The housing market in 23072 Gloucester Point, VA is steadily growing. According to recent statistics, the median value of a house in this area is $307,600, significantly lower than the US median of $338,100. However, its one-year appreciation rate of 13.79% outpaces the US average of 8.27%. This suggests that housing values in Gloucester Point are rising faster than the national trend and could be a great investment for those looking for a suburban home with potential for growth over time.
The median home cost in Gloucester Point (zip 23072) is $307,600. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Gloucester Point (zip 23072) is up 13.8%.
Average Age of Homes
- The median age of Gloucester Point (zip 23072) real estate is 34 years old
The Rental Market in Gloucester Point (zip 23072)
- Renters make up 18.8% of the Gloucester Point (zip 23072) population
- 0.9% of houses and apartments in Gloucester Point (zip 23072), 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.