Gainesville, FL housing market
city · gainesville-flThe median sale price in Gainesville, FL was $277K in May 2026, up 3.0% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $279K, firming from $262K across the three months before that. That puts prices 1.3% below the strongest three-month stretch on record here, which ended in Dec 2025 at $283K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $300K for Jun 2026, down 1.4% year over year.
Buyers had 482 homes to choose from in May 2026, down 10.4% year over year (Redfin). At the current sales pace that standing inventory works out to 3.1 months of supply; convention treats four to six months as a balanced market, which puts Gainesville, FL on the sellers' side of that line. 166 homes came to market in May 2026, down 16.6% year over year, against 156 closings, down 7.7% year over year. Homes that sold in May 2026 took a median of 42 days to go under contract, 19 days faster than this market's usual May pace.
Competition is measurable in the closings themselves: 16% settled above asking, and the average sale landed at 97% of its final list price. 30% of listings carried a price cut in May 2026.
This page tracks 10 monthly housing series for Gainesville, FL — median sale price, ZHVI home value, inventory (active), median days on market, months of supply, homes sold, and more — sourced from Redfin, Zillow ZHVI, running from Aug 2016 through Jun 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.
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Sources for Gainesville, FL: Redfin · Zillow ZHVI. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.