The 01930 housing market remains active and competitive. Current market data shows a median sale price in the mid-$700,000s, while available listings span condos, single-family homes, land, and properties with waterfront or water-view features. Current 01930 housing market data can help buyers compare recent sales, pricing trends, and market conditions before making an offer.

What Is the 01930 ZIP Code?

The 01930 ZIP code covers Gloucester, Massachusetts, a coastal community in Essex County. Gloucester is known for its maritime heritage, beaches, harbor, historic areas, and proximity to other North Shore communities.

For real estate buyers, the location matters because properties within the same ZIP code can have very different characteristics. A home near the water may command a substantially different price from a property farther inland, while property condition, lot size, views, renovation quality, and neighborhood location can also influence value.

01930 Real Estate Market at a Glance

Recent market data provides a useful snapshot of the area. Zillow reported an average home value of about $784,683 for 01930 in July 2026, with home values up 2.1% over the preceding year. Zillow also reported a median sale price of approximately $725,583 and a median of 14 days to pending based on its available 01930 data.

Redfin’s recent three-month data puts the median sale price at approximately $724,739, with prices up 2.1% year over year. The same source reported 85 homes sold in July 2026 and a median of 25 days on the market.

Different real estate platforms use different datasets and methodologies, so buyers should not treat one number as the definitive value of every property. Instead, these figures are useful for understanding the general direction of the market.

Why Buyers Are Interested in 01930 Real Estate

Coastal Location

One of the strongest attractions of Gloucester real estate is its coastal setting. Properties with water views, proximity to beaches, or access to the harbor can have a distinct appeal for both full-time residents and buyers looking for a second home.

However, coastal property also requires additional due diligence. Buyers should investigate flood exposure, insurance requirements, drainage, erosion considerations, property maintenance, and any applicable local restrictions before committing to a purchase.

Range of Property Types

The 01930 market is not limited to one type of housing. Buyers may encounter condominiums, traditional single-family homes, multifamily properties, land, renovated residences, and higher-end waterfront properties.

This variety creates opportunities for different budgets and investment strategies. A buyer seeking a lower-maintenance residence may prefer a condo, while an investor may evaluate multifamily housing based on rental potential and operating costs.

Established Community

Gloucester combines residential neighborhoods with restaurants, shops, cultural attractions, recreational opportunities, and a long-standing maritime identity. For buyers planning to live in the area rather than simply invest, these lifestyle factors can be just as important as the property’s financial characteristics.

What Types of Homes Can You Find in 01930?

Current listings demonstrate the diversity of the 01930 housing market. Buyers can find smaller homes and condos as well as larger residences, land parcels, and properties marketed for their water views or coastal setting.

For example, current listings can include properties across a wide range of asking prices. That makes it important to search according to both budget and property requirements rather than assuming that the ZIP code represents one uniform price level.

Before making a shortlist, consider:

• Purchase price and estimated monthly payment
• Property taxes and insurance
• Homeowners association fees for condos
• Lot size and usable outdoor space
• Water views or waterfront access
• Age and condition of major systems
• Potential renovation requirements
• Flood and coastal-risk considerations
• Rental restrictions where applicable
• Resale potential

Finding Hidden Value in the 01930 Market

The best opportunity is not necessarily the cheapest property. A property that appears inexpensive may require substantial repairs, while a higher-priced home could offer better condition, location, or long-term usability.

Look Beyond the Listing Price

Buyers should compare properties using several factors instead of relying exclusively on asking price. Price per square foot, recent comparable sales, property condition, lot characteristics, and neighborhood location can provide a much clearer picture of value.

Consider Properties That Need Strategic Improvements

Some buyers may find opportunities in homes that need cosmetic improvements rather than major structural work. Updated kitchens, bathrooms, flooring, paint, landscaping, and energy-efficiency improvements can sometimes improve usability and market appeal.

Renovation opportunities should still be approached carefully. Obtain professional inspections and realistic contractor estimates before assuming that improvements will produce a worthwhile return.

Compare Recent Comparable Sales

Comparable sales are particularly important in a market where properties can differ significantly in size, condition, views, and location. A recent sale of a nearby property with similar characteristics may provide more useful context than a broad ZIP-code average.

01930 Real Estate for Investors

Investors evaluating 01930 real estate should look beyond appreciation potential. Rental demand, operating expenses, property taxes, insurance, maintenance, financing costs, vacancy assumptions, and local regulations can all influence the actual investment return.

A property that looks attractive based on its purchase price may not produce strong cash flow after all expenses are included. Conversely, a property with a higher entry price could make more sense if its location, condition, rental profile, or long-term demand supports the investment thesis.

Investors interested in the broader relationship between property selection and investment strategy may also find our real estate investment guide useful for additional context.

