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Featured local agent — Gloucester Point, VA
Sarah Mitchell
Compass Real Estate · Gloucester Point, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Gloucester Point, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$372,000median sale price
How is the Gloucester Point, VA housing market right now?
The median home sale price in Gloucester Point, VA is $372,000, down 6.3% year-over-year. Homes sell in an average of 38 days with 37 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Gloucester Point a buyer's or seller's market?
Gloucester Point, VA is currently a seller's market, based on 2.8 months of supply and homes selling in about 38 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
38
Average pace
Active listings
37
2.8 months supply
Sale-to-list
99.6%
Below asking
What does the Gloucester Point housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $372,000 |
| Median list price | $491,750 |
| Year-over-year price change | -6.3% |
| Average days on market | 38 days |
| Active inventory | 37 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $209/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 16 |
| Listings with a price cut | 24.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Gloucester Point by property type?
How the Gloucester Point, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $380,900 | $240/sq ft | 10 | 40 days |
| Condo / Co-op | $320,000 | $193/sq ft | 2 | 37 days |
| Townhouse | $372,000 | $198/sq ft | 1 | 27 days |
Source: Redfin · Updated monthly
The Gloucester Point housing market is currently classified as a seller's market with a median sale price of $372,000. Prices have fallen 6.3% compared to last year, with homes spending an average of 38 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Gloucester Point
There are currently 37 homes listed for sale in Gloucester Point, Virginia. The median listing price is $492K.
Active listings
37
Homes on market
Median list price
$492K
Avg. days on market
38
Days until sale
New this week
16
Newly listed
Who lives in Gloucester Point?
Population
11,159
Median income
$71,589/yr
Median age
40.9 years
Owner-occupied
68.8%
College grads
24.9%
Avg commute
36.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Gloucester Point?
Zillow home value
$355,714
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Gloucester Point?
Gloucester Point is a community of approximately 11K residents with a median age of 40.9 years.The median household income is $71,589, which represents a working-class community with solid middle-income opportunities. 24.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 36.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Gloucester Point offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Gloucester Point, VA?
Want a head-to-head view? Compare Gloucester Point side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Gloucester Point?
The median home sale price in Gloucester Point is $372,000, down 6.3% from last year.
How long do homes stay on market in Gloucester Point?
Homes typically spend 38 days on market before going under contract.
What is the median income in Gloucester Point?
The median household income is $71,589 per year.
Is Gloucester Point a buyer's or seller's market?
With 2.8 months of supply, Gloucester Point is currently a seller's market.
What is the Zillow home value estimate for Gloucester Point?
The Zillow Home Value Index (ZHVI) for Gloucester Point is $355,714, representing the typical home value in the area.
What is the median condo price in Gloucester Point?
The median condo/co-op sale price in Gloucester Point, VA is $320,000, compared to $380,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Gloucester Point?
The median single-family home price in Gloucester Point, VA is $380,900 (about $240 per square foot).
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