Multi-family Foreclosures in Gloucester Point, VA 23062

Current Market Conditions in Gloucester Point, VA

The real estate market in Gloucester Point is showing signs of stability, with a balanced number of active listings and homes under contract. The demand for waterfront properties remains strong, driving interest from buyers who value the scenic views and outdoor activities available in the area.

Recently, the average days on the market have decreased slightly, indicating a faster sales pace. The area is also witnessing some new developments attracting homebuyers looking for modern amenities while retaining the charming character of the community.

Rent Prices In Gloucester Point, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gloucester Point, VA, is on a rollercoaster ride. The average rent price in Gloucester Point, VA, is $1,386.00. Indeed, when looking to rent in Gloucester Point, VA, you can expect to pay as little as $800.00 or as much as $2,370.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Gloucester Point, 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.