Gainesville, VA

Seller's market-4.5% YoY

Housing market overview · Updated weekly

$654,000median sale price

Homes sold

12

Last 12 weeks

Days on market

42

Average pace

Active listings

22

1.8 months supply

Sale-to-list

99.5%

Below asking

The Gainesville housing market is currently classified as a seller's market with a median sale price of $654,000. Prices have fallen 4.5% compared to last year, with homes spending an average of 42 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Gainesville

There are currently 22 homes listed for sale in Gainesville, Virginia. The median listing price is $804K.

Active listings

22

Homes on market

Median list price

$804K

Avg. days on market

42

Days until sale

New this week

21

Newly listed

Price drops:18.2%of listings
Sale-to-list:99.5%

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Frequently asked questions

What is the average home price in Gainesville?

The median home sale price in Gainesville is $654,000, down 4.5% from last year.

How long do homes stay on market in Gainesville?

Homes typically spend 42 days on market before going under contract.

Is Gainesville a buyer's or seller's market?

With 1.8 months of supply, Gainesville is currently a seller's market.

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