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Cheap Homes in Gloucester, VA

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Gloucester, VA Foreclosures

Current Market Conditions in in Gloucester, VA As of April 2026?
Over the past month, Gloucester's real estate market has remained stable, with a consistent number of homes listed and sold. There has been a slight uptick in interest from out-of-state buyers, likely drawn in by the area’s scenic properties and lower cost of living compared to urban centers. The average selling price has increased modestly, indicating a market that remains competitive for attractive listings.
How much do homes sell for in Gloucester, VA?
The average home price is currently $407,293.
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 $17,457,456.
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, is a picturesque town by the water, offering a blend of history, community, and outdoor recreation. Residents enjoy a slower pace of life, surrounded by nature and friendly neighbors. With strong educational opportunities and vibrant local events, Gloucester is an ideal place for families and professionals alike.

Buyer vs Seller Market in Gloucester, VA

The real estate market in Gloucester has seen a steady increase in demand, especially for waterfront properties. A mix of older homes and new constructions offers a diverse selection for potential buyers. Recently, there has been a notable rise in families relocating to the area, seeking a quieter lifestyle with access to nature and good schools. The average home price is on the rise, reflecting the desirability of this picturesque community.

Home Value Estimator For Gloucester, VA

There are currently 10,217 real estate properties in Gloucester, VA, with a median automated valuation model (AVM) price of $352,000.00. 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 $407,293.00, with the most expensive house in Gloucester, VA, topping out at $17,457,456.00 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.

Cheap Homes in Gloucester, VA


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