Foreclosure Homes in Gloucester Point, VA

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View this home at Camp Okee Dr Gloucester Point VA 23062
$246,477 EMV

3 Bed | 2 Bath | 1,296 Sq. Ft.

View this home at Villa Ct Gloucester Point VA 23062
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Home Value Estimator For Gloucester Point, VA

There are currently 936 real estate properties in Gloucester Point, VA, with a median automated valuation model (AVM) price of $315,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gloucester Point, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gloucester Point, VA, is $350,342.00, with the most expensive house in Gloucester Point, VA, topping out at $2,000,000.00 and the cheapest home in Gloucester Point, VA, clocking in at $110,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Gloucester Point, VA!

Rent Prices In Gloucester Point, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gloucester Point, VA, is on a rollercoaster ride. The average rent price in Gloucester Point, VA, is $1,385.00. Indeed, when looking to rent in Gloucester Point, VA, you can expect to pay as little as $800.00 or as much as $2,390.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Gloucester Point, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Gloucester Point, VA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Gloucester Point, VA area at Get information on foreclosure homes for rent, how to buy foreclosures in Gloucester Point, VA and much more. Save thousands at closing with home foreclosure listings in Gloucester Point, VA — up to 75% off market value!

Top Reasons To Live In Gloucester Point, VA In 2023

Gloucester Point is located in Gloucester, Virginia, with an estimated municipal population of 9,854 residents. All of the best foreclosed homes for sale in Gloucester Point are located in the following zip code areas on 23062 23072 23018 23131 23184. The estimated population per square kilometer (.62 miles) in Gloucester Point is 404.

Cost Of Living In Gloucester Point, VA

So, about how much do homes cost in Gloucester Point? The most recent median value of resident-owned homes in Gloucester Point is 240,119. An estimated 73.3 percent of households in Gloucester Point own their homes, with an average family size of 2.92. The median household income in Gloucester Point is 62,153, with24.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gloucester Point, the median commute time of resident workers (in minutes) is 26.9. And last, but certainly not least, are you looking for homes to rent in Gloucester Point? If so, the average rent price paid by renters in Gloucester Point is 1,086, according to recent statistics.

Diversity And Demographics In Gloucester Point, Virginia

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Gloucester Point, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Gloucester Point is 44.6, split between 45.5 percent male versus 54.5 female. The percentage of residents who report being married in Gloucester Point is 56.5, with an average family size of 2.92.

The percentage of residents who report their race in Gloucester Point is as follows:

White 88%
Black / African American 7.6%
Asian 0.4%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.9%
Other 0%

Looking for family-friendly neighborhoods in and/or near Gloucester Point? Or maybe you are searching for 55+ active adult communities in and/or near Gloucester Point?

The percentage of residents who report their age in Gloucester Point is as follows:

Under 10 12%
Aged 10-19 10.5%
20s 11.4%
30s 11.6%
40s 11.8%
50s 16.7%
60s 14.3%
70s 8.9%
80+ 2.7%

Best Schools In Gloucester Point, Virginia

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Gloucester Point with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Gloucester Point.

Pros And Cons Of Living In Gloucester Point, Virginia

How do you know that living in -- or moving to -- Gloucester Point is right where you need to be? Perhaps you grew up in Gloucester Point or already live nearby; therefore, the decision to buy a home in Gloucester Point is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Gloucester Point for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Gloucester Point:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Gloucester Point.

Reasons To Move To Gloucester Point, Virginia, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Gloucester Point can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Gloucester Point, meanwhile, can field multiple offers from more qualified buyers.

Gloucester Point, VA Foreclosures


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