How's the market in your area?

Gainesville, VA

Single-Family Homes

Give Back Team, LLC



Current active inventory in Gainesville, VA is very low. Keep this in mind when looking at this report.

Gainesville, VA

Thu Jan 21 2021
This week the median list price for Gainesville, VA is $817,900 with the market action index hovering around 77. This is less than last month's market action index of 87. Inventory has held steady at or around 3. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Gainesville, VA

Thu Jan 21 2021
This week the median list price for Gainesville, VA is $817,900 with the market action index hovering around 77. This is less than last month's market action index of 87. Inventory has held steady at or around 3. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Gainesville market.
Median List Price $817,900
Per Square Foot $138
Days on Market 44
Price Decreased 33%
Price Increased 33%
Relisted 0%
Inventory 3
Median Rent $2,700
Most Expensive $850,000
Least Expensive $380,000
Market Action 77
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$817,900 2,928 1 - 2.5 acres 4 3 30 1 0 44
$850,000 6,133 1 - 2.5 acres 4 4 30 0 0 21
$817,900 2,839 10 - 20 acres 4 3 1 0 0 112
$380,000 2,928 0.25 - 0.5 acre 3 1 61 1 0 0