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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gainesville is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Gainesville was a Neutral Market.

Key Takeaway

Gainesville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Gainesville, MO

How much do homes in Gainesville, MO cost?

Median Sold Price

$165,000

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$60,000(-26.7%)

Key Takeaway

Homes in Gainesville have sold for 26.7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $174K$85K
-51.1%
3 $235K$190K
-19.1%
4 -$317.2K
N/A
5+ $355K$280K
-21.1%

Summary: Gainesville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.1%, 3 bedroom homes decreased by 19.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 21.1%.

Housing Supply in Gainesville, MO

How many homes are available in Gainesville, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
911+22.2%

Summary: The Gainesville real estate market had 11 homes for sale in April 2024, a 22.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 44
0.0%
3 44
0.0%
4 12
+100.0%
5+ 01
+100.0%

Summary: The Gainesville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gainesville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Gainesville in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gainesville, MO

How long does it take to sell a home in Gainesville, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
116 Days51 Days-56.0%

Summary: Homes in Gainesville had an average of 51 days on market in Apr 2024, down by 56% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gainesville has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Gainesville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Gainesville, MO

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