In 2015, the median housing value in Gainesville, VA was $645,500. This is significantly higher than the national median housing value of $338,100. In addition, the one year house appreciation rate for Gainesville was 7.46%, which was slightly lower than the U.S. one year house appreciation rate of 8.27%. Consequently, 2015 was a good time to buy or sell a home in Gainesville with strong appreciation rates and attractive median housing prices.
The median home cost in Gainesville (zip 20155) is $645,500. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Gainesville (zip 20155) is up 8.1%.
Average Age of Homes
- The median age of Gainesville (zip 20155) real estate is 13 years old
The Rental Market in Gainesville (zip 20155)
- Renters make up 13.5% of the Gainesville (zip 20155) population
- 0.4% of houses and apartments in Gainesville (zip 20155), 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.