Gainesville Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Gainesville averaged 5.94% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 5.8% and one month ago for the week of 2024-08-29, the average rate was 6.37%.

Gainesville's average rate one year ago was 7.03%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.42%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Gainesville 30 Year Fixed Rate 2024-10-03 5.94%
Gainesville 30 Year Fixed Rate Refi 2024-10-03 6.42%
Gainesville 15 Year Fixed Rate 2024-10-03 5.35%
Gainesville 15 Year Fixed Rate Refi 2024-10-03 5.75%
Gainesville 30 Year FHA 2024-10-03 5.51%
Gainesville 30 Year FHA Refi 2024-10-03 5.89%
Gainesville 30 Year USDA 2024-10-03 5.77%
Gainesville 30 Year USDA Refi 2024-10-03 6.17%
Gainesville 30 Year VA 2024-10-03 5.8%
Gainesville 30 Year VA Refi 2024-10-03 5.5%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Gainesville, TX.

Gainesville Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Gainesville, TX market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
First State Bank 29 6.89% $6,176
American National Bank & Trust 29 6.78% $6,173
DHI MORTGAGE COMPANY, LTD. 23 5.68% $4,290
QUICKEN LOANS, LLC 22 7.21% $8,313
UNITED WHOLESALE MORTGAGE, LLC 20 6.65% $8,779
GUILD MORTGAGE COMPANY 17 6.78% $8,810
First United Bank and Trust Company 14 7.20% $7,370
Republic State Mortgage Co. 14 5.70% $8,734
Prosperity Bank 9 5.93% $4,743
Independent Bank 7 7.02% $7,501
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 6.94% $9,567
SFMC, LP 7 7.25% $7,941
21ST MORTGAGE CORPORATION 7 7.78% $6,325
MORTGAGE FINANCIAL SERVICES, LLC 5 6.75% $6,342
LOANDEPOT.COM, LLC 5 6.35% $9,303
CARDINAL FINANCIAL 4 6.69% $11,514
AMCAP MORTGAGE, LTD. 4 6.69% $7,891
LOANPEOPLE, LLC 4 7.19% $15,448
GUARANTEED RATE, INC. 4 7.15% $4,899
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 6.75% $12,412
Wells Fargo Bank 3 5.71% $6,916
THE MORTGAGE LINK, INC. 3 6.96% $7,798
Flagstar Bank, FSB 3 6.58% $5,514
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 7.25% $8,895
CMG MORTGAGE, INC. 3 7.21% $6,172
American Mortgage & Equity Consultants, Inc. 3 6.69% $4,863
Colonial Savings, F.A. 2 6.44% $3,699
Affiliated Bank 2 6.75% $6,633
AMERICAN FINANCIAL NETWORK, INC. 2 7.44% $6,944
AMERICAN HERITAGE LENDING, INC. 2 9.19% $15,349
AmeriHome Mortgage Company, LLC 2 6.63% $7,249
CROSSCOUNTRY MORTGAGE, LLC 2 6.81% $7,617
EVERETT FINANCIAL, INC. 2 7.38% $9,006
First Bank 2 6.94% $9,563
JPMorgan Chase Bank 2 6.69% $4,251
Mr. Cooper ( Nationstar Mortgage ) 2 6.43% $10,083
NexBank 2 6.75% $7,817
NFM, INC. 2 6.99% $7,316
PENNYMAC LOAN SERVICES, LLC 2 5.62% $9,361
ROYAL UNITED MORTGAGE LLC 2 6.88% $9,528
S1L, Inc. 2 6.94% $9,775
Texas Regional Bank 2 6.31% $14,387
Town Square Mortgage & Investments, Inc. 2 7.56% $13,124
DATCU 1 7.00% $3,986
CORNERSTONE HOME LENDING, INC. 1 7.50% $8,721
GULF COAST EDUCATORS FEDERAL CREDIT UNION 1 6.23% $5,234
Commercial Bank of Texas 1 5.25% $15,342
City Bank 1 6.63% $4,965
HOMESIDE FINANCIAL, LLC 1 7.63% $3,556
HOMESPIRE MORTGAGE CORPORATION 1 7.38% $7,267
Century Mortgage Company DBA Century Lending Company 1 7.63% $4,856
AMERISAVE MORTGAGE CORPORATION 1 7.25% $5,512
BMO Harris Bank 1 5.88% $17,301
BETTER MORTGAGE CORPORATION 1 5.50% $5,715
MICHIGAN MUTUAL, INC. 1 5.63% $14,480
Morgan Stanley Private Bank 1 5.90% $4,730
Bank of America 1 6.13% $19,379
ZILLOW HOME LOANS, LLC 1 6.25% $10,252
Network Funding, L.P. 1 7.00% $3,577
NEWREZ LLC 1 7.63% $5,520
Truist 1 6.99% $11,679
NEXERA HOLDING LLC 1 9.13% $10,935
AMERICAN FINANCING CORPORATION 1 6.13% $18,670
NMSI, INC. 1 6.75% $6,053
USAA Federal Savings Bank 1 5.63% $9,451
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.13% $10,788
BancorpSouth 1 6.50% $17,272
Prosperity Home Mortgage, LLC 1 6.50% $14,886
PROVIDENT FUNDING ASSOCIATES, L.P. 1 5.75% $6,125
AXIA FINANCIAL, LLC 1 6.88% $6,430
RANDOLPH-BROOKS 1 7.50% $0
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 8.00% $9,050
U.S. Bank 1 7.99% $6,991
VANDERBILT MORTGAGE AND FINANCE, INC. 1 5.63% $4,249
ARC HOME LLC 1 7.75% $11,785
Sierra Pacific Mortgage Company, Inc. 1 7.38% $14,311
SOUTHWEST STAGE FUNDING, LLC 1 7.00% $4,791
Stride Bank 1 7.63% $5,501
Strong Home Mortgage, LLC 1 6.13% $5,837
SWBC MORTGAGE CORPORATION 1 7.25% $16,253
American Airlines Federal Credit Union 1 6.00% $0
FIDELITY BANK 1 6.13% $12,972
The American National Bank of Texas 1 6.67% $18,991
First Financial Bank 1 6.75% $3,234
FC LENDING, LTD. 1 7.38% $10,129
EL PASO AREA TEACHERS 1 6.38% $5,718
DEEPHAVEN MORTGAGE LLC 1 7.75% $26,726
FREEDOM MORTGAGE CORPORATION 1 7.50% $12,348
GARDNER FINANCIAL SERVICES, LTD. 1 6.13% $7,215
Gateway First Bank 1 6.63% $9,037
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.88% $8,839

