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Featured local agent — Southern Gateway, VA
Sarah Mitchell
Compass Real Estate · Southern Gateway, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Southern Gateway, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$425,300median sale price
How is the Southern Gateway, VA housing market right now?
The median home sale price in Southern Gateway, VA is $425,300. Homes sell in an average of 3 days with 3 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Southern Gateway a buyer's or seller's market?
Southern Gateway, VA is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 3 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
3
Fast-moving
Active listings
3
1.5 months supply
Sale-to-list
103.0%
Above asking
What does the Southern Gateway housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $425,300 |
| Median list price | $399,900 |
| Average days on market | 3 days |
| Active inventory | 3 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 103.0% |
| Median price per sq ft | $226/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Southern Gateway by property type?
How the Southern Gateway, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $425,300 | $226/sq ft | 2 | 3 days |
| Townhouse | $359,000 | $174/sq ft | 1 | 44 days |
Source: Redfin · Updated monthly
The Southern Gateway housing market is currently classified as a strong seller's market with a median sale price of $425,300. Prices have fallen 0.0% compared to last year, with homes spending an average of 3 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Southern Gateway
There are currently 3 homes listed for sale in Southern Gateway, Virginia. The median listing price is $400K.
Active listings
3
Homes on market
Median list price
$400K
Avg. days on market
3
Days until sale
New this week
3
Newly listed
Who lives in Southern Gateway?
Population
2,224
Median income
$94,383/yr
Median age
32.6 years
Owner-occupied
35.1%
College grads
29.9%
Avg commute
31.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Southern Gateway?
Southern Gateway is a community of approximately 2K residents with a median age of 32.6 years.The median household income is $94,383, which reflects a relatively affluent area with strong earning potential. 29.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 35.1%, showing a blend of owner and renter-occupied properties. The average commute time is 31.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Southern Gateway offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Southern Gateway, VA?
Want a head-to-head view? Compare Southern Gateway side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Southern Gateway?
The median home sale price in Southern Gateway is $425,300, down 0.0% from last year.
How long do homes stay on market in Southern Gateway?
Homes typically spend 3 days on market before going under contract.
What is the median income in Southern Gateway?
The median household income is $94,383 per year.
Is Southern Gateway a buyer's or seller's market?
With 1.5 months of supply, Southern Gateway is currently a strong seller's market.
How much does a single-family home cost in Southern Gateway?
The median single-family home price in Southern Gateway, VA is $425,300 (about $226 per square foot).
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