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Short Sale Listings in Gloucester, VA

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Gloucester, VA Foreclosures

How much do homes sell for in Gloucester, VA?
The average home price is currently $399,266.
In Gloucester, VA, how many homes are available?
There are currently 8 active home listings available in Gloucester.
What’s the average rental cost in Gloucester, VA?
The average rental price in Gloucester is $1,371.
What is the most expensive home in Gloucester?
The most expensive home sold in Gloucester had a price of $10,482,209.
What is currently the cheapest priced home in Gloucester, VA?
The cheapest home for sale in Gloucester is priced at $21,965.

Living in Gloucester, VA

Gloucester, VA, is a picturesque town located along the Chesapeake Bay, offering a unique blend of historical charm and natural beauty. With a friendly community and a rich array of outdoor activities, it is perfect for families and nature lovers alike. The area's rich history and diverse amenities make it a desirable location for both living and visiting.

Current Market Conditions in Gloucester, VA

The current real estate market in Gloucester, VA, shows a steady demand for homes, with a mix of historical properties and new developments appealing to buyers. The coastal location continues to attract interest from those looking for vacation homes or a permanent residence by the water. Overall, the market is experiencing moderate growth, with property values reflecting the area's desirable characteristics.

Trends indicate an increase in home prices due to limited inventory and ongoing interest from out-of-state buyers. The demand for waterfront properties remains particularly high, contributing to competitive bidding situations for well-located homes.

Home Value Estimator For Gloucester, VA

There are currently 9,645 real estate properties in Gloucester, VA, with a median automated valuation model (AVM) price of $344,622.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gloucester, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gloucester, VA, is $399,266.00, with the most expensive house in Gloucester, VA, topping out at $10,482,209.00 and the cheapest home in Gloucester, VA, clocking in at $21,965.00. In other words, there’s something for every potential homebuyer or savvy investor in Gloucester, VA!

Rent Prices In Gloucester, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gloucester, VA, is on a rollercoaster ride. The average rent price in Gloucester, VA, is $1,371.00. Indeed, when looking to rent in Gloucester, VA, you can expect to pay as little as $600.00 or as much as $3,900.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Gloucester, VA -- 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.

Gloucester, VA Short Sale Listings

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