Real Estate Market Update for Gainesville, GA
Welcome to November's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 5% from one year earlier, and did not change from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 2%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 150-thousand dollars. The number of units sold increased 9% year-over-year, and decreased 12% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Gainesville, GA
Area Information for Gainesville, GA
  • Population: 35,222
  • Median Age: 28.73 yr
  • Median Commute Time: 16.19 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 1,103/sq mi
  • Population Change Since 2000: 17.96%
  • Closest Airport: Hartsfield - Jackson Atlanta International
  • Closest College: Gainesville State College
  • Closest Jr. College: Lanier Technical College
  • Median Household Income: $39,234
  • Annual Residential Turnover: 19.69%
  • Median Years in Residence: 3.13 yr
  • Median Home Sales Price: $114,000
  • Closest Major Sports Team: Falcons
  • Change Avg. Household Income Since 2000: 4%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Gainesville, GA
Median Age: 28.73 Married: 26% Number of Households: 11,484 Households with Children: 4,369
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Gainesville, GA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Jubilee Christian Academy 0.4 mi Private K-12 0 4
      Alpine Psychoeducational Program 1.4 mi Public PRESCHOOL-12 0 0
      Fair Street International Baccalaureate World School 1.5 mi Public K-5 1 0
      New Holland Core Knowledge Academy 1.8 mi Public PRESCHOOL-5 2-5 0
      Gainesville High School 1.8 mi Public 9-12 2-5 4
      Wood's Mill Academy 2.0 mi Public 9-12 1 0
      Centennial Arts Academy 2.0 mi Public K-5 2 4
      Gainesville Middle School 2.0 mi Public 6-8 2 0
      Lyman Hall Elementary School 2.1 mi Public K-5 0 4
      Gainesville Exploration Academy 2.6 mi Public K-5 2 2
      Lakeview Academy 3.0 mi Private PRESCHOOL-12 0 5
      Enota Multiple Intelligences Academy 3.1 mi Public K-5 2 5
      Chicopee Elementary School 3.2 mi Public PRESCHOOL-5 1 5
      Lanier Career Academy 3.4 mi Public 6-12 0 5
      Riverside Military Academy 3.5 mi Private 7-12 0 4
      White Sulphur Elementary School 3.6 mi Public PRESCHOOL-5 0 4
      Mcever Elementary School 3.7 mi Public PRESCHOOL-5 2 4
      Faith Christian Academy 3.8 mi Private PRESCHOOL-12 0 5
      Riverbend Elementary School 3.9 mi Public PRESCHOOL-5 2-5 4
      Johnson High School 4.3 mi Public 9-12 2-5 3
      Hopewell Christian Academy 5.0 mi Private PRESCHOOL-11 0 0
      East Hall Middle School 5.0 mi Public 6-8 3-5 4
      Tadmore Elementary School 5.3 mi Public PRESCHOOL-5 1 0
      Sugar Hill Elementary School 5.5 mi Public PRESCHOOL-5 2-5 0
      Myers Elementary School 5.9 mi Public PRESCHOOL-5 2 4
      East Hall High School 6.0 mi Public 9-12 2-5 3
      Sardis Elementary School 6.0 mi Public PRESCHOOL-5 2 4
      Chestatee High School 6.2 mi Public 9-12 2-5 4
      Chestatee Middle School 6.3 mi Public 6-8 3 3
      Lanier Elementary School 9.3 mi Public PRESCHOOL-5 2 4
      Mount Vernon Elementary School 9.8 mi Public PRESCHOOL-5 3-5 4
      Chestatee Elementary School 9.9 mi Public PRESCHOOL-5 4 3
      North Hall Middle School 10.1 mi Public 6-8 4 4
      North Hall High School 10.3 mi Public 9-12 4 4
      Wauka Mountain Elementary School 11.5 mi Public PRESCHOOL-5 3 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Gainesville, GA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.