The Gainesville housing market is somewhat competitive. The median sale price of a home in Gainesville was $374K last month, down 18.0% since last year. The median sale price per square foot in Gainesville is $200, up 5.5% since last year.
What is the housing market like in Gainesville today?
In October 2024, Gainesville home prices were down 18.0% compared to last year, selling for a median price of $374K. On average, homes in Gainesville sell after 40 days on the market compared to 51 days last year. There were 36 homes sold in October this year, up from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$373,500
-18.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Gainesville, GA
$373,500
-18.0%
United States
To compare other locations to the Gainesville and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Gainesville add value to a home.
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How hot is the Gainesville housing market?
Gainesville is somewhat competitive. Homes sell in 46.5 days.
0
100
46
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 47 days.
Hot homes
can sell for around list price and go pending in around 19 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Gainesville housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Gainesville.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Gainesville has a minor risk of flooding. 683 properties in Gainesville are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Gainesville. Flood risk is increasing slower than the national average.
50% of properties are at risk of wildfire over the next 30 years
Fire Factor
Gainesville has a moderate risk of wildfire. There are 6,659 properties in Gainesville that have some risk of being affected by wildfire over the next 30 years. This represents 50% of all properties in Gainesville.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Gainesville has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Gainesville is most at risk from hurricanes. 13,194 properties in Gainesville have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 65 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.