Gainesville, FL home prices
Typical home $297,876 · -1.1% in a year · income needed $85,300
The Gainesville, FL metro area ranks 324 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -1.1% in a year and +17.6% over five years. With 20% down at 7.11%, the typical home costs about $1,990 a month including 0.96% property tax (Alachua County rate).
Mortgage on the typical Gainesville home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $59,575 | $238,301 | $1,603 | $0 | $387 | $1,990 | $85,300 |
| 10% down | $29,788 | $268,089 | $1,803 | $112 | $387 | $2,302 | $98,700 |
| 5% down | $14,894 | $282,983 | $1,904 | $118 | $387 | $2,409 | $103,200 |
| 3.5% down (FHA) | $10,426 | $292,481 | $1,968 | $132 | $387 | $2,487 | $106,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.96% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Gainesville area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Alachua County, FL | $298,912 | -1.3% | 0.96% |
| Levy County, FL | $287,334 | -0.7% | 0.63% |
| Gilchrist County, FL | $306,253 | +2.4% | 0.65% |
What can you afford in Florida on your salary? · Florida home prices · Salaries in Florida
Frequently asked questions
How much is a house in Gainesville?
The typical home in the Gainesville, FL metro area is worth $297,876 (Zillow, September 2026).
What salary do you need to buy a house in Gainesville?
About $85,300 a year for the typical home with 20% down at 7.11%.