Home prices
The value of the median home in Gloucester Point is $238,000. This is approximately $71,320 (23%) lower in comparison to its nearby areas.In comparison to the rest of the country it is about $20,500 (9%) higher, and compared to the city of Virginia Beach it is approximately $42,800 (15%) lower.
Rents
Gloucester Point's median rent is $1,086 a month. Compared to its surrounding areas it is about $40 (3%) higher.It is approximately $24 (2%) higher in comparison to the entire nation, and is about $281 (20%) lower in comparison to the city of Virginia Beach.
Nearby places
Yorktown
Yorktown is roughly 2 miles south of Gloucester Point. Housing prices there are substantially more expensive. The median home in Yorktown is valued at $479,200, which works out to $241,200 (50%) higher than Gloucester Point. Rent there is a little less expensive. In Yorktown the median rent is $999 a month, which is $87 (8%) lower than Gloucester Point.
Gloucester Courthouse
Gloucester Courthouse is about 9 miles north of Gloucester Point. Housing prices there are pretty similar. The median home in Gloucester Courthouse is valued at $244,300, which comes out to $6,300 (2%) higher than Gloucester Point. Rents there are a lot less expensive. Gloucester Courthouse's median monthly rent is $757, which works out to $329 (43%) lower than Gloucester Point.
Williamsburg
Williamsburg is about 9 miles west of Gloucester Point. Its housing prices are a little more expensive. Williamsburg's median home value is $306,000, which works out to $68,000 (22%) higher than Gloucester Point. The rent there is a little more expensive. Williamsburg's median monthly rent is $1,193, which comes out to $107 (8%) higher than Gloucester Point.
Newport News
Newport News is roughly 12 miles south of Gloucester Point. Housing prices there are somewhat less expensive. The median home in Newport News costs $194,000, which is $44,000 (22%) lower than Gloucester Point. Rents there are similar. The median rent in Newport News is $1,057 per month, which is $29 (2%) lower than Gloucester Point.
Poquoson
Poquoson is about 12 miles southeast from Gloucester Point. The real estate prices there are a little more expensive. Poquoson's median home price is $323,100, which is $85,100 (26%) higher than Gloucester Point. Rents there are a bit more expensive. Poquoson's median rent is $1,222 a month, which is $136 (11%) higher than Gloucester Point.
