Gainesville Metro Area, TX Housing

The housing market in Gainesville, TX Metro Area is highly competitive. The median value of homes is currently at $299,800, which is significantly less than the US median house value of $338,100. However, what's most impressive about the local housing market is its 1-year house appreciation rate of 16.21%, which is more than double the US average of 8.27%. This indicates that buying a home in Gainesville would be a lucrative investment and an excellent opportunity for prospective buyers to get into the market and capitalize on the appreciation rates in the area.

The median home cost in Gainesville Metro Area is $299,800. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Gainesville Metro Area is up 21.8%.

Average Age of Homes

- The median age of Gainesville Metro Area real estate is 36 years old

The Rental Market in Gainesville Metro Area

- Renters make up 26.6% of the Gainesville Metro Area population
- 0.6% 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Gainesville, Texas	United States
	17,570.0	139,647,020.0
	39	42
	$299,800	$338,100
	21.8%	16.6%
	69.7%	57.0%
	147.5%	101.1%
	$14.36	$10.98
	$2,477	$2,690
	63.6%	57.4%
	8.3%	11.2%
	28.1%	31.4%
Vacant Housing
	0.6%	1.9%
	0.1%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	2.6%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	3.3%	2.4%
	8.0%	2.8%
	8.5%	3.9%
	6.2%	4.5%
	15.9%	11.3%
	11.8%	13.0%
	21.4%	20.1%
	8.5%	13.6%
	4.4%	8.3%
	6.2%	9.7%
	1.9%	3.9%
	0.3%	2.2%
	0.5%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	14.6%	13.6%
	14.6%	13.6%
	12.9%	13.6%
	14.8%	13.2%
	16.0%	14.8%
	12.9%	13.6%
	10.1%	10.0%
	5.3%	4.7%
	6.0%	12.2%

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