Foreclosures in Gloucester, NC 28528

Current Market Conditions in Gloucester, NC

The real estate market in Gloucester is showing a steady demand, fueled by an influx of buyers seeking charming coastal properties. Prices are moderate compared to nearby larger cities, attracting both first-time homebuyers and retirees looking for a peaceful retreat.

In recent months, there has been a noticeable uptick in new homeowners, prompting an increase in homebuilding and renovations. This growth is indicative of the area’s rising popularity and its potential for future investments.

Rent Prices In Gloucester, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gloucester, NC, is on a rollercoaster ride. The average rent price in Gloucester, NC, is $1,126.00. Indeed, when looking to rent in Gloucester, NC, you can expect to pay as little as $540.00 or as much as $2,900.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Gloucester, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.