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GLOUCESTER, VA 23061

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The GLOUCESTER, VA real estate market (23061) currently shows 87 active listings, with 24 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are selling faster, averaging 37 days on market compared to 40 days last year.

The median listing price has fallen 2.1% year-over-year, from $437,450 to $428,225.

Whether you are buying or selling in GLOUCESTER, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 23,150  ·  Density: 56.6/mi²  ·  Median household income: $92,014

Typical home value: $274,474  ·  Homeownership: 85.4%

Market Overview

Active Listings
87
⇧ 22.5% vs 71 last year
Pending
24
28% pending ratio
Median Price
$428,225
⇩ 2.1% vs $437,450 last year
Average Price
$464,157
⇩ 3.4% vs $480,612 last year
Days on Market
37
⇩ 7.5% vs 40 days last year

Price Per Square Foot

Median $/sqft
$235
⇩ 2.1% vs $240/sqft last year
Median Home Size
1,989 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 87 this year vs 71 last year
  • Days on market: 37 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $428,225 (-2.1% YoY)
  • Average: $464,157 (-3.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.8 miles — 319 listings ($194,361,147 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23061Gloucester, VA 230610.0 mi69$32,774,379$432,475$474,991
23050Dutton, VA 230508.1 mi1$595,000$595,000$595,000
23071Hartfield, VA 230719.3 mi23$14,698,725$334,250$639,075
23021Bohannon, VA 2302110.0 mi1$435,175$435,175$435,175
23025Cardinal, VA 2302510.4 mi7$3,519,600$579,500$502,800
23156Shacklefords, VA 2315610.8 mi3$899,700$299,900$299,900
23176Wake, VA 2317611.8 mi2$960,000$480,000$480,000
23001Achilles, VA 2300112.1 mi1$759,000$759,000$759,000
23062Gloucester Point, VA 2306212.4 mi4$2,370,872$569,675$592,718
23068Hallieford, VA 2306812.4 mi1$83,000$83,000$83,000
23043Deltaville, VA 2304314.1 mi24$14,388,336$499,000$599,514
23011Barhamsville, VA 2301114.4 mi6$3,125,178$439,725$520,863
23185Williamsburg, VA 2318514.8 mi177$119,752,182$515,000$676,566

Frequently Asked Questions

How many homes are for sale in GLOUCESTER, VA 23061?

As of March 2026, there are 87 active listings in GLOUCESTER, VA (zip code 23061), compared to 71 the prior year.

What is the median home price in GLOUCESTER, VA 23061?

The median listing price in GLOUCESTER, VA 23061 is $428,225 as of March 2026, a 2.1% decrease from $437,450 the prior year.

How long do homes stay on the market in GLOUCESTER, VA?

Homes in GLOUCESTER, VA 23061 spend an average of 37 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in GLOUCESTER, VA 23061?

Based on current inventory and days-on-market data as of March 2026, GLOUCESTER, VA 23061 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 40 days last year.

How much can I save on real estate commission in GLOUCESTER, VA?

With SELL123.com's maximum 3% commission, sellers in GLOUCESTER, VA 23061 save an estimated $8,565 compared to a typical 5% commission on the median listing price of $428,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.