Gainesville housing market
Typical home value
$386K
▼ 1.3% 1 yr
Typical rent
$1,701/mo
▲ 2.8% 1 yr
12-month forecast
−0.3%
#482 of 546 metros
Gross rent yield
5.3%
#377 of 546 · U.S. 6.3%
Days to pending
92 days
▲ +19 days 1 yr
Listings with a price cut
32%
▼ −0.1 pts 1 yr
Key takeaways
- 1The typical home is worth $385,576, down 1.3% in a year and up 24% over five years.
- 2Zillow forecasts home values falling 0.3% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,701/mo (+2.8% YoY), a 5.3% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,119/mo in principal and interest, $418 more than renting.
- 5Homes go under contract in 92 days (+19 days vs last year); 32% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 20/100, #532 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Gainesville compares
| Measure | Gainesville | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | −1.3% | +1.2% | #506 |
| Home value, 5-yr change | +23.8% | +19.7% | |
| 12-month forecast | −0.3% | +1.1% | #482 |
| Rent, 1-yr change | +2.8% | +2.7% | #330 |
| Gross rent yield | 5.3% | 6.3% | #377 |
| Price-to-rent ratio | 18.9 | 15.8 | |
| Mortgage P&I on typical home | $2,119 | $2,012 | |
| Income needed to buy | $104,881 | $100,902 | |
| Days to pending | 92 | 56 |
Cities in the Gainesville metro
3 cities with home value and rent data.
| Gainesville | $369K | ▼ 1.1% | $1,662 | ▲ 2.8% | 5.4% |
| Flowery Branch | $421K | ▼ 1.7% | $1,849 | ▲ 1.4% | 5.3% |
| Oakwood | $316K | ▼ 2.2% | $1,629 | ▲ 5.2% | 6.2% |
Run the numbers
Rental property calculator
Cash flow on a typical Gainesville rental ($386K, $1,701/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Gainesville home.
Rent vs buy
Is it cheaper to rent or buy in Gainesville?
Other Georgia metros
Atlanta, GA
$376K home$1,843 rent5.9% yield
▼ 1.5% 1 yr
Augusta, GA
$250K home$1,464 rent7.0% yield
▲ 2.9% 1 yr
Savannah, GA
$340K home$1,771 rent6.2% yield
▼ 2.7% 1 yr
Columbus, GA
$210K home$1,353 rent7.7% yield
▲ 3.8% 1 yr
Macon, GA
$197K home$1,212 rent7.4% yield
▲ 3.1% 1 yr
Athens, GA
$367K home$1,776 rent5.8% yield
▲ 1.8% 1 yr
Warner Robins, GA
$254K home$1,505 rent7.1% yield
▲ 2.9% 1 yr
Albany, GA
$168K home$1,077 rent7.7% yield
▲ 3.9% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.