Gloucester, VA County is a great place to live for those looking for real estate. The median value of the housing in the county is $310,500, which is slightly lower than the US median house value of $338,100. Despite this difference in values, the county has seen a higher rate of appreciation in house prices over the past year with a change of 13.79%. This is significantly higher than the US appreciation rate of 8.27%. With rapidly increasing prices and relatively affordable costs its no wonder why people are moving to Gloucester County!
The median home cost in Gloucester County is $310,500. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Gloucester County is up 13.8%.
Average Age of Homes
- The median age of Gloucester County real estate is 32 years old
The Rental Market in Gloucester County
- Renters make up 16.9% of the Gloucester County population
- 1.1% of houses and apartments in Gloucester County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.