BPN

🦞

Gloucester

50 min to Boston
"North Shore fishing heritage with coastal charm and character"
Median Price
$594,262
$420/sqft
School Rating
7/10
Good
Appreciation
3.2%
per year
Commute
50 min
to downtown

Financing Considerations

Properties in Gloucester typically typically qualify for conforming loans with more flexible underwriting standards.

Learn about loan thresholds, property condition impact, flood/wind insurance, and how vintage homes (common in many MA towns) affect mortgage approval.

✨The Vibe

Historic North Shore fishing city with coastal charm, arts scene, and unique character

What It's Really Like

Gloucester is North Shore coastal—fishing heritage, arts scene, historic charm, and residents who chose character over convenience.

Best For

  • ✓Coastal living seekers
  • ✓Arts enthusiasts
  • ✓Historic home lovers
  • ✓Character seekers

Avoid If

  • ✗You need quick Boston access
  • ✗You want luxury amenities
  • ✗You prefer suburban living

🌟Highlights

🦞Historic fishing heritage
🏖️Beautiful coastal setting
🎨Vibrant arts community
🏛️Historic downtown with character

Insider Tips

  • 💡Waterfront areas are most desirable
  • 💡Arts scene is very active
  • 💡Historic homes need maintenance

Demographics

Population
29,524
Median Age
49.8
Median Income
$110,853
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🌊

Watertown

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🍝

Medford

$823,500

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🥟

Quincy

$656,250

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