Housing in Gloucester, MA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$725,000
Median List Price
$738,500
Price Per Sq Ft
$397
Days on Market
32
Active Inventory
34
Months of Supply
1.8
Seller's market
Zillow Home Value
$734,977
ZHVI — January 2026
Zillow Rent Index
$2,534
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
47.4%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
99.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
19
New Listings
20
Pending Sales
12
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$397
Median List $/SF
$440
Gloucester vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Gloucester is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$587,800
Median Rent
$1,395
Total Housing Units
14,630
Vacancy Rate
9.9%
Owner Occupied
63.3%
Renter Occupied
36.7%
Median Property Tax
$6,086
per year
Monthly Cost (w/ Mortgage)
$2,177
Housing Types
The current median sale price in Gloucester, MA is $725,000 according to Redfin data. Homes spend a median of 32 days on the market. 47.4% of homes sold above asking price. The market has 1.8 months of supply. The median price per square foot is $397. Zillow's observed rent index is $2,534/month. About 63.3% of housing units are owner-occupied. The median year homes were built is 1944. There are 14,630 total housing units.