Gloucester, MA

Balanced market-12.5% YoY

Housing market overview · Updated weekly

$645,000median sale price

Homes sold

13

Last 12 weeks

Days on market

22

Average pace

Active listings

44

3.4 months supply

Sale-to-list

99.3%

Below asking

The Gloucester housing market is currently classified as a balanced market with a median sale price of $645,000. Prices have fallen 12.5% compared to last year, with homes spending an average of 22 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Gloucester

There are currently 44 homes listed for sale in Gloucester, Massachusetts. The median listing price is $599K.

Active listings

44

Homes on market

Median list price

$599K

Avg. days on market

22

Days until sale

New this week

19

Newly listed

Price drops:11.4%of listings
Sale-to-list:99.3%

Explore nearby cities in MA

Frequently asked questions

What is the average home price in Gloucester?

The median home sale price in Gloucester is $645,000, down 12.5% from last year.

How long do homes stay on market in Gloucester?

Homes typically spend 22 days on market before going under contract.

Is Gloucester a buyer's or seller's market?

With 3.4 months of supply, Gloucester is currently a balanced market.

Get Gloucester market alerts

Weekly updates on prices, inventory, and trends. Free forever.