New Weakening in Home Sales for Gloucester City Real Estate Market

The Gloucester City market may be experiencing an extended pullback, but sales managed an uptick this week of 20.0% to 12 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Potential buyers should note that prices are coming down in Gloucester City, and for this period the median sales price slid from $102,000 to $83,500.

If you have a tight budget for your next home, begin the search with these low-cost listings in Gloucester City:

$109K   $109K   $115K  

Get started right now by checking out Gloucester City homes for sale or reviewing Gloucester City real estate trends.

Demographic facts for Gloucester City:

  • Over the past 10 years, the population has decreased 3.4%.
  • The area's safety rating is 70. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 23 minutes.

Data reported through 10/12/2016

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Ask a local expert about this area:
RE/MAX Connection
RE/MAX Hometown Realtors
10 reviews
Berkshire Hathaway
Snapped 1 home in this area

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