FL · Metro #155

Gainesville - FL housing market

The Gainesville metro has a typical home value of $305,251, down 1.7% from a year ago. Homes sell in 34 days on average - a balanced market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$305,251
-1.7% vs. year ago
Median sale price
$286,052
-2.2% YoY
Median list price
$325,748
Sale-to-list ratio
95.8%
Selling below ask
Days on market
34d
Listings w/ price cut
24.2%
New listings / mo
451
-3.8% YoY
Homes for sale
1,686
+1.7% YoY
Typical rent
$1,658/mo
+2.3% YoY
Context

How to read this data

The typical home value ($305,251) 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 1.7% over the past year. A home worth $310,530 last year is now worth roughly $305,251.

The median sale price , what homes actually close for , is $286,052. Homes are selling at 95.8% of list price, meaning buyers have room to negotiate.

Homes listed in Gainesville - FL sit on the market for roughly 34 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.2% 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 1,686 homes for sale, up 1.7% from a year ago.

The typical monthly rent in Gainesville - FL is $1,658, up 2.3% 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$473,725 -3.5% 56.0d
Tampa - FL$359,150 -3.8% 36.0d
Orlando - FL$386,582 -3.4% 34.0d
Jacksonville - FL$351,554 -1.9% 46.0d
North Port - FL$403,701 -6.7% 48.0d
Cape Coral - FL$340,796 -8.1% 65.0d
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