Gainesville's typical home value was $295,760 in August 2026, down 1.2% in a year and 4.4% below the May 2024 peak, Zillow's index shows. Updated monthly.

Last checked Oct. 8, 2026. Figures come from Zillow Research and the Federal Housing Finance Agency’s House Price Index. This page is updated monthly when new data is released.

The typical home in Gainesville was worth $295,760 in August 2026, according to the Zillow Home Value Index for the City of Gainesville. That is down 1.2% from $299,252 a year earlier and 4.4% below the city’s peak of $309,313 in May 2024. Values have drifted lower for most of the past two years after rising quickly from 2020 to 2022.

Who to call

  • Your home’s assessed value, sales records: Alachua County Property Appraiser, 352-374-5230 (parcel search)
  • Deeds and recorded sales: Alachua County Clerk of the Court, County Recorder
  • Homestead exemption: Property Appraiser, 352-374-5230 (deadline March 1)

The numbers this month

Measure Gainesville Period Source
Typical home value $295,760 August 2026 Zillow ZHVI
Change in a year Down 1.2% Aug. 2025 to Aug. 2026 Zillow ZHVI
Peak value $309,313 May 2024 Zillow ZHVI
Median sale price $309,500 July 2026 Zillow sale prices
Median days to pending 34 days August 2026 Zillow days to pending
Alachua County typical value $304,012 August 2026 Zillow county ZHVI

The typical value is Zillow’s estimate for a home in the middle third of the market, covering single-family homes and condos. The median sale price is the midpoint of homes that actually sold in the month, so it swings more: it ranged from $255,000 in January 2026 to $309,500 in July 2026.

Ten years of Gainesville home values

Line chart of Gainesville's typical home value each August: $155,769 in 2015, $202,779 in 2019, $252,362 in 2021, $291,832 in 2022, $307,591 in 2024 and $295,760 in 2026

The biggest jump came in the pandemic years. The typical value rose from $217,080 in August 2020 to $291,832 in August 2022, up 34% in two years. It is still about 41% above January 2020, when it stood at $209,233.

How fast homes are selling

Half of Gainesville listings went under contract within 34 days in August 2026, Zillow’s data shows, a little faster than the 39 days of August 2025. The figure moved between 17 days (March 2026) and 61 days (January 2026) over the past year, which fits the usual pattern of a faster spring market.

The wider metro: FHFA

The Federal Housing Finance Agency’s all-transactions index for the Gainesville metro area, which tracks repeat sales and refinance appraisals of the same homes, stood at 405.51 in the second quarter of 2026. That is up 1.2% from 400.64 a year earlier, a different reading from Zillow’s small decline, because the two measure different things. The FHFA index is in its metro quarterly file.

Gainesville and its neighbors

Place Typical value, August 2026
City of Alachua (about 10 miles northwest) $327,303
Alachua County $304,012
Gainesville $295,760

What this means for you

  • Buyers: prices have edged down for two years, and homes take about a month to go under contract, so there is room to negotiate.
  • Sellers: the typical home is still worth about $78,700 more than in August 2020.
  • Owners: your tax bill follows the property appraiser’s assessed value, not Zillow’s. The homestead exemption caps how fast it can rise; see property taxes.

Typical values and zoned schools by area: Gainesville neighborhoods.

Related: real estate transfers, moving to Gainesville and Gainesville population and growth.

Frequently asked questions

What is the average home price in Gainesville, Florida?

Zillow’s typical home value for Gainesville was $295,760 in August 2026. The median sale price in July 2026 was $309,500.

Are home prices going down in Gainesville?

Slightly. Zillow’s typical Gainesville value fell 1.2% from August 2025 to August 2026 and is 4.4% below its May 2024 peak of $309,313.

How fast are homes selling in Gainesville?

The median Gainesville listing went under contract in 34 days in August 2026, compared with 39 days in August 2025, according to Zillow.

Is Gainesville cheaper than the rest of Alachua County?

A little. Gainesville’s typical value of $295,760 is about $8,000 below Alachua County’s $304,012 in August 2026, and about $31,500 below the city of Alachua’s.