Market Report

Gloucester, MA Housing Market

The median sale price is $797,500 (+40.2% year over year). Homes are selling in a median of 32 days.

Prices & Activity

Median Sale Price

$798K

+40.2% YoY

Days on Market

32

-6 days YoY

Months of Supply

1.6

-0.6 mo YoY

Active Inventory

13

+18.2% YoY

Sale-to-List

99.2%

-0.3 pts YoY

Source: Redfin Data Center (through Jan 2026)

Median Sale Price — Gloucester, MA

Days on Market — Gloucester, MA

Growth & Supply

Population

813,054

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003) — Essex County

Median Household Income

$102K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013) — Essex County

Renter-Occupied Homes

36.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003) — Essex County

Migration — Essex County

Avg income of movers (latest year): in $105K · out $100K

IRS Statistics of Income, County-to-County Migration Data (through 2023)

Unemployment Rate — Essex County

Most recent month is preliminary and subject to revision

U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (through Jun '26)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Essex County market

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