Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the East Gloucester area can be challenging. Home prices in East Gloucester are now at a median cost of $497,076, higher than the Gloucester average of $480,749.
The average cost of rent is $1,204/mo in East Gloucester, primarily driven by the current value of real estate in the East Gloucester area. While nearly 34.81% of residents own their homes outright in East Gloucester, 36.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in East Gloucester is $7,341 per month. Households that rent pay about 16.39% of their income on rent here. East Gloucester's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Salisbury Point, Amesbury Town, MA: less expensive homes
- Bowdoin Apartments, Malden, MA: higher priced homes
- Bradford, Haverhill, MA: less expensive homes
- Prattville, Chelsea, MA: less expensive homes
- Woburn Street Historic District, Reading, MA: higher priced homes
- Bryant Terrace, Malden, MA: equally priced homes
- Nobility Hill Historic District, Stoneham, MA: less expensive homes
- East Boston, Boston, MA: higher priced homes
- Day Square, Boston, MA: higher priced homes
- Frye Circle, Andover, MA: higher priced homes
Neighborhoods with Similar Populations
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- Arbor Lodge, Portland, OR: equally priced homes
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- Belvidere, Lowell, MA: less expensive homes
- Bird Land, San Diego, CA: equally priced homes
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- West Ocean View, Norfolk, VA: less expensive homes
- Vintage, Napa, CA: higher priced homes
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- Nottingham, Katy, TX: less expensive homes
All Local Stats
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