Gainesville Average Closing Costs & Other Stats

Gainesville, TX's 91 lenders originated 770 loans during 2023. The total origination value was $216,710,000, with an average loan value of $281,442.

Gainesville's average closing costs are $6,502.

The top Gainesville lender as defined by loan originations is First State Bank, with 29 loans originated. Their average total fees are $6,176, which is $4 higher than the next largest lender, American National Bank & Trust.

The lowest fee Gainesville lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($4,290), American National Bank & Trust ($6,173), First State Bank ($6,176), First United Bank and Trust Company ($7,370) and QUICKEN LOANS, LLC ($8,313).

The lowest rate Gainesville lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.68%), Republic State Mortgage Co. (5.70%), UNITED WHOLESALE MORTGAGE, LLC (6.65%), GUILD MORTGAGE COMPANY (6.78%) and American National Bank & Trust (6.78%).

Gainesville, TX Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
DHI MORTGAGE COMPANY, LTD. $20,395,000 n/a 9.4%
First State Bank $27,685,000 $14,555,000 -47.4% 6.7%
American National Bank & Trust $1,565,000 $13,290,000 749.2% 6.1%
UNITED WHOLESALE MORTGAGE, LLC $2,925,000 $10,180,000 248.0% 4.7%
First United Bank and Trust Company $14,795,000 $9,675,000 -34.6% 4.5%
GUILD MORTGAGE COMPANY $10,380,000 $8,945,000 -13.8% 4.1%
Republic State Mortgage Co. $545,000 $8,870,000 1,527.5% 4.1%
QUICKEN LOANS, LLC $14,380,000 $8,325,000 -42.1% 3.8%
Prosperity Bank $8,430,000 $5,425,000 -35.6% 2.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,000,000 $5,095,000 69.8% 2.4%
21ST MORTGAGE CORPORATION $3,575,000 $4,475,000 25.2% 2.1%
Bank of America $1,945,000 $3,300,000 69.7% 1.5%
Independent Bank $8,285,000 $3,285,000 -60.4% 1.5%
Nascoga Federal Credit Union $6,015,000 $3,265,000 -45.7% 1.5%
CARDINAL FINANCIAL $2,330,000 $2,930,000 25.8% 1.4%
MORTGAGE FINANCIAL SERVICES, LLC $2,790,000 $2,870,000 2.9% 1.3%
Mortgage Research Center, LLC $4,860,000 $2,555,000 -47.4% 1.2%
Wells Fargo Bank $2,635,000 $2,400,000 -8.9% 1.1%
EVERETT FINANCIAL, INC. $3,185,000 $2,380,000 -25.3% 1.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $690,000 $2,320,000 236.2% 1.1%
SFMC, LP $3,750,000 $2,085,000 -44.4% 1.0%
AMCAP MORTGAGE, LTD. $1,435,000 $2,020,000 40.8% 0.9%
GUARANTEED RATE, INC. $1,665,000 $1,915,000 15.0% 0.9%
PointBank $1,880,000 n/a 0.9%
Town Square Mortgage & Investments, Inc. $1,165,000 $1,695,000 45.5% 0.8%
American Mortgage & Equity Consultants, Inc. $1,630,000 n/a 0.8%
LOANPEOPLE, LLC $1,630,000 n/a 0.8%
Texas Regional Bank $2,160,000 $1,615,000 -25.2% 0.7%
CMG MORTGAGE, INC. $1,860,000 $1,510,000 -18.8% 0.7%
DEEPHAVEN MORTGAGE LLC $1,505,000 n/a 0.7%
LOANDEPOT.COM, LLC $1,980,000 $1,475,000 -25.5% 0.7%
