Is Gainesville, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gainesville is a neutral'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

+$26,173(+13.1%)

Key Takeaway

Homes in Gainesville have sold for 13.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $90.5K$115K
+27.1%
2 $144.3K$175K
+21.2%
3 $225.3K$257.3K
+14.2%
4 $295K$320K
+8.5%
5+ $440.7K$472K
+7.1%

Median Sold Price Compared To Nearby Cities

Alachua
+28.2%
High Springs-Alachua
+22.6%
Gainesville
+13.1%

How many homes are available in Gainesville, FL?

Number of Homes For Sale

Dec 2022Jan 2023%
355358+0.8%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 1715
-11.8%
2 90108
+20.0%
3 145137
-5.5%
4 8380
-3.6%
5+ 2018
-10.0%

Number of Homes Sold

Dec 2022Jan 2023%
9355-40.9%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2022Jan 2023%
53 Days41 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gainesville are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Gainesville, FL

There are 358 homes are for sale in Gainesville, FL real estate market. In January 2023 in Gainesville, FL there were 0.8% more homes for sale than in December 2022. Listings spent 41 days on the market in January 2023, and had a median list price of $225,750 during the same period. Between December 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 27.1% more expensive, prices of 2 bedrooms properties went up by 21.2%, 3 bedrooms properties prices increased by 14.2%, 4 bedrooms properties prices increased by 8.5%, 5 bedrooms properties became 7.1% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes became 11.8% less available, volume of 2 bedrooms homes went up by 20%, volume of 3 bedrooms homes went down by 5.5%, the quantity of 4 bedrooms homes went down by 3.6%, number of 5 bedrooms homes decreased by 10%. In January 2023 more than 7 listings in Gainesville, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 44 were sold below.

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