The housing market in Gainesville, GA is thriving. The median value of houses in Gainesville is currently $330,400, which is slightly lower than the national median of $338,100. However, what really sets Gainseville apart is the house appreciation rate over the past year – 17.32% compared to just 8.27% nationally. This indicates that homes in Gainesville are increasing in value faster than average and making it an attractive investment opportunity for potential buyers and sellers alike.
The median home cost in Gainesville is $330,400. Home appreciation the last 10 years has been 140.7%. Home Appreciation in Gainesville is up 22.4%.
Average Age of Homes
- The median age of Gainesville real estate is 30 years old
The Rental Market in Gainesville
- Renters make up 55.7% of the Gainesville population
- 4.6% 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.