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Downtown Gainesville, GeorgiaPhoto: ATLJonJon · CC BY 4.0
Housing in Gainesville

438 homes sold in Gainesville in the last year, at a typical $384K

About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Gainesville homes are listed.

Homes sold
438
June 2025 to May 2026
Typical sale price
$384K
houses $418K · condos $283K
Price per square foot
$196
Georgia $186
Paid vs. asking
96.9%
11% sold over asking
For sale now
245
May 2026 · 50 sold that month
What sold · last 12 months

5% of Gainesville’s sales are condos, at $135K less than a house

354 houses and 23 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.

Houses$418K

typical sale · 354 sold in 12 months

Per square foot
$194GA $181
Days to sell
68
Sold over asking
12%
Listings with a price cut
28%
Condos$283K

typical sale · 23 sold in 12 months

Per square foot
$219GA $253
Days to sell
44
Sold over asking
0%
Listings with a price cut
31%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $285K
Townhouses: 60 sold, typical $325K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at twice the 2016 price

438 sales in the last year, against 753 in 2020 and a low of 345 in 2012. The typical sale went from $191K in 2016 to $384K.

Homes soldTypical sale price
0200400600800$125K$250K$375K$500K2012: 345 sold, typical $95K’122013: 448 sold, typical $134K2014: 435 sold, typical $165K’142015: 618 sold, typical $181K2016: 531 sold, typical $191K’162017: 567 sold, typical $204K2018: 571 sold, typical $230K’182019: 630 sold, typical $244K2020: 753 sold, typical $274K’202021: 630 sold, typical $321K2022: 578 sold, typical $379K’222023: 596 sold, typical $400K2024: 416 sold, typical $405K’242025: 420 sold, typical $391KLast 12 months: 438 sold, typical $384KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Gainesville

Houseat $194 a sq ft
Condoat $219 a sq ft
The same money in Georgiaat $181 a sq ft

Is this asking price fair?

Check a listing against what Gainesville homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Gainesville are back to pre-pandemic levels, but 17% fewer homes come up for sale

We read every month of Gainesville’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 438 sales.

If you’re buying in Gainesville

  • Shop in June. It brings about 76 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • You can negotiate. 28% of listings have cut their price, against 17% before the pandemic.
  • Offer under asking. Buyers paid 96.9% of the list price on average; 11% paid over.
  • You’ll usually have time. Only 18% of homes go under contract within two weeks; the typical one takes 68 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 78 a month), but July is the most competitive: 23% of July sales close over asking. May and June offer nearly as much choice with fewer homes bid up (23%). December has the least competition (15%) but only about 38 new listings.

New listings a monthShare sold over asking
02040608013%27%40%Sweet spotJan: 53 new listings a month, 21% sold over asking, 67 days to sellJFeb: 69 new listings a month, 19% sold over asking, 80 days to sellFMar: 78 new listings a month, 21% sold over asking, 73 days to sellMApr: 74 new listings a month, 19% sold over asking, 63 days to sellAMay: 72 new listings a month, 23% sold over asking, 53 days to sellMJun: 76 new listings a month, 18% sold over asking, 54 days to sellJJul: 66 new listings a month, 23% sold over asking, 59 days to sellJAug: 77 new listings a month, 22% sold over asking, 56 days to sellASep: 60 new listings a month, 21% sold over asking, 55 days to sellSOct: 63 new listings a month, 21% sold over asking, 54 days to sellONov: 50 new listings a month, 22% sold over asking, 59 days to sellNDec: 38 new listings a month, 15% sold over asking, 61 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Georgia

Gainesville now2017–192021 peakGA now
Sold over askingShare of sales that closed above the list price11%15%37%17%
Gone within two weeksShare of homes under contract within 14 days18%20%47%19%
Listings with a price cutShare of homes for sale that cut their price28%17%21%27%
Price paid vs. askingAverage sale price ÷ list price96.9%97.3%99.2%97.6%
Days to sellMedian days from listing to contract68652463
Supply

244 homes for sale on a typical day

That’s 2.7 times the 2021 low (89), 17% fewer than in 2017–19 and well under 2018’s 331.

