Gloucester, VA—23128
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gloucester, VA
As of Oct '25, the median home price in Gloucester, VA is $360,000, with a year-over-year change of 2.5%. This indicates that home prices in Gloucester, VA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $360,000 | 2.5% |
| Single Family | $360,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $395,000 | 4.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gloucester, VA
Gloucester, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — Gloucester, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Gloucester, VA is 24. This is a decrease of -30.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | -8.0% |
Listing Count | 8 | -33.0% |
| Listings as % of Homes | 1.9% | -33.0% |
Days on Market | 24 | -30.0% |
Demographics — Gloucester, VA
As of the latest ACS Survey released in 2023, Gloucester, VA has a population of 353, which has decreased by -50.8% over the past 5 years. Gloucester, VA is a less popular place for families, as children make up 0.0% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 34.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 353 | -50.8% |
% Under 18 | 0.0% | -100.0% |
% Seniors | 41.1% | 181.5% |
% WFH | 34.7% | 212.6% |
% w/ College Degree | 19.0% | -13.2% |
Gloucester, VA lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.2% | 1.2% |
% Black | 6.8% | -9.3% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Gloucester, VA
Gloucester, VA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Gloucester, VA
Gloucester, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,210 |
| 2 Bedroom | N/A | N/A | $1,380 |
| 3 Bedroom | N/A | N/A | $1,920 |
| 4 Bedroom | N/A | N/A | $2,290 |
Affordability — Gloucester, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $360,000 |
| Median Household Income | N/A |