Housing in 01930 Gloucester, MA is significantly higher than the national median value. The median value of a home in 01930 Gloucester, MA is $630,900 while the US median value for housing is $338,100. This discrepancy means that on average, homes in 01930 Gloucester, MA are worth almost double what the typical American home is worth. The US experienced a 1 year house appreciation rate of 8.27% but homes in 01930 Gloucester, MA appreciated at an even faster rate with 9.17%. This suggests that people are willing to pay more for housing in this area and it is becoming increasingly desirable as an investment opportunity.
The median home cost in Gloucester (zip 01930) is $630,900. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Gloucester (zip 01930) is up 13.0%.
Average Age of Homes
- The median age of Gloucester (zip 01930) real estate is 74 years old
The Rental Market in Gloucester (zip 01930)
- Renters make up 32.9% of the Gloucester (zip 01930) population
- 0.2% of houses and apartments in Gloucester (zip 01930), 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.