Median home value: $735K (+3.0% YoY). Rent: $2,534/mo. Price-to-rent: 24.2x. Part of Boston-Cambridge-Newton, MA-NH.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Boston-Cambridge-Newton, MA-NH metro page.
Home Value$734,977
+3.0%
Rent$2,534/mo
AFFORDABILITYRenting $1,876/mo cheaper ($2,534 rent)6.00% 30yr, 20% down, county tax + MA ins. 28% per HUD.
Enter your income for Gloucester.
$146,995 on $734,977
Out of reach — 70.6% of income
Need $189,000/yr to afford.
PITI$4,410
P/I70.6%
Afford$292K
Gap-$443K
P&I $3,525Tax $735Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing