Housing in the Gainesville, GA Metro Area is highly sought after due to its high median value of $354,800. This is significantly higher than the US house median value of $338,100 and demonstrates strong growth in the region over the past year with a 15.27% appreciation rate compared to only 8.27% nationally. As such, there has been a heightened demand for housing in Gainesville as well as an increase in property values for those already living there. With excellent amenities and quality of life, it is no surprise that prospective buyers are drawn to this area for its opportunity and potential.
The median home cost in Gainesville Metro Area is $354,800. Home appreciation the last 10 years has been 140.7%. Home Appreciation in Gainesville Metro Area is up 22.4%.
Average Age of Homes
- The median age of Gainesville Metro Area real estate is 25 years old
The Rental Market in Gainesville Metro Area
- Renters make up 29.0% of the Gainesville Metro Area population
- 1.5% 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.