The East Gloucester housing market is somewhat competitive. The median sale price of a home in East Gloucester was $1.9M last month, up 78.6% since last year. The median sale price per square foot in East Gloucester is $862, up 44.5% since last year.
What is the housing market like in East Gloucester today?
In March 2024, East Gloucester home prices were up 78.6% compared to last year, selling for a median price of $1.9M. On average, homes in East Gloucester sell after 96 days on the market compared to 19 days last year. There were 7 homes sold in March this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,875,000
+78.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
East Gloucester, MA
$1,875,000
+78.6%
United States
To compare other locations to the East Gloucester and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Gloucester add value to a home.
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How hot is the East Gloucester housing market?
East Gloucester is somewhat competitive. Homes sell in 29 days.
0
100
48
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 29 days.
Hot homes
can sell for around list price and go pending in around 18 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on East Gloucester housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in East Gloucester.
Risk Factor
Flood Factor - Extreme
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
East Gloucester has an extreme risk of flooding. 578 properties in East Gloucester are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in East Gloucester. Flood risk is increasing faster than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
East Gloucester has a minor risk of wildfire. There are 80 properties in East Gloucester that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in East Gloucester.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
East Gloucester has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. East Gloucester is most at risk from hurricanes. 2,737 properties in East Gloucester have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 125 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 143 mph.