Explore Gloucester
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Why Live in Gloucester
Gloucester, MA, a historic coastal city on the Cape Ann peninsula, is renowned for its picturesque nautical landscapes and rich maritime history. Recognized on CNN’s 2023 list of top small cities in America, Gloucester offers a quintessential New England village feel with rocky coasts and sandy shores. The city is home to the oldest seaport in the United States and a thriving fishing industry, with major companies like the Gloucester Marine Genomics Institute and Gorton’s of Gloucester. About 36 miles from Boston, Gloucester attracts both seasonal and year-round residents seeking a seaside retreat. The city boasts a vibrant art scene, housing the first art colony in America at Rocky Neck, where visitors can explore galleries, exhibitions, and workshops. Gloucester also features several parks and recreational facilities, including the Stacy Boulevard waterfront promenade, Magnolia Woods Recreational Area, and Good Harbor Beach. The Maritime Gloucester museum offers insights into the city’s fishing history, and the downtown area is a hub for shopping and dining, with cafes and restaurants serving fresh seafood and various cuisines. Housing options range from century-old cottages and Cape Cods to contemporary mansions, with prices varying significantly based on location and proximity to the water. Public transportation is available through the Cape Ann Transit Authority and the Newburyport/Rockport commuter rail line, making nearby cities like Salem and Boston accessible. Gloucester Public Schools offer various programs, and private school options are available in nearby Beverly. Summers can be hot, winters snowy, and flooding is a potential risk for waterfront properties.
Home Prices in Gloucester, MA
The median home sale price in Gloucester, MA is $710,000, up 2% year-over-year. Homes in Gloucester sell in 40 days on average, compared to the national average of 57 days.
Home Price Trends
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Median Sale Price
$710,000
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Median Single Family Sale Price
$785,000
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Median Townhouse Sale Price
$714,000
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Median 2 Bedroom Sale Price
$584,000
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Median 1 Bedroom Sale Price
$337,000
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Average Price Per Sq Ft
$530
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Number of Homes for Sale
52
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Last 12 months Home Sales
190
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Months of Supply
3.30
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Median List Price
$749,000
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Median Change From 1st List Price
2%
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Median Home Sale Price YoY Change
2%
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