All Home Types
Gloucester, MA Housing Market
What is the housing market like in Gloucester today?
In October 2024, Gloucester home prices were up 40.5% compared to last year, selling for a median price of $875K. On average, homes in Gloucester sell after 30 days on the market compared to 20 days last year. There were 25 homes sold in October this year, up from 22 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$874,900
+40.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Gloucester, MA
$874,900
+40.5%
United States
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Gloucester Migration & Relocation Trends
In Sep '24 - Nov '24, 18% of Gloucester homebuyers searched to move out of Gloucester, while 82% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Gloucester from outside metros.
- New York homebuyers searched to move into Gloucester more than any other metro followed by Hartford and Philadelphia.
Where are people moving to Gloucester from?
- 82% of Gloucester homebuyers searched to stay within the Gloucester metropolitan area.
- Portland was the most popular destination among Gloucester homebuyers followed by Lebanon and Miami.
Where are people from Gloucester moving to?
Number of People Moving to Gloucester
least
most
People are moving to Gloucester from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 4,152 | ||
| 2 | 2,245 | ||
| 3 | 1,911 | ||
| 4 | 578 | ||
| 5 | 551 | ||
| 6 | 479 | ||
| 7 | 474 | ||
| 8 | 390 | ||
| 9 | 220 | ||
| 10 | 93 | ||
People are leaving Gloucester for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 4,313 | ||
| 2 | 1,912 | ||
| 3 | 1,017 | ||
| 4 | 634 | ||
| 5 | 618 | ||
| 6 | 615 | ||
| 7 | 508 | ||
| 8 | 500 | ||
| 9 | 462 | ||
| 10 | 433 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Gloucester.
Provided by First Street Foundation
Transportation in Gloucester
Learn about the walkability, bikeability, and transit-friendliness of Gloucester
Car-Dependent
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Somewhat Bikeable
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