The everyday rhythm
Downtown, East Gloucester, Magnolia, Lanesville and Annisquam each offer a different version of Cape Ann. Beach access, harbor access and the drive back to Route 128 can vary substantially within the city.
Gloucester, Massachusetts
Cape Ann living with beaches, harbor neighborhoods, a lively downtown and a coastline that changes from one cove to the next.
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Search Gloucester homesMarket update
August 2026 · Single-family residences
$762,500
Median sale price
Year to date
+3.7%
80
Homes sold
Year to date
−5.9%
83
Under contract
Year to date
−12.6%
43
Homes for sale
August 2026
+13.2%
Changes compare with the same period one year earlier.
In August 2026, Gloucester recorded 9 single-family closings, compared with 16 in August 2025. The median sale price was $549,000, compared with $805,000 a year earlier.
Through August 2026, Gloucester recorded 80 closings and a $762,500 median sale price, compared with 85 closings and $735,000 through August 2025.
At the end of August, Gloucester had 43 single-family homes for sale, compared with 38 a year earlier, and 3.9 months of inventory.
Source: Massachusetts Association of REALTORS® Local Market Update — August 2026, Gloucester, Single Family Residence. Data from Berkshire County MLS and Cape Cod & Islands Association of REALTORS®, Inc. and MLS Property Information Network, Inc.. View the Gloucester report or browse the Massachusetts Association of REALTORS® report library.
Median sales price and percent of original list price received do not account for seller concessions.
Living here
Cape Ann living with beaches, harbor neighborhoods, a lively downtown and a coastline that changes from one cove to the next.
Downtown, East Gloucester, Magnolia, Lanesville and Annisquam each offer a different version of Cape Ann. Beach access, harbor access and the drive back to Route 128 can vary substantially within the city.
Expect a mix of older single-family homes, condominiums and properties shaped by the coast. Condition, parking, outdoor space and proximity to the water can vary as much within town as asking price.
Near the shoreline, review flood exposure, insurance, drainage and past storm work early. For older homes and condominiums, inspection findings, reserves and planned exterior work deserve the same attention as the view.
Explore nearby
A short drive can change the pace, the water access and the kind of home available. Keep these nearby communities in the conversation.
Sold comparables
Closed sales are the clearest read on what buyers are actually paying in Gloucester.
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FAQ
Median home prices in Gloucester, Massachusetts shift with the season and inventory mix. A Bean Group agent can pull current comparable sales for any neighborhood within Gloucester.
Buyer demand in Gloucester, Massachusetts varies by price band and property type. A Bean Group agent can review current listing and sales activity with you before you write an offer.
Days-on-market in Gloucester fluctuates seasonally. A Bean Group agent can review the most recent sales activity with you.
Property taxes in Gloucester are set locally and reassessed periodically. Current rates are published by the municipality; a Bean Group agent can point you to the official figures for any home you're considering.
Request a free, no-obligation home valuation from a Bean Group agent. We combine recent sales data with an in-person walk-through to give you a defensible number — not an algorithmic guess.
Get in touch
Send a note and a Bean Group agent will follow up about buying or selling in Gloucester.