Gloucester, MA Real Estate

According to census data in the year 2000 there were 13,958 housing units in Gloucester. This represents a 6.3% growth from 13,125 in 1990.

Of those housing units, 13,004 were located in either urbanized areas or urban clusters, and 954 were located in what is classified as a rural area.

Homeownership rate in Gloucester is about 59.8%. Gloucester's vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Gloucester were built after 1939.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom17.70%
Two Bedrooms29%
Three Bedrooms34.50%
Four Bedrooms11.40%
Five Bedrooms or more5.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1939
Median Value of occupied units$204,600
Median Price asked for vacant units$300,000

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1939
Median Monthly Rent asked for vacant units$615

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.80%
Home Equity Loan9.70%
Simple Mortgage52.60%
Debt Free31.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%