2012: 246 for sale’122013: 268 for sale2014: 274 for sale2015: 299 for sale’152016: 238 for sale2017: 259 for sale2018: 331 for sale’182019: 295 for sale2020: 215 for sale2021: 89 for sale’212022: 166 for sale2023: 141 for sale2024: 125 for sale’242025: 211 for saleLast 12 months: 244 for saleNow
Room to negotiate

1 in 4 listings has cut its price

28% in the last year, against 17% in 2017–19 and 27% across Georgia. More sellers are pricing high and coming down.

2015: 35%’152016: 25%2017: 16%2018: 15%’182019: 20%2020: 16%2021: 21%’212022: 19%2023: 24%2024: 26%’242025: 28%Last 12 months: 28%Now
Prices by type

Since 2019, houses are up 66%, condos 79%

A house typically sold for $418K in the last year (354 sales), a condo for $283K (23).

$125K$250K$375K$500K2013201520172019202120232025NowHouses 2013: $147K, 365 salesHouses 2014: $174K, 377 salesHouses 2015: $186K, 549 salesHouses 2016: $198K, 491 salesHouses 2017: $215K, 503 salesHouses 2018: $241K, 506 salesHouses 2019: $251K, 566 salesHouses 2020: $284K, 658 salesHouses 2021: $338K, 548 salesHouses 2022: $405K, 461 salesHouses 2023: $432K, 446 salesHouses 2024: $426K, 351 salesHouses 2025: $421K, 347 salesHouses last 12 months: $418K, 354 salesHouses $418KCondos 2013: $90K, 39 salesCondos 2014: $91K, 33 salesCondos 2015: $95K, 28 salesCondos 2016: $116K, 19 salesCondos 2017: $130K, 26 salesCondos 2018: $160K, 37 salesCondos 2019: $158K, 26 salesCondos 2020: $164K, 32 salesCondos 2021: $194K, 36 salesCondos 2022: $236K, 21 salesCondos 2023: $244K, 32 salesCondos 2024: $269K, 21 salesCondos 2025: $273K, 25 salesCondos last 12 months: $283K, 23 salesCondos $283K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Georgia

Gainesville ranks 138th of 159 busy Georgia markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Gainesville is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Gainesville home costs about $2,274 a month

Mortgage
Property tax
Insurance
Rent

Price: Gainesville’s typical sale, last 12 months. Property tax at Gainesville’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gainesville is affordable on local pay is on Cost of living.

Before you buy in Gainesville

Six things worth knowing

78

New listings in March

The month with the most choice. December has the fewest, about 38.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $384K home, about $3,240 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Gainesville, from test results, graduation and how much students grow.

Schools in Gainesville
24 min

Typical commute

The average one-way trip to work for people who live in Gainesville.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Oakwood, Flowery Branch, Lula, Pendergrass, Braselton and Hoschton sell for less a square foot

The busier markets within 25 miles of Gainesville, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Gainesville438$384K$19611%68
Braselton328$486K$18212%58
Flowery Branch280$428K$18811%73
Hoschton271$457K$18911%122
Oakwood155$344K$17910%72
Pendergrass97$368K$15822%89
Lula43$274K$17623%70

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Gainesville, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gainesville. People who follow the town see it, and so do people comparing Gainesville with their own town. No commission, no listing fee.

Questions about buying a home in Gainesville

What do homes sell for in Gainesville, GA?

438 homes sold in the year to May 2026 at a typical $384K, $196 a square foot. Houses sold for about $418K, condos for about $283K.

Is Gainesville a buyer’s or seller’s market?

A balanced market: 245 homes were for sale in May 2026 and 50 sold, about 4.9 months of supply. Buyers paid 96.9% of asking on average, and 28% of listings cut their price.

When is the best time to buy in Gainesville?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Gainesville?

About 0.8% of a home’s value a year. On a $384K home that’s near $3,240.

Where can I see homes for sale in Gainesville?

Zillow, Redfin, Realtor.com and Homes.com all carry Gainesville’s MLS listings; the search links above open each one filtered to Gainesville.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).