What is the average home price in Gloucester, VA in 2026?

As of 2026, the median home sale price in Gloucester County, Virginia is approximately $457,000, with listings averaging around $469,000. Waterfront properties on the York River, Ware River, and Piankatank River typically list between $450,000 and $900,000 or more depending on water access and acreage. Inland homes and rural properties range from $250,000 to $500,000. Contact Larry McKinney at 757-503-2544 for a current market analysis.

Who is the best real estate agent in Gloucester, VA?

Larry McKinney with Hogge Real Estate Inc. is Gloucester County's dedicated local agent, specializing in waterfront homes, land, and residential properties across Gloucester, Mathews, and Middlesex. With experience since 2019 and a construction background, Larry helps buyers and sellers navigate Eastern Virginia's unique real estate market. Reach him at 757-503-2544 or thegloucesterrealtor.com.

Is Gloucester, VA a good place to buy a home in 2026?

Yes. Gloucester County offers waterfront access, rural privacy, and proximity to military installations and Williamsburg. Home values have appreciated steadily, and the area offers significant value compared to higher-priced coastal Virginia markets. Homes average 42 days on market in 2026, making it a balanced market for both buyers and sellers.

What areas does Larry McKinney serve in Eastern Virginia?

Larry McKinney serves buyers and sellers throughout Gloucester County, Mathews County, Middlesex County, Hayes, Gloucester Point, Ware Neck, Wicomico, and surrounding Eastern Virginia communities. He is an independent agent with Hogge Real Estate Inc., located at 6800 Main St., Gloucester, VA 23061.

What are the best neighborhoods in Gloucester, VA?

Gloucester's most sought-after areas include Gloucester Courthouse, Gloucester Point near the Coleman Bridge, Hayes near Naval Weapons Station Yorktown, Holly Beach on the Piankatank River, and Ware Neck for rural acreage and privacy. Waterfront communities along the York River, Ware River, and Severn River are especially popular with buyers seeking water access and dock potential.

How long does it take to sell a home in Gloucester County, VA?

In 2026, homes in Gloucester County are averaging 42 days on market. Well-priced waterfront properties and move-in ready homes sell faster. Larry McKinney provides free comparative market analyses to help sellers price accurately and attract qualified buyers quickly. Call 757-503-2544 to get started.

Does Larry McKinney help with waterfront property in Gloucester, VA?

Yes. Waterfront property is one of Larry's specialties. He has deep knowledge of riparian rights, dock permitting through VMRC, flood zone classifications, and structural evaluation of piers and bulkheads along the York River, Ware River, Severn River, and Piankatank River. His construction background is especially valuable when evaluating waterfront homes.

What is it like to live in Gloucester, VA?

Gloucester, Virginia offers a peaceful, nature-centered lifestyle on Virginia's Middle Peninsula, about 14 miles from Yorktown and 27 miles from Williamsburg. Residents enjoy boating, fishing, crabbing, and kayaking on the York River and Chesapeake Bay. The area features Beaverdam Park, local dining on East Main Street, and community events like the Annual Daffodil Festival. It is a tight-knit, welcoming community with rural charm and easy access to Hampton Roads employment.

Gloucester VA Real Estate Market Update — August 31, 2026

I'm Larry McKinney, a real estate agent with Hogge Real Estate Inc. right here on Main Street in Gloucester, Virginia. Every Monday I pull the raw numbers for Gloucester County — Gloucester Point, Hayes, and Gloucester West — straight out of the REIN multiple listing service, and I write up what actually happened. No spin, no “now is always a great time.” Just what the market did last week and what it means if you're thinking about buying or selling in Gloucester County in the fall of 2026. Here's the week of August 24 through August 31.

This Week by the Numbers

Between August 24 and August 31, thirty-nine listings in Gloucester County changed status. Here is the breakdown:

16 new listings hit the market. Median asking price: $367,700. The range ran from $260,000 up to $899,000.
14 homes went under contract. Median price: $285,000. Those homes had been sitting an average of 58 days before a buyer signed.
4 homes closed. Median sale price: $389,925. Average time from list to close: 38 days. The range ran from $250,000 to $2,200,000.
2 listings expired without selling — after an average of 238 days on the market.

