Gloucester County Real Estate Market Sees Home Sales Decline

The Gloucester County market stayed sluggish this week as sales dropped 22.4% to land at 38 homes sold over the last 30 days. In comparison, nearby James City County had 189 sales in the same time frame, the most of all neighboring counties. Prices are rising in Gloucester County, and the median sales price this period increased from $197,500 to $198,750. Gloucester County is a definite buyer's market, thanks to a big 13 months of inventory to choose from and a pullback in sales.

Trying to find a home in Gloucester County that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$1.8M   $3.7M   $685K  

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

Demographic facts about Gloucester County:

  • The population growth rating is 69. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 135.7 per 100,000 people.
  • The health cost index score in this area is 100.7. (100 = national average)
  • 79.7% of the residents travel to work in an automobile, 12.3% via carpool, and 1.0% by way of public transit.

Data reported through 1/11/2017

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Welles Bowen Realtors
Snapped 1 home in this area

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