Gainesville, FL—32653
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gainesville, FL
As of Oct '25, the median home price in Gainesville, FL is $324,000, with a year-over-year change of -3.2%. This indicates that home prices in Gainesville, FL are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $324,000 | -3.3% |
| Single Family | $326,000 | -3.3% |
| Condos | $204,000 | -3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $205,000 | -5.1% |
3 Bed | $305,000 | -3.8% |
4 Bed | $463,000 | -1.3% |
| 5 Bed | $705,000 | 0.4% |
% of Housing Stock
Rental Trends — Gainesville, FL
As of July '25, Rentcast reports the average rent in Gainesville, FL is $2,140, with a year-over-year rent change of 19.6%. Per bedroom, the median rent as of July '25 in Gainesville, FL is studios: $950, 2-bedrooms: $1,290, 3-bedrooms: $2,100, 4-bedrooms: $4,820. The most common rental property sizes in Gainesville, FL are 2-bedroom and 3-bedroom, accounting for 54.6% and 17.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,980 | $2,140 |
| Studio Rent | $950 | $950 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,250 | $1,290 |
| 3 Bed Rent | $2,190 | $2,100 |
| 4 Bed Rent | $3,200 | $4,820 |
% of Rental Stock
Property Listings — Gainesville, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Gainesville, FL is 52. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $326,000 | -17.0% |
Listing Count | 63 | -14.0% |
| Listings as % of Homes | 0.4% | -14.0% |
Days on Market | 52 | -16.0% |
Demographics — Gainesville, FL
As of the latest ACS Survey released in 2023, Gainesville, FL has a population of 15,500, which has increased by 17.4% over the past 5 years. Gainesville, FL is a moderately popular place for families, as children make up 23.1% of the population. The area has a highly educated workforce, with 51.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,500 | 17.4% |
% Under 18 | 23.1% | 25.5% |
% Seniors | 21.6% | 0.5% |
% WFH | 13.4% | 123.3% |
% w/ College Degree | 51.9% | 13.8% |
As of the latest ACS Survey released in 2023, Gainesville, FL is a predominantly white area, with 60.0% of the population identifying as white. The white population has shrunk by 14.5% in the last 5 years. The second most common race or ethnicity in Gainesville, FL is black, making up 20.1% of the population. Foreign-born residents account for 12.7% of the population in Gainesville, FL, and this percentage has increased by 12.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 60.0% | -14.5% |
% Black | 20.1% | 34.0% |
% Hispanic | 11.3% | 98.2% |
% Asian | 5.6% | -22.2% |
% Foreign Born | 12.7% | 12.4% |
Mortgage and Risk — Gainesville, FL
According to HUD data as of 2023, there were 190 mortgage originations in Gainesville, FL, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Gainesville, FL. Investor activity is low, as 1.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 190 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Gainesville, FL
Gainesville, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 180 |
Total Units Section 8 | 180 |
% Rentals under Section 8 | 16.4% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,160 |
| 2 Bedroom | $150 | $1,250 | $1,400 |
| 3 Bedroom | -$410 | $2,190 | $1,780 |
| 4 Bedroom | -$1,340 | $3,200 | $1,860 |
Affordability — Gainesville, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $324,000 |
| Median Household Income | $97,700 |