Gainesville, TX Foreclosures
How much do homes sell for in Gainesville, TX?
The average home price is currently $317,016.
In Gainesville, TX, how many homes are available?
There are currently 21 active home listings available in Gainesville.
What’s the average rental cost in Gainesville, TX?
The average rental price in Gainesville is $1,302.
What is the most expensive home in Gainesville?
The most expensive home sold in Gainesville had a price of $9,572,239.
What is currently the cheapest priced home in Gainesville, TX?
The cheapest home for sale in Gainesville is priced at $11,795.
Living in Gainesville, TX
Gainesville is a charming city located in North Texas, known for its friendly community, rich history, and a blend of urban and rural lifestyles. The area boasts affordable housing options, bustling local shops, and an array of recreational activities such as hiking and fishing. With a warm climate and plenty of outdoor spaces, Gainesville is an inviting place to call home, making it ideal for families, retirees, and anyone seeking a peaceful yet engaging environment.
Current Market Conditions in Gainesville, TX
Gainesville's real estate market is currently experiencing a steady growth, with home prices gradually increasing due to a rise in demand for housing in the area. The recent influx of new residents, attracted by the city’s affordability and quality of life, has led to a competitive market, particularly among starter homes.
As of late 2023, the market is characterized by a limited inventory of available homes, contributing to upward pressure on prices. Buyers are finding that homes sell quickly, often receiving multiple offers, indicating a strong buyer interest. Closing times have shortened significantly, with well-priced properties often receiving offers within days of being listed.
Home Value Estimator For Gainesville, TX
There are currently 9,071 real estate properties
in Gainesville, TX,
with a median automated valuation model (AVM) price
of $231,866.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gainesville, TX, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Gainesville, TX,
is $317,016.00, with the most expensive house
in Gainesville, TX, topping out
at $9,572,239.00 and the cheapest home
in Gainesville, TX,
clocking in at $11,795.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gainesville, TX!
Rent Prices
In Gainesville, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gainesville, TX, is on
a rollercoaster ride. The
average rent price in Gainesville, TX,
is $1,302.00. Indeed, when looking to rent in
Gainesville, TX, you can expect to pay as little
as $570.00 or as much
as $3,900.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Gainesville, TX
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
