City:

Gate City, VA

Gate City is a city in the state of virginia with a population of roughly 8,275. It is in Scott County, Virginia the Kingsport-Bristol-Bristol, TN-VA core-based statistical areas (CBSA), and the Johnson City-Kingsport-Bristol, TN-VA combined statistical area (CSA).Its Zip codes include 24251 .

The Changing Face of Gate City: Trends in Home Prices

Gate City, Virginia is a small town located in the Shenandoah Valley of Virginia. The population of Gate City was just over 2,000 as of the 2010 census. The town is located at the junction of U.S. Route 211 and State Route 664, which makes it an important transportation hub for the region.

The economy of Gate City is based largely on agriculture and tourism. The town's main industries are poultry farming and winemaking, with a small number of other businesses also based in Gate City. There are several hotels and restaurants in Gate City, as well as a few retail stores. The primary source of income for most residents is employment in nearby towns or in Washington D.C..

Real estate in Gate City is dominated by single-family homes and small apartment complexes. There are a few commercial properties scattered throughout the town, but they are generally limited to businesses that serve local residents rather than tourists or commuters from larger cities nearby. The average price for a home in Gate City was $119,000 as of May 2016, while the average price for an apartment complex was $60 per square foot.

Price Index: Kingsport-Bristol, TN-VA

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