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

Housing Market Conditions



Gauge showing Gainesville is a seller's market


Difference Since June 2023

Since last year, Gainesville has remained a Seller's Market.

Key Takeaway

Gainesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gainesville, FL

How much do homes in Gainesville, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since June 2023


Key Takeaway

Homes in Gainesville have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Gainesville was $307,050 in June 2024, up 9.9% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $123.2K$125.5K
2 $180K$185K
3 $294.5K$303K
4 $404.1K$434.9K
5+ $597K$570K

Summary: Gainesville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Cities

High Springs-Alachua

Housing Supply in Gainesville, FL

How many homes are available in Gainesville, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE

Summary: The Gainesville real estate market had 1,131 homes for sale in June 2024, a 4.6% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 4551
2 283274
3 453422
4 312296
5+ 9288

Summary: The Gainesville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 4.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE

Asking Price vs. Sold Price

154 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

41 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. 65% of homes here sold below asking price last month.

Summary: A total of 237 homes were sold or pending in Gainesville in June 2024, down by 12.5% month-over-month. Of the 237 sold homes, 65% were sold under asking, 18% were sold at asking, and 17% were sold over asking.

Days on Market for Gainesville, FL

How long does it take to sell a home in Gainesville, FL?

Average Sale Time

Jun 2023Jun 2024CHANGE
31 Days46 Days+47.9%

Summary: Homes in Gainesville had an average of 46 days on market in Jun 2024, up by 47.9% compared to last year.

Breakdown of Home Sale Times

139 Homes Were Sold
Under 30 Days

53 Homes Were Sold
In 30 - 90 Days

45 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.

Summary: During June 2024, 237 homes were sold in Gainesville; 59% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

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

Report Updated 23 Days Ago

Newest Listings in Gainesville, FL

Nearby Markets to Gainesville, FL

What housing markets are near Gainesville, FL?