Is Gainesville, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
At the same time last year, Gainesville was a Seller's Market.
Key Takeaway
Gainesville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Gainesville, FL cost?
Median Sold Price
$225,750
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Key Takeaway
Homes in Gainesville have sold for 13.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $90.5K | $115K | +27.1% |
| 2 Bedrooms | $144.3K | $175K | +21.2% |
| 3 Bedrooms | $225.3K | $257.3K | +14.2% |
| 4 Bedrooms | $295K | $320K | +8.5% |
| 5+ Bedrooms | $440.7K | $472K | +7.1% |
Median Sold Price Compared To Nearby Cities
| Alachua | $255K | $326.9K | +28.2% |
| High Springs-Alachua | $265K | $325K | +22.6% |
| Gainesville | $199.5K | $225.7K | +13.1% |
How many homes are available in Gainesville, FL?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 355 | 358 | +0.8% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 17 | 15 | -11.8% |
| 2 Bedrooms | 90 | 108 | +20.0% |
| 3 Bedrooms | 145 | 137 | -5.5% |
| 4 Bedrooms | 83 | 80 | -3.6% |
| 5+ Bedrooms | 20 | 18 | -10.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 93 | 55 | -40.9% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gainesville, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 53 Days | 41 Days | -23.0% |
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gainesville are selling fast, if you're buying plan to act quickly.
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© 2023 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Copyright © 2023 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Brevard Multiple Listing Service. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.