Gainesville, FL Home Values & Market Trends

Real estate market trends reflect that there have been 2,826 transactions over the past year in Gainesville. The median value for residential home transactions that occurred over the previous year is $306,445.01. The number of current listings in Gainesville is 493, and the percentage of properties for sale in the city is 493.00%. Gainesville, FL currently has 325 properties in foreclosure, 4 bank owned properties, 20 properties headed for auction, and 493 properties for sale.

Gainesville, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
32608

$ 396,885

$ 218/sqft

32641

$ 157,252

$ 134/sqft

32605

$ 321,476

$ 189/sqft

32601

$ 310,137

$ 219/sqft

32607

$ 399,999

$ 216/sqft

32603

$ 547,000

$ 219/sqft

32606

$ 391,197

$ 201/sqft

32610

$ --

$ --

32653

$ 414,437

$ 210/sqft

32611

$ --

$ --

32609

$ 233,779

$ 180/sqft

Housing Market Summary for Gainesville, FL

Apr 2023March 2024Change
Median Listing Price$339.4K$300K-11.62%
Median Sold Price$285.4K$300K5.10%
Homes For Sale30045551.67%
Homes Sold1,6211,541-4.94%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Gainesville, FL

Gainesville home values range from $24,502 to $23,332,024. The median estimated value of a home in Gainesville is $306,445.01. The median list price of a home is 355,000, and the total count of properties in the city is 54,590.

Foreclosure
There are 11 zips within Gainesville, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $433,000 in 32641 to the lowest value of $69,521 in 32641. Foreclosure homes account for 0.00% of properties in Gainesville, FL with 32641 containing 66 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.55% of all residential properties in Gainesville, FL with 32641 containing 60 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 11 zips within Gainesville, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $372,046 in 32603 to the lowest home value of $69,521 in 32641.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Gainesville, FL ranges from the highest value of $166,384 in 32609 to the lowest value of $72,042 in 32641. Bank owned homes and properties account for 0.01% of properties in Gainesville, FL. There are 11 zips within Gainesville, FL; 32641 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    32609 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Gainesville, FL. Auction homes and other auction properties account for 0.04% of all properties in Gainesville, FL. There are 11 zips within Gainesville, FL; of those zips, the median estimated home value for homes going to auction ranges from $253,941 in 32605 to the lowest value of $153,482 in 32605.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.90% of residential properties in Gainesville, FL with 32608 containing 195 homes for sale, the highest number of listed properties in a single zip. There are 11 zips within Gainesville, FL; homes for sale in those zips, have a range of median values from $1,200,000 in 32603 to the lowest value of $24,673 in 32641.
    Sold Homes
    The median value for recently sold homes ranges from $1,740,320 in 32603 to the lowest price of $33,544 in 32603. There are 11 zips within Gainesville, FL. 32608 has 372 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.69% of properties in Gainesville, FL.

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      Guide for Gainesville, FL

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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.