FL · Metro #155

Gainesville - FL housing market

The Gainesville metro has a typical home value of $306,605, down 1.3% from a year ago. Homes sell in 31 days on average - a balanced market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$306,605
-1.3% vs. year ago
Median sale price
$295,814
-0.1% YoY
Median list price
$326,333
Sale-to-list ratio
96.2%
Selling below ask
Days on market
31d
Listings w/ price cut
25.2%
New listings / mo
451
-6.6% YoY
Homes for sale
1,765
+0.6% YoY
Typical rent
$1,681/mo
+1.5% YoY
Context

How to read this data

The typical home value ($306,605) is the Zillow Home Value Index for the Gainesville - FL metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 1.3% over the past year. A home worth $310,643 last year is now worth roughly $306,605.

The median sale price , what homes actually close for , is $295,814. Homes are selling at 96.2% of list price, meaning buyers have room to negotiate.

Homes listed in Gainesville - FL sit on the market for roughly 31 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 451 new listings hit the market each month in Gainesville - FL. There are currently 1,765 homes for sale, up 0.6% from a year ago.

The typical monthly rent in Gainesville - FL is $1,681, up 1.5% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Covered Home Repairs
Related

Other metros in FL

MetroHome value1-yr changeDays on market
Miami - FL$475,622 -2.9% 52.0d
Tampa - FL$360,738 -3.4% 34.0d
Orlando - FL$387,733 -3.1% 33.0d
Jacksonville - FL$352,994 -1.7% 43.0d
North Port - FL$403,601 -6.2% 50.0d
Cape Coral - FL$339,372 -7.3% 66.0d
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