Gloucester Courthouse, VA housing market
The median sale price was $433,000 in May 2026.
Home values, sales, trends and how Gloucester Courthouse compares with the towns next door — updated as new data is published.
Gloucester Courthouse at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 60% in 5 years
The federal house price index for the ZIP code around Gloucester Courthouse rose 60% over the past 5 years, faster than across Virginia (49%). Last year prices rose 7.6%. Carrying the Census median home value forward with that index puts the typical Gloucester Courthouse home at roughly $648,000 today.
Show as a table
| Year | Change that year | Since 2000 | Virginia since 2000 |
|---|---|---|---|
| 2025 | +7.6% | +195% | +189% |
| 2024 | +4.8% | +174% | +178% |
| 2023 | +14% | +162% | +161% |
| 2022 | +13% | +130% | +142% |
| 2021 | +9.9% | +103% | +113% |
| 2020 | +3.8% | +85% | +94% |
| 2019 | +2.3% | +78% | +88% |
| 2018 | +2.5% | +74% | +81% |
| 2017 | +4.1% | +70% | +74% |
| 2016 | 0% | +63% | +69% |
| 2015 | +0.1% | +63% | +65% |
| 2014 | +1.1% | +63% | +61% |
| 2013 | +0.1% | +61% | +57% |
| 2012 | −3% | +61% | +55% |
| 2011 | −3.8% | +66% | +57% |
| 2010 | −7.6% | +72% | +61% |
| 2009 | −4.7% | +86% | +69% |
| 2008 | −1.7% | +95% | +81% |
| 2007 | +6.5% | +99% | +89% |
| 2006 | +15% | +87% | +86% |
| 2005 | +22% | +62% | +69% |
| 2004 | +14% | +32% | +41% |
| 2003 | +5.5% | +16% | +23% |
| 2002 | +4.7% | +10% | +17% |
| 2001 | +5.2% | +5.2% | +8.2% |
| 2000 | — | — | — |
How Gloucester Courthouse ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 23061, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
5.1 years of income
The typical Gloucester Courthouse home costs about 5.1 years of the town's median household income, more than across Virginia (4.5 years).
How Gloucester Courthouse ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,540
HUD's Fair Market Rent for a two-bedroom in Gloucester Courthouse is $1,540 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Gloucester Courthouse pay a median of $954, so moving in tends to cost more than staying put. A two-bedroom takes about 25% of the town's median household income.
Studio $1,340 · 4 bedrooms $2,510
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (23061; Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.