Gainesville, AL is an attractive housing market for potential buyers due to the median house value being significantly lower than the US median value. In addition, the one-year appreciation rate of houses in Gainesville is higher than the national average at 10.84%. This could be an excellent opportunity for those looking to invest in a new home as they can purchase a property at a reasonable price while also benefiting from future appreciation. With these positive factors in play, it's no wonder that Gainesville real estate is becoming more and more popular with buyers both locally and nationally.
The median home cost in Gainesville is $271,100. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Gainesville is up 13.6%.
Average Age of Homes
- The median age of Gainesville real estate is 36 years old
The Rental Market in Gainesville
- Renters make up 18.8% of the Gainesville population
- 0.0% of houses and apartments in Gainesville, 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.