Gloucester, MA Housing Market: Median Home Price, Days on Market & Forecast

2025 to 2026 market report with pricing, selling speed, supply, and buyer timing insights

$815K

Median Sale Price

51

Days on Market

0.8

Months of Supply

+25.4%

YoY Change

Seller's Market

Market Type

Best Time to Buy How Long to Sell Compare Markets Find Local Agents

Best Time to Buy by Property Type in Gloucester

Gloucester is a Seller's Market

Low inventory (0.8 months) means homes sell quickly and often above asking.

Market Dashboard

Detailed Market Statistics

Price Statistics

Median Sale Price $815K
Median List Price $649K
Price per Sq Ft $422
YoY Price Change +25.4%

Sales Activity

Homes Sold (Monthly) 27
New Listings 9
Pending Sales 11
Sale-to-List Ratio 98.1%

Inventory & Timing

Active Inventory 22
Months of Supply 0.8
Days on Market 51 days
Sold Above List 19%

Best Time to Buy in Gloucester

Best Month to Buy

Apr

Typically lowest prices

Most Expensive Month

Jul

Peak pricing period

Seasonal Pattern

Spring/Summer has premium pricing

View detailed seasonal analysis →

How Long It Takes to Sell in Gloucester

Current DOM

51

days

Average DOM

38

days

Fastest

8

days

Slowest

153

days

Homes are currently selling at a normal pace in Gloucester.

View detailed selling time analysis →

Gloucester, MA Real Estate Market Analysis

The Gloucester housing market is currently characterized as a seller's market. With a median sale price of $815K and homes spending an average of 51 days on the market, sellers can expect quick sales, often at or above asking price.

Gloucester Median Home Price in 2026

The median home price in Gloucester, MA is currently $815K. Buyers can use that number as a quick benchmark for affordability, while sellers can use it to sense-check list price expectations. For better context, compare this figure with inventory levels, sale-to-list ratio, and neighborhood-level demand before making a move.

Gloucester Days on Market in 2026

Homes in Gloucester are averaging 51 days on market. That metric helps show whether listings are moving quickly or sitting long enough for buyers to negotiate. If median days on market starts falling while inventory stays tight, sellers usually gain more leverage.

Is Gloucester a Good Place to Buy a House in 2026?

Buyers should compare current pricing, inventory, and seasonal trends before making an offer. If you want the lowest typical prices, review our best time to buy in Gloucester guide. Sellers should also review our how long homes take to sell in Gloucester analysis.

What to Expect When Buying in Gloucester

With only 0.8 months of inventory, competition is fierce. Be prepared to act quickly and potentially offer above asking price to secure a home.

Should You Buy, Sell, or Wait in Gloucester?

If you are buying, watch months of supply, price cuts, and how often homes sell above list. If you are selling, focus on pricing strategy and median days on market. In a fast market, buying sooner may protect you from higher prices. In a slower market, waiting can give you more leverage and more choices.

Selling Your Home in Gloucester

Homes in Gloucester are selling at 98.1% of their list price on average. Approximately 19% of homes sell above asking price. The typical time to sell is 51 days from listing to closing. Check current real estate commission rates in Massachusetts to understand your selling costs.

Useful Next Steps

For deeper timing data, review our best time to buy in Gloucester page and our how long it takes to sell in Gloucester report. If you want boots-on-the-ground advice, connect with a local real estate agent who knows the Gloucester market block by block.

Gloucester, MA Housing Market Forecast & Predictions

Based on current trends, here is our data-driven outlook for the Gloucester real estate market heading into 2026.

Price Forecast

Prices in Gloucester are rising at 25.4% year-over-year. This pace suggests continued appreciation, though at a potentially moderating rate as inventory adjusts.

Inventory Outlook

At 0.8 months of supply, inventory remains tight. Expect competitive conditions to persist unless new listings increase significantly.

Selling Speed

At 51 days on market, homes sell at a moderate pace. Proper pricing and staging remain essential for quick sales.

Bottom line: Gloucester remains a seller's market. Buyers should work with a local agent to compete effectively, while sellers can expect strong returns. Find a Gloucester real estate agent to get personalized market advice.

You can also compare nearby markets, review monthly price trends, and track days on market to spot when negotiating power is shifting. Those signals often matter just as much as headline median prices.

Frequently Asked Questions About Gloucester Real Estate

Is Gloucester, MA a good place to buy a house in 2026?

Gloucester, Massachusetts has a highly competitive with strong demand real estate market in 2026. The median home price is $815K. Homes typically sell in 51 days. Working with a local agent helps you navigate the market and find the best opportunities.

How much does a house cost in Gloucester, MA?

The median home price in Gloucester, Massachusetts is $815K as of 2026. A local real estate agent can help you find homes within your budget and identify upcoming listings.

How long does it take to sell a house in Gloucester, MA?

Houses in Gloucester, Massachusetts typically sell in 51 days on average. Well-priced homes in desirable neighborhoods often receive offers within the first week. A top local agent can help sell your home faster and for the best price.

How much do real estate agents charge in Gloucester, MA?

Real estate agent commissions in Gloucester, Massachusetts typically range from 5-6% of the sale price, split between buyer's and seller's agents. Our free matching service connects you with vetted local agents at no additional cost to you—we're compensated through standard referral fees from the agent's existing commission.

Is Gloucester, MA good for first-time home buyers?

Gloucester, Massachusetts offers opportunities for first-time buyers, though prices may require first-time buyer assistance programs. Massachusetts offers several first-time buyer programs including down payment assistance. A local agent experienced with first-time buyers can guide you through the process and available programs.

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