Home Values in Gloucester and Back Bay
|Zillow Home Value Index||$368,400||vs||$789,200|
|Median List Price||$449,500||vs||$1,825,000|
|Median Sale Price||$360,800||vs||$795,400|
Gloucester, MA tends to be less expensive for home buyers than Back Bay, Boston. During the last year, Gloucester home values have risen by 2.0%, while Back Bay home values have fallen by 5.5%. The median sale price in Gloucester is $360,800, but the median listing price was $449,500, a 19.7% discount. Meanwhile in Back Bay, the median selling price is $795,400, and the starting price had a median of $1,825,000, a 56.4% discount.