How's the market in your area?

Gainesville, VA

Single-Family Homes

Give Back Team, LLC



Gainesville, VA

Wed Apr 01 2020
This week the median list price for Gainesville, VA is $630,000 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has held steady at or around 37. Click here to stay informed with the Gainesville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Gainesville, VA

Wed Apr 01 2020
This week the median list price for Gainesville, VA is $630,000 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has held steady at or around 37. Click here to stay informed with the Gainesville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Gainesville market.
Median List Price $630,000
Per Square Foot $138
Days on Market 166
Price Decreased 27%
Price Increased 14%
Relisted 5%
Inventory 37
Median Rent $2,800
Most Expensive $2,460,000
Least Expensive $424,900
Market Action 53
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$880,000 6,826 0.25 - 0.5 acre 4 4 13 0 0 156
$666,995 5,174 0.25 - 0.5 acre 4 4 4 2 1 256
$585,000 3,918 6,500 - 8,000 sqft 4 3 14 2 3 242
$519,950 3,472 6,500 - 8,000 sqft 3 3 18 5 3 24