As a city with a low cost of living, great education, and plenty of outdoor activities, Gainesville unsurprisingly welcomes new residents each year. The city is also known for several tourist destinations, which is why it sees millions of visitors as well. These attractive qualities have caused Gainesville’s real estate market to boom. The city is undoubtedly a popular place to purchase property, whether you want to turn it into a rental property or make it your home.
The median home listing price in Gainesville sits at $249.5K. There are about 48,407 homes and apartments in the city. About 61% of the residents in Gainesville rent their homes, while 39% own their homes. Most of the home types in the city are single-family homes and apartment complexes, at 39% and 41%, respectively. Duckpond is Gainesville’s most expensive neighborhood, with a median listing price of $359.5K. Duval – Eagle Eyes Crime Watch is the most affordable, on the other hand, with a median listing price of $97K.
Navigating the often confusing real estate market can come as a challenge, though. Many lack the skills to find properties themselves and subsequently secure great prices. Plus, ticking off all the features you want in a property can be hard. An obvious answer to this problem is to turn to a Gainesville real estate company that can help you find what you want.
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