Home prices
The median home cost in Gloucester City is $125,800. It is about $12,320 (8%) lower in comparison to nearby areas.In comparison to the nation as a whole it is approximately $91,700 (42%) lower, and in comparison to the city of New York is approximately $480,200 (79%) lower.
Rents
Gloucester City's median monthly rent is $1,163. In comparison to its nearby areas this is roughly $155 (15%) higher.It is approximately $101 (9%) higher in comparison to the United States as a whole, and is approximately $280 (19%) lower compared to the city of New York.
Nearby places
Brooklawn
Brooklawn is Gloucester City's neighbor to the south. The housing prices there are pretty similar. The value of the median home in Brooklawn is $131,100, which is $5,300 (4%) higher than Gloucester City. The rent there is somewhat more expensive. Brooklawn's median rent is $1,332 a month, which is $169 (12%) higher than Gloucester City.
Mount Ephraim
Mount Ephraim is Gloucester City's neighbor to the southeast. Real estate prices there are a little more expensive. The median home price in Mount Ephraim is $168,400, which is $42,600 (25%) higher than Gloucester City. Its rents are a bit less expensive. The median monthly rent in Mount Ephraim is $926, which comes out to $237 (25%) lower than Gloucester City.
Westville
Westville is Gloucester City's neighbor to the south. Real estate prices there are somewhat more expensive. The price of the median home in Westville is $147,800, which comes out to $22,000 (14%) higher than Gloucester City. The rent there is a little less expensive. Westville's median rent is $1,002 a month, which comes out to $161 (16%) lower than Gloucester City.
Audubon Park
Audubon Park is about 1 mile east of Gloucester City. Real estate prices there are significantly less expensive. The median home price in Audubon Park is $57,000, which comes out to $68,800 (120%) lower than Gloucester City. The rent there is significantly less expensive. Audubon Park's median monthly rent is $863, which works out to $300 (34%) lower than Gloucester City.
Oaklyn
Oaklyn is approximately 1 mile east of Gloucester City. Its real estate prices are significantly more expensive. The median home cost in Oaklyn is $186,300, which comes out to $60,500 (32%) higher than Gloucester City. The rent there is somewhat less expensive. In Oaklyn the median monthly rent is $917, which comes out to $246 (26%) lower than Gloucester City.