Let me be straight with you about that closed number: four sales is a small week. One $2.2 million sale pulled the average sale price up to $807,463, which is not a number you should read as “Gloucester homes are selling for $800,000.” The median — $389,925 — is the honest one. And late August is always a soft stretch. Families are getting kids into school, everybody’s squeezing in one last trip. I’d expect closings to pick back up through September.

The Real Story: New Listings Finally Slowed Down

For three straight weeks, Gloucester County was adding homes faster than it was selling them — 22, then 23, then 27 new listings. This week that dropped to 16. That’s the first real breather in a month, and it matters. When new supply outruns demand week after week, buyers get leverage. When it slows down like this, the market steadies.

Here’s the part I’d underline. The median asking price on new listings was $367,700. The median price on homes that actually went under contract was $285,000. That gap tells you exactly where the buyers are. Demand in Gloucester right now is strongest below $300,000 — and the sellers listing above $350,000 are competing for a smaller pool.

The Two Expired Listings Are the Lesson of the Week

Two listings came off the market this week having never sold. Their average time on market: 238 days. That’s roughly eight months of showings, cleaning up before strangers walk through, and payments on a house you were trying to leave.

Almost every time I see a number like that, it traces back to the first thirty days. A home priced right in Gloucester gets attention fast — one of this week’s closings went from list to contract in five days, and even that $2.2 million sale closed in sixteen. Price is what moves a house here. Not photos, not open houses, not waiting for “the right buyer.”

What This Means for Buyers

You’ve got more room than you did in the spring. Homes that went under contract this week had been listed an average of 58 days — that’s almost two months of a seller watching the calendar. A seller at day 55 is a very different negotiating partner than a seller at day 5. Ask about closing cost help. Ask for repairs. Ask about the price.

If your budget is under $300,000, you have real company — that’s where most contracts were written this week. Be ready to move quickly and go in clean. If you’re shopping between $500,000 and $900,000, the story flips: five new listings landed in that band this week and inventory up there is deeper. Take your time and be picky.

What This Means for Sellers

Fewer new listings came out this week, which means slightly less competition for you. That’s good news — but it doesn’t change the math. Your first two weeks decide everything. Price the home to where the market is today, not to what your neighbor got in 2024, and you’ll be in the group that closes in 38 days instead of the group that expires at 238.

And if you’re in the $300,000 to $400,000 range, understand what you’re walking into. Eight of this week’s sixteen new listings landed in that band — half the new inventory in the county. You need to be sharper on price and better prepared on condition than anybody else on that list.

A Builder’s Eye on the Numbers

I came to real estate from construction, and I still walk houses like a builder. The lowest new listing this week came in at $260,000 and the top at $899,000 — in Gloucester County, that spread usually isn’t about square footage. It’s about what’s behind the walls. Roof age, HVAC age, crawl space moisture, septic, and well are what separate a $260,000 house from a $400,000 house here.

That matters more than usual in this market. When a home has been sitting 58 days, buyers start negotiating on inspection findings. When I walk a house with a client, I’m telling them what a new roof or a failed drain field actually costs before we write the offer — not after the inspection report ruins the deal.

Waterfront and Land

The high end held up well this week. Five new listings came out between $500,000 and $749,999, one above $750,000, and the county’s top sale closed at $2.2 million in just 16 days. In Gloucester, that upper bracket is almost always water — the York River, Mobjack Bay, and the creeks running off them. Waterfront and land are their own market with their own rules: shoreline condition, RPA setbacks, dock permits, flood zone, and access. If you’re buying or selling on the water here, those details are the whole deal.

The Bottom Line

Gloucester County in late August 2026 is a balanced market that leans slightly toward buyers. Supply stopped climbing this week. Homes priced right still move in days. Homes priced wrong sit for eight months and come off the market. That’s the whole story.

If you want to know what your Gloucester home would actually sell for this fall — or you want someone who knows every neighborhood, road, and creek in this county walking you through your first purchase — call Larry McKinney at 757-503-2544 or visit thegloucesterrealtor.com. You work directly with me. Always.

Larry McKinney | Hogge Real Estate Inc. | 6800 Main St., Gloucester, VA 23061 | 757-503-2544

Data source: REIN (Real Estate Information Network) Area Market Survey for Areas 120 (Gloucester Point/Hayes) and 121 (Gloucester West), status changes August 24–31, 2026. Information is not guaranteed and should be independently verified for accuracy.