Market Overview
Gainesville is in North Florida about 10 miles from Paynes Prairie Preserve State Park and 70 miles south of Jacksonville. The areas near it have many lakes including Orange Lake and Lochlusa Lake, one of the best bass fishing spots in Florida. It’s a charming college town with the University of Florida as a major contributor to bringing students, activities and culture to the town.
While it is North Florida and has a more seasonal weather pattern it does get warm in the summer from May through September with the temperatures above 85 degrees and evening lows in the low 70's. The cool season is from December through February with daily temperatures in the mid 60’s and lows in the 40’s.
Gainesville’s population in 2018 was 133,857 with an annual growth rate of 1.39%. The job market has increased by 1.6% over last year. The 10-year job growth is predicted to be 39.6%. With two universities the largest employers are in Educational Services, Health Care & Social Assistance and Retail Trade. UF Shand’s hospital is one of the premier hospitals in Florida. Other major companies are Santa Fe Healthcare, Sum Total Systems software and GRU electrical equipment. The cost of living is moderate due to the Gainesville real estate market and affordable housing.
With a beautiful setting of oaks and natural lakes, college-town activities for all ages, a growing population and job growth, Gainesville is not only a place of higher learning but also a great place to live and work.
Real estate market data in Gainesville
Average Monthly Rent:
$1,297
Percentage Change in Home Price/Value:
5.30%
Median Home Value:
$185,400
Best Time To Sell Home:
January
Affordability Index:
148.6
Days To Sell House:
73.167
Job Market:
Fair
Public School Ranking:
26
