Skip to main content

VA area data

Gate city, VA

Gate city, VA.

Population: 7,937 (Census ACS)

Home values & appreciation

Median home value
$175,890
1-year appreciation
+4.7%
3-year appreciation
+19.4%
5-year appreciation
+46.0%
10-year appreciation
+111.2%
All-time peak (2026-07)
$175,890
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$210,000
Median list price
$224,950
Median days on market
90 days
Sale-to-list ratio
95.6%
Active listings
34
1-year forecast
+4.0%
New listings (monthly)
10

Rents

2-bedroom fair-market rent (HUD reference)
$1,335/mo
3BR fair-market rent
$1,735/mo

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
6
Elementary schools
2
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
landslide

Climate (30-year normals)

Average annual temperature
58.0°F
Average high
69.0°F
Average low
47.0°F
Annual precipitation
48.6 in

Walkability & transit

Walkability index
8.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Andrew Johnson National Historic Site (37 mi)
Nearest airport
Darnell's Field (11 mi)
Nearest major airport
Tri-Cities Regional TN/VA Airport (TRI) (17 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
-39 tax filers

Housing stock

Median year housing built
1,972
Median annual property tax
$998
Mean commute to work
24 min
Households with broadband internet
66.9%

Employment & development

Total county employment
3,511
Average weekly wage
$812
Top industries (by employment)
Administrative Services, Other Services, Construction
Annual residential building permits (county)
22

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents