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Featured local agent — Gainesville, TX
Sarah Mitchell
Compass Real Estate · Gainesville, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Gainesville, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$258,500median sale price
How is the Gainesville, TX housing market right now?
The median home sale price in Gainesville, TX is $258,500, down 0.6% year-over-year. Homes sell in an average of 59 days with 137 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Gainesville a buyer's or seller's market?
Gainesville, TX is currently a buyer's market, based on 6.9 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
59
Average pace
Active listings
137
6.9 months supply
Sale-to-list
93.3%
Below asking
What does the Gainesville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $258,500 |
| Median list price | $258,250 |
| Year-over-year price change | -0.6% |
| Average days on market | 59 days |
| Active inventory | 137 listings |
| Months of supply | 6.9 months |
| Sale-to-list price ratio | 93.3% |
| Median price per sq ft | $156/sq ft |
| Homes sold (latest month) | 20 |
| New listings (latest month) | 31 |
| Listings with a price cut | 29.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Gainesville by property type?
How the Gainesville, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $258,500 | $156/sq ft | 20 | 59 days |
Source: Redfin · Updated monthly
The Gainesville housing market is currently classified as a buyer's market with a median sale price of $258,500. Prices have fallen 0.6% compared to last year, with homes spending an average of 59 days on market, indicating 6.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.
Homes for sale in Gainesville
There are currently 137 homes listed for sale in Gainesville, Texas. The median listing price is $258K.
Active listings
137
Homes on market
Median list price
$258K
Avg. days on market
59
Days until sale
New this week
31
Newly listed
Who lives in Gainesville?
Population
17,688
Median income
$56,341/yr
Median age
35.4 years
Owner-occupied
57.2%
College grads
19.6%
Avg commute
22.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Gainesville?
Zillow home value
$249,595
Zillow rent index
$1,614/mo
Price-to-rent ratio
12.9x
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Gainesville?
Gainesville is a community of approximately 18K residents with a median age of 35.4 years.The median household income is $56,341, which represents a working-class community with solid middle-income opportunities. 19.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.2%, showing a blend of owner and renter-occupied properties. The average commute time is 22.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gainesville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Gainesville?
10 schools tracked · 3,927 students
The largest public schools serving Gainesville, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GAINESVILLE H S
Grades 9-12 · 872 students
W E CHALMERS EL
Grades 2-4 · 714 students
EDISON EL
Grades PK-1 · 618 students
CALLISBURG EL
Grades PK-5 · 556 students
GAINESVILLE INT
Grades 5-6 · 463 students
GAINESVILLE J H
Grades 7-8 · 421 students
LONE STAR H S NORTH
Grades 8-12 · 140 students
SIVELLS BEND EL
Grades PK-8 · 74 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Gainesville, TX?
Want a head-to-head view? Compare Gainesville side-by-side with any other U.S. city using our market-comparison tool.
Is Gainesville a good real estate investment market?
For investors evaluating Gainesville, the price-to-rent ratio of 12.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 0.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Gainesville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Gainesville's median home price.
Frequently asked questions
What is the average home price in Gainesville?
The median home sale price in Gainesville is $258,500, down 0.6% from last year.
How long do homes stay on market in Gainesville?
Homes typically spend 59 days on market before going under contract.
What is the median income in Gainesville?
The median household income is $56,341 per year.
Is Gainesville a buyer's or seller's market?
With 6.9 months of supply, Gainesville is currently a buyer's market.
What is the Zillow home value estimate for Gainesville?
The Zillow Home Value Index (ZHVI) for Gainesville is $249,595, representing the typical home value in the area.
How much does a single-family home cost in Gainesville?
The median single-family home price in Gainesville, TX is $258,500 (about $156 per square foot).
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