Salem & the North Shore · Town guide
A working harbor city on Cape Ann with neighborhoods ranging from downtown and the waterfront to beaches and wooded areas.
Gloucester market · August 2026 year to date
| Measure | Single-family | Condo |
|---|---|---|
| Median sale price | $762,500 | $505,000 |
| Change vs. last year | ▲ 3.7% | ▼ 13.5% |
| Sales closed | 80 | 52 |
| Median days on market | 44 | 52 |
| Sale price vs. original list | 97.6% | 97.3% |
| For sale at month end | 43 | 25 |
| Months of supply | 3.9 | 3.7 |
Source: Massachusetts Association of REALTORS®, Gloucester Local Market Update (PDF, opens in a new tab) (MLS PIN data). Year-to-date figures except homes for sale and months of supply, which are for the latest month. A town median is a starting point; the right price is street by street.
Side by side · August 2026 year to date
| Town | Median single-family | Median condo | Days on market | Tax rate (FY2026) |
|---|---|---|---|---|
| Gloucester | $762,500 ▲ 3.7% | $505,000 | 44 | $9.31 |
| Manchester-by-the-Sea | $1,877,500 ▲ 42.0% | $830,000 | 72 | $8.70 |
| Hamilton | $850,000 ▼ 10.3% | $806,250 | 27 | $15.04 |
| Ipswich | $897,500 ▼ 3.8% | $675,000 | 59 | $10.78 |
| Wenham | $1,302,500 ▲ 23.9% | $1,460,000 | 58 | $15.99 |
| Beverly | $834,500 ▲ 10.7% | $495,000 | 30 | $10.81 |
Year-to-date medians from each town's MAR Local Market Update; tax rates per $1,000 from the Mass. Division of Local Services. Nearby = closest town centers among the towns I cover.
Town guide
Gloucester is a working harbor city with a lot of coastline. It has a real fishing industry, the Rocky Neck art colony, some of the North Shore's best beaches, and villages that each feel like their own place.
It's farther from Boston than most of the North Shore, and that distance is part of why coastal living can cost less here.
A quick orientation, not a ranking:
| Area | What it's like | Worth a look if you want |
|---|---|---|
| Downtown & the harbor | Working waterfront, restaurants, older homes and condos | City-center living by the water |
| East Gloucester & Rocky Neck | Harbor views, the art colony, older homes | Character and water views |
| Annisquam & Lanesville | Villages on the north side of Cape Ann | A quieter, village setting |
| Magnolia | Coastal village near the Manchester line | A small seaside neighborhood |
| West Gloucester | More rural, near Wingaersheek Beach, larger lots | Space and privacy |
Gloucester has everything from antique homes and fishermen's cottages to larger waterfront properties, plus condos downtown and in converted buildings, and two-families in the older neighborhoods. Coastal homes often need roof, gutter, drainage, and exterior work, so budget for it.
Gloucester has two MBTA commuter rail stops, Gloucester and West Gloucester, on the Newburyport/Rockport Line into North Station. Route 128 begins in Gloucester for drivers. It's one of the longer North Shore commutes, so test it at rush hour.
For public school information, see the Massachusetts Department of Elementary and Secondary Education's school and district profiles (Gloucester Public Schools).
Yes. Gloucester has two MBTA commuter rail stops, Gloucester and West Gloucester, on the Newburyport/Rockport Line into North Station.
At the median, Gloucester's single-family price was well below Marblehead's and Manchester's through August 2026.
Monthly cost calculator
Pre-filled with Gloucester's median single-family price and its FY2026 tax rate. Change anything. This is an estimate for planning, not a loan quote.
How I help in Gloucester
What homes here actually sell for, what they cost to own, and an offer strategy you can defend.
Buying with XavierA price grounded in Gloucester sales, a plan for what to fix, and a clear read on every offer.
Get a home valuationTwo- and three-families run as numbers: rents, expenses, financing, and condition.
Multifamily & investingThe median single-family sale price in Gloucester was $762,500 for August 2026 year to date, compared with $735,000 for the same period a year earlier. The median condo sold for $505,000. Source: Massachusetts Association of REALTORS® (MLS PIN data).
Single-family homes that sold in Gloucester during August 2026 year to date spent a median of about 44 days on market and sold for 97.6% of their original list price on average, according to MAR.
Gloucester's FY2026 residential property tax rate is $9.31 per $1,000 of assessed value (Massachusetts Division of Local Services). On a home assessed at the median single-family sale price, that's roughly $7,100 a year; your actual bill depends on the assessed value.
Yes. MBTA service in Gloucester: commuter rail: Gloucester, West Gloucester (Newburyport/Rockport Line). Check the MBTA's current schedules for times.
The first inspection found water getting into the living room and structural cuts in the basement. The second house had a long report too. Here's why we walked from one and bought the other.
Every older North Shore home has a long inspection report. How to tell normal maintenance from a real reason to walk, using two real Gloucester reports as the example.
MLS listings
Active and coming-soon listings in Gloucester, through my Ruuster home search. Save a search to hear about new ones as they come on.
Search provided by Ruuster via HomeBase. Open the full Gloucester search in a new tab (opens in a new tab). Listing information is deemed reliable but not guaranteed.
Buying or selling here?
Tell me what you're weighing: a street, a price range, a timeline. I'll send the recent sales that matter and what I'd watch for in Gloucester specifically.
Sources: market figures, Massachusetts Association of REALTORS®, Local Market Update (data: MLS PIN; © ShowingTime Plus); tax rate, Massachusetts Division of Local Services, Municipal Databank, Tax Rates by Class; population, U.S. Census Bureau, Vintage 2024 population estimates for cities and towns; stations, MBTA (V3 API); distance, OpenStreetMap Nominatim (town center); miles are straight-line to Boston City Hall. Numbers retrieved 2026-09-25.
Let's talk
Tell me what you're trying to do, when, and why. I'll walk you through what it would take, and tell you straight whether now makes sense and whether I'm the right person for it.