Sales Fall in Gloucester Courthouse Real Estate Market

The Gloucester Courthouse market pulled back with a 60.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 5.0 monthly average with two homes sold. Within the same time frame, Newport News had 142 sales, the most of all cities in the area. The median sales price climbed to $202,500, up from last week's $179,000. Gloucester Courthouse is a definite buyer's market, due to a big 19 months of inventory left and aided by the dip in sales.

If you're looking for a more established home, then be sure to see these listings in Gloucester Courthouse that were built before most others in the market:

$249K   $213K   $142K  

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

Demographic facts for Gloucester Courthouse:

  • The percentage of people who rent is 32.0%.
  • 10-year job market growth is projected to be 34.7%.
  • For every librarian there are 210 students in this area. (803 = national average)

Data reported through 1/11/2017

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