BancorpSouth $3,115,000 $1,455,000 -53.3% 0.7%
S1L, Inc. $1,585,000 $1,420,000 -10.4% 0.7%
The American National Bank of Texas $315,000 $1,280,000 306.3% 0.6%
AMERICAN HERITAGE LENDING, INC. $135,000 $1,270,000 840.7% 0.6%
SECURITYNATIONAL MORTGAGE COMPANY $660,000 $1,235,000 87.1% 0.6%
Texas Security Bank $1,155,000 n/a 0.5%
The Jacksboro National Bank $1,125,000 n/a 0.5%
Frost Bank $800,000 $1,080,000 35.0% 0.5%
Community National Bank & Trust $385,000 $1,075,000 179.2% 0.5%
First Financial Bank $910,000 $995,000 9.3% 0.5%
HOMEBRIDGE FINANCIAL SERVICES, INC. $995,000 n/a 0.5%
American Airlines Federal Credit Union $650,000 $990,000 52.3% 0.5%
TRIAD FINANCIAL SERVICES, INC. $360,000 $985,000 173.6% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $1,085,000 $960,000 -11.5% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $675,000 $915,000 35.6% 0.4%
BancFirst $870,000 n/a 0.4%
First Bank $620,000 $860,000 38.7% 0.4%
NEWREZ LLC $1,025,000 $860,000 -16.1% 0.4%
SOUTHWEST STAGE FUNDING, LLC $335,000 $830,000 147.8% 0.4%
BMO Harris Bank $795,000 n/a 0.4%
PENNYMAC LOAN SERVICES, LLC $1,900,000 $765,000 -59.7% 0.4%
Century Mortgage Company DBA Century Lending Company $760,000 n/a 0.4%
UNITED BUILT HOMES, L.L.C. $520,000 $750,000 44.2% 0.3%
THE MORTGAGE LINK, INC. $735,000 n/a 0.3%
Prosperity Home Mortgage, LLC $930,000 $710,000 -23.7% 0.3%
American State Bank $705,000 n/a 0.3%
DATCU $1,885,000 $695,000 -63.1% 0.3%
PLANET HOME LENDING, LLC $680,000 n/a 0.3%
Gateway First Bank $595,000 $675,000 13.4% 0.3%
Valliance Bank $675,000 n/a 0.3%
PLAZA HOME MORTGAGE, INC. $255,000 $670,000 162.7% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $375,000 $670,000 78.7% 0.3%
First National Bank $830,000 $665,000 -19.9% 0.3%
Legend Bank, N.A. $405,000 $645,000 59.3% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $610,000 n/a 0.3%
CORNERSTONE HOME LENDING, INC. $580,000 n/a 0.3%
Flagstar Bank, FSB $265,000 $565,000 113.2% 0.3%
Strong Home Mortgage, LLC $545,000 $555,000 1.8% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $600,000 $530,000 -11.7% 0.2%
AMERICAN FINANCING CORPORATION $275,000 $525,000 90.9% 0.2%
Equity Prime Mortgage LLC $155,000 $520,000 235.5% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $1,345,000 $495,000 -63.2% 0.2%
USAA Federal Savings Bank $245,000 $490,000 100.0% 0.2%
FIDELITY BANK $485,000 n/a 0.2%
Affiliated Bank $460,000 n/a 0.2%
AmeriHome Mortgage Company, LLC $1,695,000 $460,000 -72.9% 0.2%
FREEDOM MORTGAGE CORPORATION $1,180,000 $460,000 -61.0% 0.2%
Guaranty Bank & Trust, N.A. $575,000 $455,000 -20.9% 0.2%
NexBank $1,080,000 $450,000 -58.3% 0.2%
Centennial Bank $290,000 $445,000 53.4% 0.2%
Credit Union of Texas $370,000 $435,000 17.6% 0.2%
Commercial Bank of Texas $425,000 $425,000 0.0% 0.2%
