Gainesville, AL is a great place to consider buying a home. According to recent data, the median value of houses in Gainesville is $116,000. This is significantly lower than the national average of $338,100 and can help you get more for your money when purchasing a property. Furthermore, housing in Gainesville has seen an appreciation rate of 10.84% in the past year, which exceeds the national average of 8.27%. All this points to a strong housing market in Gainesville that offers potential homeowners great value for money and potential capital growth over time.
The median home cost in Gainesville (zip 35464) is $116,000. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Gainesville (zip 35464) is up 13.6%.
Average Age of Homes
- The median age of Gainesville (zip 35464) real estate is 30 years old
The Rental Market in Gainesville (zip 35464)
- Renters make up 33.3% of the Gainesville (zip 35464) population
- 0.0% of houses and apartments in Gainesville (zip 35464), 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.