Housing in Gate City, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$125,000
Median List Price
$49,000
Price Per Sq Ft
$92
Days on Market
233
Active Inventory
6
Months of Supply
6.0
Balanced market
Zillow Home Value
$166,339
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
89.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$92
Median List $/SF
$24
Gate City vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Gate City is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$158,400
Median Rent
$600
Total Housing Units
1,127
Vacancy Rate
22.1%
Owner Occupied
72.8%
Renter Occupied
27.2%
Median Property Tax
$1,038
per year
Monthly Cost (w/ Mortgage)
$684
Housing Types
The current median sale price in Gate City, VA is $125,000 according to Redfin data. Homes spend a median of 233 days on the market. 0.0% of homes sold above asking price. The market has 6.0 months of supply. The median price per square foot is $92. The median rent is $600 per month (Census ACS). About 72.8% of housing units are owner-occupied. The median year homes were built is 1965. There are 1,127 total housing units.