Gainesville Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$143,200

  • 6.0% 1-year change
  • 2.2% 1-year forecast

The median home value in Gainesville is $143,200. Gainesville home values have gone up 6.0% over the past year and Zillow predicts they will rise 2.2% within the next year. The median rent price in Gainesville is $995, which is lower than the Gainesville Metro median of $1,000.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Gainesville is 6.3%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Gainesville homeowners underwater on their mortgage is 20.7%, which is higher than Gainesville Metro at 20.0%.

Read more
Relative ZHVI
- +

Gainesville Market Overview

Data through Jul 31, 2015
  • $143,200 ZHVI
  • 2.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $160,100 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Gainesville Market Health

Data through Jul 31, 2015
  • 3.6/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 20.7% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 6.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Newberry $161,200
Micanopy $152,900
Archer $141,500
Name Median ZHVI
Alachua $140,800
High Springs $134,600
Hawthorne $110,200
Name Median ZHVI
Reddick $101,800
Waldo $101,100
Williston $93,100

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $106 Median sale price / sq ft
  • No data Listings with price cut
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Gainesville Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,188 Gainesville
    $1,195 Gainesville Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $995 Rent list price
  • $0.82 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading