Real Estate Investing in Gloucester County, Virginia
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Should you buy in Gloucester County, VA? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.0% of homes vacant β above national norms.
What’s happening in Gloucester County, VA?
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Market Trends β Gloucester County
County Home Value History
County Rent History
Investing in Gloucester County Real Estate
Gloucester County (VA) covers 3 ZIPs and 3 municipalities. decisively the fundamentals here skew distressed, and both rent and price trends have been soft across most of the geography.
A 3.0 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Gloucester County sits firmly in that category.
Demographics in Gloucester show real pressure β $N/AK median income is tepid relative to rents, and the 0% renter share includes significant cost-burdened households.
Landlord Ground Truth
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Cities in Gloucester County
ZIP Codes in Gloucester County, VA
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View PlansFrequently Asked Questions About Gloucester County
How quickly do rentals get leased in, VA?
, VA sees elevated vacancy, which is reasonable relative to the broader VA rental market.
What do rentals go for in, VA?
, VA rentals go for roughly $1,653/mo a month. That puts gross yield in solid territory relative to $373K acquisition costs.
What kind of tenants rent in, VA?
Tenant demand in, VA is solid. The local workforce $1,653/mo rents across most rental classes.
Is, VA landlord-friendly?
Landlord-friendliness in, VA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
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