FL · Metro #155

Gainesville - FL housing market

The Gainesville metro has a typical home value of $306,046, down 1.1% from a year ago. Homes sell in 35 days on average, a balanced market. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$306,046
-1.1% vs. year ago
Median sale price
$295,120
+0.8% YoY
Median list price
$327,967
Sale-to-list ratio
96.5%
Selling below ask
Days on market
35d
Listings w/ price cut
26.3%
New listings / mo
412
-5.9% YoY
Homes for sale
1,771
-0.3% YoY
Typical rent
$1,675/mo
+1.5% YoY
Context

How to read this data

The typical home value ($306,046) 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 1.1% over the past year. A home worth $309,450 last year is now worth roughly $306,046.

The median sale price , what homes actually close for , is $295,120. Homes are selling at 96.5% of list price, meaning buyers have room to negotiate.

Homes listed in Gainesville - FL sit on the market for roughly 35 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 412 new listings hit the market each month in Gainesville - FL. There are currently 1,771 homes for sale, down 0.3% from a year ago.

The typical monthly rent in Gainesville - FL is $1,675, 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$476,598 -2.2% 52.0d
Tampa - FL$361,156 -2.9% 34.0d
Orlando - FL$387,301 -2.8% 33.0d
Jacksonville - FL$353,742 -1.3% 42.0d
North Port - FL$404,078 -5.4% 52.0d
Cape Coral - FL$338,436 -6.4% 68.0d
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