Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gloucester Point area can be challenging. Home prices in Gloucester Point are now at a median cost of $259,062, lower than the Virginia average of $323,261.
The average cost of rent is $1,011/mo in Gloucester Point, primarily driven by the current value of real estate in the Gloucester Point area. While nearly 30.65% of residents own their homes outright in Gloucester Point, 22.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gloucester Point is $5,943 per month. Households that rent pay about 17.01% of their income on rent here. Gloucester Point's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Hayes, VA: equally priced homes
- Wicomico, VA: less expensive homes
- Selden, VA: equally priced homes
- Lackey, VA: equally priced homes
- Naxera, VA: equally priced homes
- Queens Lake, VA: equally priced homes
- Seaford, VA: higher priced homes
- Clay Bank, VA: equally priced homes
- Fort Eustis, VA: less expensive homes
- Yorktown, VA: higher priced homes
Cities with Similar Populations
- Galena Park, TX: less expensive homes
- Redding, CT: higher priced homes
- Raymond, NH: equally priced homes
- Rapid Valley, SD: less expensive homes
- Port Salerno, FL: higher priced homes
- Wilmington, IL: less expensive homes
- Jasper, TX: less expensive homes
- Jamestown, TN: less expensive homes
- Jacksboro, TN: less expensive homes
- Winsted, CT: less expensive homes
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