%
2018 $101,942 -40.3%
2019 $106,669 -37.6%
2020 $112,183 -34.4%
2021 $127,596 -25.3%
2022 $148,749 -13.0%
2023 $156,862 -8.2%
2024 $165,937 -2.9%
2025 $170,884 0.0%

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



Example: 100% financing house in Gate City

Loan amount: $170,884

Interest rate: 6.00%

Fixed monthly payment: $1,024.54

Breakdown in the 1st month:
Interest portion: $854.42  –  Principal portion: $170.12

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,195.96 $2,098.48 $168,785.52
2 $10,066.53 $2,227.90 $166,557.62
3 $9,929.11 $2,365.32 $164,192.30
4 $9,783.23 $2,511.20 $161,681.10
5 $9,628.34 $2,666.09 $159,015.01
6 $9,463.90 $2,830.53 $156,184.48
7 $9,289.32 $3,005.11 $153,179.37
8 $9,103.97 $3,190.46 $149,988.91
9 $8,907.19 $3,387.24 $146,601.67
10 $8,698.27 $3,596.16 $143,005.51
11 $8,476.47 $3,817.96 $139,187.55
12 $8,240.99 $4,053.44 $135,134.11
13 $7,990.98 $4,303.45 $130,830.66
14 $7,725.55 $4,568.88 $126,261.78
15 $7,443.75 $4,850.68 $121,411.11
16 $7,144.58 $5,149.86 $116,261.25
17 $6,826.94 $5,467.49 $110,793.76
18 $6,489.72 $5,804.71 $104,989.06
19 $6,131.70 $6,162.73 $98,826.32
20 $5,751.60 $6,542.84 $92,283.49
21 $5,348.05 $6,946.38 $85,337.11
22 $4,919.61 $7,374.82 $77,962.28
23 $4,464.75 $7,829.68 $70,132.60
24 $3,981.83 $8,312.60 $61,820.00
25 $3,469.13 $8,825.30 $52,994.69
26 $2,924.80 $9,369.63 $43,625.07
27 $2,346.90 $9,947.53 $33,677.54
28 $1,733.36 $10,561.07 $23,116.47
29 $1,081.98 $11,212.45 $11,904.01
30 $390.42 $11,904.01 $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 Gate City, VA


1500 sqft3900 sqft
Ø selling price$141,571$301,158
Ø fast selling$128,701$271,043
Ø high price sale$154,440$331,274

In 2026, houses in Gate City, VA will be offered at an average price of $78 per square foot. A 1,500 sqft home priced at $141,571 is 23.07% more expensive per square foot than a 3,900 sqft home priced at $301,158. Home prices in Gate City, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $208,495. Sellers who can wait longer may achieve a higher price of up to $254,827.

FAQ – Home Values in Gate City

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

In 2026, the typical home value in Gate City is about $170,884 for an average home size of 2218 square feet. This corresponds to an average price of roughly $78 per square foot.

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

In 2026, homes in Gate City sell for an average of around $78 per square foot, with a typical range between $85 and $85 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 Gate City is about 2218 square feet, with an estimated 2026 value around $170,884.



Locations close to Gate City, VA

Haysi, VA92 $ / ft²
Hiltons, VA101 $ / ft²
Honaker, VA66 $ / ft²
Fort Blackmore, VA82 $ / ft²
Ewing, VA110 $ / ft²
East Stone Gap, VA124 $ / ft²
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