Gainesville, GA—30507
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gainesville, GA
As of Oct '25, the median home price in Gainesville, GA is $328,000, with a year-over-year change of -1.9%. This indicates that home prices in Gainesville, GA are decreasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $328,000 | -1.9% |
| Single Family | $328,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $213,000 | -2.3% |
3 Bed | $314,000 | -1.6% |
4 Bed | $382,000 | -1.0% |
| 5 Bed | $424,000 | -1.4% |
% of Housing Stock
Rental Trends — Gainesville, GA
As of July '25, Rentcast reports the average rent in Gainesville, GA is $2,020, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in Gainesville, GA is 1-bedrooms: $1,160, 3-bedrooms: $1,960, 4-bedrooms: $2,190. The most common rental property sizes in Gainesville, GA are 3-bedroom and 2-bedroom, accounting for 53.4% and 19.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,030 | $2,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,160 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $1,960 |
| 4 Bed Rent | $2,100 | $2,190 |
% of Rental Stock
Property Listings — Gainesville, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Gainesville, GA is 64. This is a increase of 15.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $447,000 | -4.0% |
Listing Count | 146 | 74.0% |
| Listings as % of Homes | 0.5% | 74.0% |
Days on Market | 64 | 15.0% |
Demographics — Gainesville, GA
As of the latest ACS Survey released in 2023, Gainesville, GA has a population of 31,400, which has increased by 4.3% over the past 5 years. Gainesville, GA is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,400 | 4.3% |
% Under 18 | 26.7% | -10.7% |
% Seniors | 11.0% | 15.8% |
% WFH | 5.7% | 307.1% |
% w/ College Degree | 13.7% | 3.8% |
As of the latest ACS Survey released in 2023, Gainesville, GA is a predominantly hispanic area, with 46.2% of the population identifying as hispanic. The hispanic population has grown by 3.8% in the last 5 years. The second most common race or ethnicity in Gainesville, GA is white, making up 37.9% of the population. Foreign-born residents account for 24.5% of the population in Gainesville, GA, and this percentage has decreased by 2.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 37.9% | -3.6% |
% Black | 10.3% | -19.5% |
% Hispanic | 46.2% | 3.8% |
% Asian | 1.9% | -36.7% |
% Foreign Born | 24.5% | -2.8% |
Mortgage and Risk — Gainesville, GA
According to HUD data as of 2023, there were 390 mortgage originations in Gainesville, GA, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Gainesville, GA. Investor activity is low, as 1.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 390 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Gainesville, GA
Gainesville, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 86 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $1,100 | $1,220 |
| 2 Bedroom | N/A | N/A | $1,350 |
| 3 Bedroom | -$370 | $2,000 | $1,630 |
| 4 Bedroom | -$270 | $2,100 | $1,830 |
Affordability — Gainesville, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $328,000 |
| Median Household Income | $74,800 |