24251 Home Values & Market Trends
There are 70 homes currently listed for 24251. 24251 real estate market trends show that home prices range from $34,900 to $489,999, and the median sales price in the 24251 zip code is $199,041. The total number of properties sold within the past twelve months is 116. In 24251, 1 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
Housing Market Summary for 24251
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $275K | $275K | - |
| Median Sold Price | $183.8K | $137.2K | -25.36% |
| Homes For Sale | 73 | 69 | -5.48% |
| Homes Sold | 70 | 50 | -28.57% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 24251
Browse Homes in 24251
The median list price of a home in Gate City, is $199,041. A total of 70 properties are for sale, and the percentage of properties for sale in the zip code is 70.00%. The total count of 24251 properties is 118.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 24251 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 24251; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 24251 ranges from the highest value of $185,324 in gate city to the lowest value of $185,324 in gate city. Bank owned homes and properties account for 0.85% of properties in 24251. There is 1 cities within 24251; gate city containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 24251. Auction homes and other auction properties account for 0% of all properties in 24251. There is 1 cities within 24251; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for 24251
Guide for 24251
Virginia Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.