Gloucester, VA Foreclosures
How much do homes sell for in Gloucester, VA?
The average home price is currently $398,665.
In Gloucester, VA, how many homes are available?
There are currently 34 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 $10,467,280.
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, offers a serene waterfront lifestyle enriched with history and community spirit. Known for its outdoor activities and local charm, this town is perfect for families and nature lovers alike. Residents have access to quality schools and local amenities, with easy connectivity to larger urban areas.
Current Market Conditions in Gloucester, VA
The real estate market in Gloucester, VA, is currently showing signs of stability, with a moderate increase in home prices over the past year. The demand for homes remains steady, driven by the area's appealing lifestyle and natural surroundings. Buyers are particularly interested in waterfront properties and those with larger plots of land, which has created a competitive market for these types of listings.
In recent months, the market trend shows an increasing number of families looking to settle in Gloucester, reinforcing the area's status as a desirable location. As inventory levels fluctuate, potential buyers should prepare for quicker sales and possibly bidding wars on well-priced homes.
Home Value Estimator For Gloucester, VA
There are currently 9,658 real estate properties
in Gloucester, VA,
with a median automated valuation model (AVM) price
of $343,815.00. 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 $398,665.00, with the most expensive house
in Gloucester, VA, topping out
at $10,467,280.00 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.
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