Is Gloucester County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Gloucester County has remained a Seller's Market.
How much do homes in Gloucester County, VA cost?
Median Sold Price
$310,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
Median Sold Price By Bedroom Count
# BEDS | May 2022 | May 2023 | % |
---|---|---|---|
1 Bedroom | $158.8K | $405.4K | +155.3% |
2 Bedrooms | $208.7K | $255K | +22.2% |
3 Bedrooms | $285.6K | $300K | +5.0% |
4 Bedrooms | $370K | $414.9K | +12.1% |
5+ Bedrooms | $449.9K | $402.5K | -10.5% |
Median Sold Price Compared To Nearby Counties
Mathews County | $335K | $386.8K | +15.5% |
Middlesex County | $347.7K | $365K | +5.0% |
Gloucester County | $297.5K | $310K | +4.2% |
King and Queen County | $285K | $253.5K | -11.1% |
How many homes are available in Gloucester County, VA?
Number of Homes For Sale
Apr 2023 | May 2023 | % |
---|---|---|
251 | 259 | +3.2% |
Homes For Sale By Bedroom Count
# BEDS | Apr 2023 | May 2023 | % |
---|---|---|---|
1 Bedroom | 0 | 3 | +100.0% |
2 Bedrooms | 24 | 18 | -25.0% |
3 Bedrooms | 151 | 156 | +3.3% |
4 Bedrooms | 55 | 61 | +10.9% |
5+ Bedrooms | 21 | 21 | 0.0% |
Number of Homes Sold
Apr 2023 | May 2023 | % |
---|---|---|
74 | 71 | -4.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
How long does it take to sell a home in Gloucester County, VA?
How long does it take to sell a home in Gloucester County, VA?
Average Sale Time
May 2022 | May 2023 | % |
---|---|---|
8 Days | 24 Days | +202.9% |
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days