The housing market in 32609 Gainesville, FL is thriving. The median value of homes in this area is $196,500, significantly lower than the US median of $338,100. Despite this disparity, it has seen a remarkable 15% appreciation rate over the past year, more than double the national average of 8.27%. Homeowners and investors alike have been drawn to this area due to its affordability and increasing value. With no signs of slowing down, Gainesville's hot housing market looks poised to continue its impressive performance in the future.
The median home cost in Gainesville (zip 32609) is $196,500. Home appreciation the last 10 years has been 123.1%. Home Appreciation in Gainesville (zip 32609) is up 20.8%.
Average Age of Homes
- The median age of Gainesville (zip 32609) real estate is 45 years old
The Rental Market in Gainesville (zip 32609)
- Renters make up 35.9% of the Gainesville (zip 32609) population
- 3.7% of houses and apartments in Gainesville (zip 32609), 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.