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Cheap Homes in Gloucester, NC 28528

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Gloucester, NC Foreclosures

How much do homes sell for in Gloucester, NC?
The average home price is currently $315,073.
What’s the average rental cost in Gloucester, NC?
The average rental price in Gloucester is $1,126.
What is the most expensive home in Gloucester?
The most expensive home sold in Gloucester had a price of $2,795,407.
What is currently the cheapest priced home in Gloucester, NC?
The cheapest home for sale in Gloucester is priced at $12,336.

Living in Gloucester, NC

Gloucester, NC is a quiet coastal community that provides a friendly environment ideal for families and retirees. Surrounded by natural beauty, the area offers a variety of outdoor activities such as fishing and hiking. The local amenities and charming shops make it a perfect location for those seeking a peaceful lifestyle.

Current Market Conditions in Gloucester, NC

The real estate market in Gloucester has shown promising growth in recent months, with an increasing demand for homes. Many buyers are attracted to the area due to its affordability and peaceful environment.

There is a balanced mix of older homes and newer constructions, appealing to various buyers, from first-time homeowners to retirees. Houses are typically on the market for a shorter duration as buyers are eager to secure properties.

Home Value Estimator For Gloucester, NC

There are currently 369 real estate properties in Gloucester, NC, with a median automated valuation model (AVM) price of $247,088.00. 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, NC, 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, NC, is $315,073.00, with the most expensive house in Gloucester, NC, topping out at $2,795,407.00 and the cheapest home in Gloucester, NC, clocking in at $12,336.00. In other words, there’s something for every potential homebuyer or savvy investor in Gloucester, NC!

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.

Cheap Homes in Gloucester, NC 28528

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