Gloucester, MA Home Values & Market Trends
Real estate market trends reflect that there have been 338 transactions over the past year in Gloucester. The median value for residential home transactions that occurred over the previous year is $678,149.34. The number of current listings in Gloucester is 4, and the percentage of properties for sale in the city is 4.00%. Gloucester, MA currently has 19 properties in foreclosure, 2 bank owned properties, 2 properties headed for auction, and 4 properties for sale.
Gloucester, MA Real Estate Market Overview
Zip | Median Est. Value |
---|---|
01930 | $ 812,520 $ 455/sqft |
Housing Market Summary for Gloucester, MA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $690K | $628.6K | -8.90% |
Median Sold Price | $608.4K | $628.6K | 3.32% |
Homes For Sale | 9 | 3 | -66.67% |
Homes Sold | 166 | 157 | -5.42% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Gloucester, MA
Browse Homes in Gloucester, MA
Gloucester home values range from $63,136 to $12,745,513. The median estimated value of a home in Gloucester is $678,149.34. The median list price of a home is 590,000, and the total count of properties in the city is 10,681.
- Pre-ForeclosurePre-foreclosure homes account for 0.14% of all residential properties in Gloucester, MA with 01930 containing 15 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Gloucester, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,750,267 in 01930 to the lowest home value of $456,129 in 01930.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Gloucester, MA ranges from the highest value of $825,678 in 01930 to the lowest value of $338,831 in 01930. Bank owned homes and properties account for 0.02% of properties in Gloucester, MA. There is 1 zips within Gloucester, MA; 01930 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions01930 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Gloucester, MA. Auction homes and other auction properties account for 0.02% of all properties in Gloucester, MA. There is 1 zips within Gloucester, MA; of that zips, the median estimated home value for homes going to auction ranges from $816,606 in 01930 to the lowest value of $574,250 in 01930.
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Guide for Gloucester, MA
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