Buying a Home in 01930: A Practical Approach

1. Establish Your Real Budget

Start with more than the purchase price. Include closing costs, property taxes, insurance, utilities, maintenance, and potential renovation expenses when calculating affordability.

2. Define Your Property Priorities

Decide which features are essential before you begin touring properties. For example, you may prioritize waterfront access, a specific number of bedrooms, a home office, parking, outdoor space, or proximity to local amenities.

3. Study Comparable Properties

Review recently sold properties rather than relying only on active listings. Asking prices represent what sellers want; completed sales provide stronger evidence of what buyers have actually paid.

4. Inspect Before You Commit

A professional home inspection can identify problems that are difficult to recognize during a showing. Pay particular attention to roofing, foundation conditions, heating and cooling systems, electrical systems, plumbing, moisture, and other major components.

5. Investigate Coastal and Property-Specific Risks

Because Gloucester is a coastal community, buyers should investigate whether a property is exposed to flooding or other location-specific risks. Insurance availability and cost should also be considered before finalizing a purchase.

6. Work With Current Local Information

Real estate conditions change quickly. Inventory, prices, interest rates, available properties, and buyer competition can shift between the time you begin searching and the time you make an offer. Always verify current information rather than relying on older market summaries.

How Much Does 01930 Real Estate Cost?

There is no single price for a home in 01930. Recent market data places the median sale price around $725,000, while listing prices can be higher depending on the property type and current inventory.

Realtor.com’s August 2026 market information for Ipswich-area ZIP comparisons lists 01930 with a median listing price of approximately $905,750 and a median monthly rent of about $2,900. Its ZIP-level data also shows that inventory and days on market can vary considerably across neighboring markets.

These figures should be treated as market indicators rather than estimates for a specific property. A professional valuation or detailed comparable-market analysis is more appropriate when determining what an individual home may be worth.

Renting vs. Buying in 01930

Not every person interested in Gloucester needs to purchase immediately. Renting can make sense for people who want to understand the area before committing to a long-term property purchase.

Buying may be more attractive for households expecting to stay for several years and who are comfortable with the responsibilities of ownership. The right choice depends on financial circumstances, expected length of stay, financing costs, maintenance responsibilities, and personal priorities.

Common Mistakes to Avoid When Buying in 01930

• Focusing only on asking price: A low listing price does not automatically mean strong value.
• Ignoring insurance costs: Coastal properties can require careful insurance evaluation.
• Skipping professional inspections: Visible condition does not reveal every property problem.
• Overlooking comparable sales: Nearby recent transactions provide useful pricing context.
• Underestimating renovation costs: Cosmetic improvements can become expensive when multiple projects are combined.
• Assuming every property has the same investment potential: Location, condition, property type, and restrictions can materially change the economics.
• Using outdated market data: Current inventory and pricing conditions should be checked before making an offer.

Is 01930 Real Estate a Good Investment?

01930 can be an interesting market for buyers and investors because of its coastal location, diverse housing stock, and established community. However, whether a particular property is a good investment depends on the purchase price, property condition, financing structure, expected holding period, rental economics, and future market conditions.

Rather than asking whether the entire ZIP code is a good investment, buyers should ask whether a specific property makes sense at its current price and under realistic financial assumptions.

Frequently Asked Questions About 01930 Real Estate

What city is ZIP code 01930?

ZIP code 01930 is associated with Gloucester, Massachusetts, in Essex County.

What is the median home price in 01930?

Recent market sources place the median sale price around $725,000. Because housing data changes over time and different providers use different methodologies, buyers should check current listings and recent comparable sales before making a decision.

Is 01930 a competitive real estate market?

Recent market data indicates meaningful buyer activity, although competitiveness varies by property type, price point, condition, and location within the ZIP code.

Are there waterfront homes in 01930?

Yes. Waterfront and water-view properties are among the types of homes available in the 01930 market. These properties can carry additional considerations involving insurance, flood exposure, maintenance, and local regulations.

Is 01930 suitable for real estate investment?

It can be, but investors should evaluate individual properties based on purchase price, rental income, operating expenses, financing, taxes, insurance, maintenance, and potential resale value rather than relying on ZIP-code trends alone.

Final Thoughts on 01930 Real Estate

01930 real estate offers a varied market in Gloucester, Massachusetts, with opportunities ranging from condos and traditional homes to larger and coastal properties. Recent market indicators show substantial property values and active buyer demand, but individual properties can differ dramatically in price and investment potential.

The smartest approach is to combine current market data with property-level due diligence. Compare recent sales, understand the true ownership costs, inspect the property carefully, investigate coastal risks, and evaluate whether the home fits your long-term financial and lifestyle goals.

For buyers and investors, the appeal of 01930 is ultimately about more than a ZIP code. The right property can offer a combination of location, livability, and long-term value—but finding that opportunity requires careful research rather than simply chasing the most attractive listing.