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Foreclosures in Gloucester, VA

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5 View this home at Old Concord Ln Gloucester VA 23061
Preforeclosure
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$138,501 EMV
Old Concord Ln
Gloucester, VA 23061
Single-Family
|
2 |
1
|
742
EST. RENT: $1,102
|
AUCTION: 05-24-2024
Single-Family
|
2 |
1
|
742
View this home at Rd Gloucester VA 23061
Preforeclosure
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Rd
Gloucester, VA 23061
Single-Family
|
4 |
3
|
3,172
AUCTION: 04-03-2024
Single-Family
|
4 |
3
|
3,172
View this home at Bumpy Rd Gloucester VA 23061
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$268,664 EMV
Bumpy Rd
Gloucester, VA 23061
Single-Family
|
4 |
2.5
|
3,172
EST. RENT: $2,080
|
AUCTION: 04-03-2024
Single-Family
|
4 |
2.5
|
3,172
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Home Value Estimator For Gloucester, VA

There are currently 9,533 real estate properties in Gloucester, VA, with a median automated valuation model (AVM) price of $325,249.00. 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, 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, VA, is $373,917.00, with the most expensive house in Gloucester, VA, topping out at $4,187,038.00 and the cheapest home in Gloucester, VA, clocking in at $16,987.00. In other words, there’s something for every potential homebuyer or savvy investor in Gloucester, VA!


Rent Prices In Gloucester, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gloucester, VA, is on a rollercoaster ride. The average rent price in Gloucester, VA, is $1,371.00. Indeed, when looking to rent in Gloucester, VA, you can expect to pay as little as $600.00 or as much as $3,900.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Gloucester, 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.


Top Reasons To Live In Gloucester, VA In 2024

All of the best foreclosed homes for sale in Gloucester are located in the following zip code areas on Foreclosure.com: 23061. The estimated population per square kilometer (.62 miles) in Gloucester is 450.4.


Diversity And Demographics In Gloucester, 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, 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.

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


Best Schools In Gloucester, 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 with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Gloucester.


Pros And Cons Of Living In Gloucester, Virginia

How do you know that living in -- or moving to -- Gloucester is right where you need to be? Perhaps you grew up in Gloucester or already live nearby; therefore, the decision to buy a home in Gloucester is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Gloucester 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:

  • 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.


Reasons To Move To Gloucester, Virginia, In 2024

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

Gloucester, VA Foreclosures


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