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Gainesville, GA—30506

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$440,000
2.5% YoY Growth
Household Income
$95,200
23.6% YoY Growth
Days on Market
77
15.0% Longer YoY
Home Price Forecast
2.8%
Median Rent
$2,060
8.0% YoY Growth
1-Bed Rent
$1,500
8.3% YoY Growth
2-Bed Rent
$1,700
2.4% YoY Growth
3-Bed Rent
$1,980
4.8% YoY Growth

Other Zip Codes in Gainesville, GA

30507305013057530504
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Gainesville, GA

As of Dec '25, the median home price in Gainesville, GA is $440,000, with a year-over-year change of -2.5%. This indicates that home prices in Gainesville, GA are decreasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$440,000-2.5%
Single Family $441,000-2.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $270,000
    -5.9%
    2 Bed
    		$274,000-3.2%
    3 Bed
    		$374,000-2.6%
    4 Bed
    		$556,000-1.1%
    5 Bed $710,607-1.5%
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    % of Housing Stock

    Studio
    0.3%
    1 Bedroom
    3.0%
    2 Bedrooms
    15.6%
    3 Bedrooms
    43.4%
    4 Bedrooms
    26.4%
    5+ Bedrooms
    11.3%

    Rental Trends — Gainesville, GA

    As of July '25, Rentcast reports the average rent in Gainesville, GA is $2,080, with a year-over-year rent change of -8.0%. Per bedroom, the median rent as of July '25 in Gainesville, GA is studios: $1,600, 1-bedrooms: $1,650, 2-bedrooms: $1,740, 3-bedrooms: $1,980, 4-bedrooms: $2,360. The most common rental property sizes in Gainesville, GA are 2-bedroom and 3-bedroom, accounting for 43.0% and 39.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,060$2,080
    Studio Rent $1,600$1,600
    1 Bed Rent $1,500$1,650
    2 Bed Rent $1,700$1,740
    3 Bed Rent $1,980$1,980
    4 Bed Rent $2,310$2,360
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    % of Rental Stock

    Studio
    1.4%
    1 Bedroom
    7.6%
    2 Bedrooms
    43.0%
    3 Bedrooms
    39.7%
    4 Bedrooms
    6.5%
    5+ Bedrooms
    1.8%

    Property Listings — Gainesville, GA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Gainesville, GA is 67. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$621,0004.0%
    Listing Count
    		32920.0%
    Listings as % of Homes1.1%20.0%
    Days on Market
    		7715.0%
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    Demographics — Gainesville, GA

    As of the latest ACS Survey released in 2023, Gainesville, GA has a population of 45,000, which has increased by 1.1% over the past 5 years. Gainesville, GA is a moderately popular place for families, as children make up 21.3% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		45,0001.1%
    % Under 18
    		21.3%-5.8%
    % Seniors
    		21.9%35.2%
    % WFH
    		16.1%192.7%
    % w/ College Degree
    		37.7%16.4%
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    As of the latest ACS Survey released in 2023, Gainesville, GA is a predominantly white area, with 80.4% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Gainesville, GA is hispanic, making up 11.5% of the population. Foreign-born residents account for 7.4% of the population in Gainesville, GA, and this percentage has increased by 5.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		80.4%-6.1%
    % Black
    		3.4%385.7%
    % Hispanic
    		11.5%-0.9%
    % Asian
    		1.9%137.5%
    % Foreign Born
    		7.4%5.7%
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    Mortgage and Risk — Gainesville, GA

    According to HUD data as of 2023, there were 1266 mortgage originations in Gainesville, GA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Gainesville, GA. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		1,266
    % Conventional Loans
    		78.0%
    % Government Loans
    		22.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		3.0%
    % Cash Out Refinance
    		14.0%
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    Rentals and Section 8 — Gainesville, GA

    As of 2024, the percent of homes in Gainesville, GA under the Section 8 program is 0.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Gainesville, GA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

    Section 8 Market Size

    Total Units under HUD
    		12
    Total Units Section 8
    		12
    % Rentals under Section 8
    		0.5%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$60$1,500$1,440
    2 Bedroom-$110$1,700$1,590
    3 Bedroom-$60$1,980$1,920
    4 Bedroom-$100$2,310$2,210

    Affordability — Gainesville, GA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.4
    Median Home Price$440,000
    Median Household Income$95,200

    Gainesville, GA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Gainesville, GA

    30504

    Gainesville, GA

    30501

    Oakwood, GA

    30566

    Murrayville, GA

    30564

    Gainesville, GA

    30507

    Frequently Asked Questions