Gloucester County, Virginia Housing Market Prices
Gloucester County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 30% below the Virginia median$180,357
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Median rent 31% below the Virginia median$1,096
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Gloucester County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $180,357 | $256,082 | $248,835 |
| Price Trend (Annual %) | 0.2% | 3.5% | 7.5% |
| Median Gross Rent | $1,096 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 2.8% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Gloucester County is about 30% lower than in Virginia. Rent is about 31% lower than the Virginia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Gloucester County, up about 0.2% and 2.8% a year respectively. Rent is changing faster.
Median rent in Gloucester County rose about 25.6% between 2015 and 2024, from $872 to $1,096. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in Gloucester County.
Buying the median-priced home in Gloucester County costs roughly 13.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Gloucester County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Gloucester County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $180,357 | $256,082 | $248,835 |
| Median Household Income | $83,842 | $93,527 | $80,455 |
| Price-to-Income Ratio | 2.2 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Gloucester County fell about 56.8%, while median household income rose about 39.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Gloucester County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.9% | 61.5% | 58.5% |
| Rental Rate | 17.3% | 29.8% | 31.2% |
| Vacancy Rate | 11.8% | 8.7% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Gloucester County has a homeownership rate of 70.9%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 11.8%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Gloucester County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.57 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1987 | 1982 | 1978 |
| Median Number of Rooms | 6.1 | 6.0 | 5.5 |
The typical housing unit in Gloucester County was built around 1987. On average, 2.6 people live in a home with about 6.1 rooms, staying for about 17.0 years on average.
Gloucester County, VA Housing Compared With Nearby Counties
Gloucester County, VA is the 3rd largest of the 4 counties compared here, 39,526 residents against a local median of 71,005. Where Gloucester County, VA breaks from the counties next to it is median home price, sitting 56% below the local median of $408,474 at $180,357.
Median rent tells the same story from another angle: $1,096 against a local median of $1,552, 29% below it. The counties themselves spread $179,698 on median home price, so Gloucester County, VA sits at one end of an already wide local range rather than apart from it. Gloucester County, VA has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Gloucester County, VA | 39,526 | $180,357 #4/4 | $1,096 #3/4 | 80.4% #2/4 |
| York County, VA | 71,005 | $412,950 | $1,826 | 71.6% |
| Mathews County, VA | 8,540 | $233,252 | $1,032 | 84.0% |
| James City County, VA | 81,013 | $408,474 | $1,552 | 76.7% |
Frequently Asked Questions
Common questions about the housing market in Gloucester County, Virginia.
What is the median home price in Gloucester County, Virginia?
The median home price in Gloucester County, Virginia is $180,357, lower than the Virginia average of $256,082.
What is the average home price in Gloucester County, Virginia?
The typical home price in Gloucester County, Virginia, reported as the median sale price, is $180,357. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Gloucester County, Virginia?
The median gross rent in Gloucester County, Virginia is $1,096 per month, lower than the Virginia average of $1,579.
What was the median gross rent in Gloucester County in 2020?
In 2020, the median gross rent in Gloucester County, Virginia was $1,045 per month.
What is the price-to-rent ratio in Gloucester County, Virginia?
The price-to-rent ratio in Gloucester County, Virginia is about 13.7, meaning it would take roughly 13.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Gloucester County.
Are home prices or rent rising faster in Gloucester County, Virginia?
Both home prices and rent are rising in Gloucester County, up about 0.2% and 2.8% a year respectively. Rent is changing faster.
What is the homeownership rate in Gloucester County, Virginia?
70.9% of households in Gloucester County, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in Gloucester County, Virginia?
The housing vacancy rate in Gloucester County, Virginia is 11.8%, higher than the Virginia average of 8.7%.
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