Gloucester, MA Housing Market

$734,977

3.0% 1-yr

The average Gloucester, MA home value is $734,977, up 3.0% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Gloucester Key Takeaways

Typical Home Values: $734,977

1-year Value Change: +3.0%

(Data through January 31, 2026)

Gloucester Housing Market Overview

--1-year Market Forecast

43For sale inventory(January 31, 2026)

13New listings(January 31, 2026)

--Median sale to list ratio

--Median sale price(December 31, 2025)

$805,000Median list price(January 31, 2026)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Gloucester

NameMedian ZHVI
Federal Street$572,835
Mack Park$569,246
Byfield$840,310
Montrose$820,256
Woodville$812,299
East Side$682,175
Downtown$638,507
Mount Hood$874,664
Greenwood$774,330

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Gloucester Rental Market Trends

$2,535Average rent in Gloucester(January 31, 2026)

$1,895National average rent(January 31, 2026)

3.8%Month-over-month change(January 31, 2026)

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.