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Foreclosure Homes in Gloucester, MA

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Gloucester, MA Foreclosures

Current Market Conditions in in Gloucester, MA As of February 2026?
In the past month, Gloucester has experienced a slight increase in home prices as the demand continues to outweigh the supply. Some new listings have come on the market, yet many of these homes are receiving offers quickly. Buyers are noting the need for strong offers to secure properties as the market remains competitive. Interest rates have stabilized, making it an opportune time for those looking to invest in waterfront real estate.
How much do homes sell for in Gloucester, MA?
The average home price is currently $981,782.
In Gloucester, MA, how many homes are available?
There are currently 19 active home listings available in Gloucester.
What’s the average rental cost in Gloucester, MA?
The average rental price in Gloucester is $2,153.
What is the most expensive home in Gloucester?
The most expensive home sold in Gloucester had a price of $32,428,042.
What is currently the cheapest priced home in Gloucester, MA?
The cheapest home for sale in Gloucester is priced at $10,064.

Living in Gloucester, MA

Gloucester, MA is a picturesque coastal city known for its rich maritime history and gorgeous views of the Atlantic Ocean. The area offers a variety of outdoor activities, including boating, fishing, and hiking along scenic trails. With a vibrant arts scene and numerous dining options, Gloucester is a wonderful place to both live and visit.

Buyer vs Seller Market in Gloucester, MA

The real estate market in Gloucester has shown resilience over the past year. Home prices have steadily increased due to high demand fueled by out-of-state buyers seeking coastal properties. Inventory levels remain low, contributing to a competitive market where homes often receive multiple offers. The appeal of remote work has also encouraged families to seek larger homes in more scenic locations like Gloucester.

Home Value Estimator For Gloucester, MA

There are currently 12,182 real estate properties in Gloucester, MA, with a median automated valuation model (AVM) price of $721,569.00. 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, MA, 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, MA, is $981,782.00, with the most expensive house in Gloucester, MA, topping out at $32,428,042.00 and the cheapest home in Gloucester, MA, clocking in at $10,064.00. In other words, there’s something for every potential homebuyer or savvy investor in Gloucester, MA!

Rent Prices In Gloucester, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gloucester, MA, is on a rollercoaster ride. The average rent price in Gloucester, MA, is $2,153.00. Indeed, when looking to rent in Gloucester, MA, you can expect to pay as little as $900.00 or as much as $3,660.00, with the average rent median estimated to be $2,180.00. The good news is that finding an affordable and desirable property to rent in Gloucester, MA -- 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, MA Foreclosures

Market Trend for Gloucester, MA

Total Listings Available: 19

Market Values:

Home Prices from $10,064 to $32,428,042

Average Sales Price: $981,782

Rental Values:

Rental from $900 to $3,660

Average Rent Value: $2,153 / month

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