Foreclosures in Gloucester Point, VA

Current Market Conditions in Gloucester Point, VA

The real estate market in Gloucester Point is currently stable, with a steady demand for homes due to its attractive location near the water and strong community spirit. There is a balanced inventory of listings, catering to various budget ranges, from charming historic homes to modern waterfront properties.

Local market trends indicate an increase in demand from out-of-state buyers seeking a peaceful retreat away from urban settings. The area continues to attract families and retirees alike, contributing to a robust housing market that is showing signs of growth.

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.