Gainesville, NY is an attractive housing market, with a median house value of $136,400 compared to the US median house value of $338,100. Gainesville has seen a steady rise in house appreciation over the past year at 13.54%, much higher than the national average of 8.27%. With this increase in value, Gainesville is becoming increasingly popular with home buyers and investors alike. The area is known for its high quality living standards and amenities that make it an ideal place to live or own property.
The median home cost in Gainesville is $136,400. Home appreciation the last 10 years has been 72.5%. Home Appreciation in Gainesville is up 14.5%.
Average Age of Homes
- The median age of Gainesville real estate is 72 years old
The Rental Market in Gainesville
- Renters make up 15.0% of the Gainesville population
- 1.0% 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.