Housing in Gainesville, FL Metro Area is very desirable. The median housing value is currently $279,700, which is significantly lower than the US Housing Median Value of $338,100. In addition to this affordability benefit, house prices in the area have appreciated an impressive 19.37%, well above the national 1 year house appreciation rate of 8.27%. This makes Gainesville a great choice for those looking for a good place to live and invest in real estate.
The median home cost in Gainesville Metro Area is $279,700. Home appreciation the last 10 years has been 123.7%. Home Appreciation in Gainesville Metro Area is up 20.9%.
Average Age of Homes
- The median age of Gainesville Metro Area real estate is 31 years old
The Rental Market in Gainesville Metro Area
- Renters make up 38.1% of the Gainesville Metro Area population
- 6.5% of houses and apartments in Gainesville Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.