How much does it cost to buy a house in Gloucester, VA?

In May 2026 Gloucester homes were listed to buy for a median price of $455K, The median value of a home listed to buy in Gloucester in May 2026 was $217 per sqft, which is a 5% decrease to April 2025 last month, and a 4% decrease to May 2025 last year.

Is it affordable or expensive to live in Gloucester, VA?

It is expensive to live in Gloucester. Buying a home in Gloucester is 1% more expensive compared with the national average.

Is it a good time to buy property in Gloucester, VA?

Yes now is a good time to buy property in Gloucester, in May 2026, homes in Gloucester have decreased in value (price per sqft) by 4% in the last year compared with May 2025.

Is the Gloucester, VA housing market slowing down?

The housing market in Gloucester is slowing down. In May 2026, homes to buy in Gloucester spent an median 42 days on the market, a 14% decrease from May 2025 last year.

What are the best and safest places to live in Gloucester, VA?

The best and safest neighborhoods to live in Gloucester in May 2026 are Holly Hills, Port Anne, Jamestown Road, Counselors Close, Riverside, James Landing, Port Warwick, Fox Hill, Colony Pines, Farmington, West Ocean View, Kiln Creek, Willow Oaks, Hilton Village, Windsor Great Park, Buckroe Beach, Wythe, Windward Towers, Lees Mill, Courthouse Green

How much money should I make to buy a house in Gloucester, VA?

In May 2026, Gloucester homes were listed to buy for a median price of $455K, with 25% down you would need $2.46K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $84.5K.

Is it a good time to sell my house in Gloucester, VA?

Yes now is a good time to sell your house in Gloucester, in May 2026, homes in Gloucester have decreased in value (price per sqft) by 4% in the last year compared with May 2025.