Single-family Foreclosures in Gloucester, NC 28528

Current Market Conditions in Gloucester, NC

The real estate market in Gloucester is currently experiencing steady growth, with demand for properties increasing as more individuals are drawn to its idyllic lifestyle. Home prices are on the rise, but there remain affordable options for first-time buyers, making it a promising area for investment.

Investors can expect a mix of single-family homes and potential land opportunities in Gloucester, which can be appealing for both residential and rental purposes. The increasing interest in this peaceful locale indicates that securing property here could yield long-term benefits.

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.