Encompass Lending Group, LP $795,000 $425,000 -46.5% 0.2%
H E B $425,000 n/a 0.2%
NMSI, INC. $425,000 n/a 0.2%
SWBC MORTGAGE CORPORATION $415,000 n/a 0.2%
JPMorgan Chase Bank $635,000 $410,000 -35.4% 0.2%
ZILLOW HOME LOANS, LLC $410,000 n/a 0.2%
FC LENDING, LTD. $405,000 n/a 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,190,000 $405,000 -66.0% 0.2%
Truist $725,000 $400,000 -44.8% 0.2%
COUNTRYPLACE MORTGAGE, LTD. $265,000 $390,000 47.2% 0.2%
Morgan Stanley Private Bank $1,250,000 $385,000 -69.2% 0.2%
Sierra Pacific Mortgage Company, Inc. $385,000 n/a 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $815,000 $375,000 -54.0% 0.2%
Cooperative Teachers Credit Union $365,000 n/a 0.2%
NEXERA HOLDING LLC $365,000 n/a 0.2%
V.I.P. MORTGAGE, INC. $265,000 $365,000 37.7% 0.2%
NFM, INC. $550,000 $360,000 -34.5% 0.2%
Plains Commerce Bank $360,000 n/a 0.2%
American Bank of Commerce $355,000 n/a 0.2%
HOMESPIRE MORTGAGE CORPORATION $355,000 n/a 0.2%
CITY $905,000 $350,000 -61.3% 0.2%
MID AMERICA MORTGAGE, INC. $2,515,000 $345,000 -86.3% 0.2%
Colonial Savings, F.A. $1,205,000 $330,000 -72.6% 0.2%
HOMESIDE FINANCIAL, LLC $325,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $490,000 $315,000 -35.7% 0.1%
NBH Bank $315,000 n/a 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $515,000 $315,000 -38.8% 0.1%
Sunflower Bank $1,870,000 $315,000 -83.2% 0.1%
ASPIRE FINANCIAL, INC. $2,850,000 $305,000 -89.3% 0.1%
Regent Bank $305,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $815,000 $305,000 -62.6% 0.1%
AXIA FINANCIAL, LLC $295,000 n/a 0.1%
Ciera Bank $295,000 n/a 0.1%
Simmons Bank $3,160,000 $280,000 -91.1% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $275,000 n/a 0.1%
MEMBER FIRST MORTGAGE, LLC $275,000 n/a 0.1%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $265,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $855,000 $265,000 -69.0% 0.1%
City Bank $245,000 $265,000 8.2% 0.1%
GULF COAST EDUCATORS FEDERAL CREDIT UNION $660,000 $265,000 -59.8% 0.1%
Neighborhood Loans, Inc. $265,000 n/a 0.1%
Texas Republic Bank $635,000 $265,000 -58.3% 0.1%
AMERISAVE MORTGAGE CORPORATION $755,000 $260,000 -65.6% 0.1%
MICHIGAN MUTUAL, INC. $255,000 n/a 0.1%
TEXAS TECH $455,000 $255,000 -44.0% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $245,000 n/a 0.1%
Great Plains National Bank $245,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $235,000 n/a 0.1%
ARC HOME LLC $225,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $435,000 $225,000 -48.3% 0.1%
Stride Bank $225,000 n/a 0.1%
PNC Bank $535,000 $220,000 -58.9% 0.1%
Trinity Oaks Mortgage, LLC $705,000 $215,000 -69.5% 0.1%
U.S. Bank $215,000 n/a 0.1%
Citizens Bank $1,535,000 $205,000 -86.6% 0.1%
EL PASO AREA TEACHERS $205,000 n/a 0.1%
NAVY FEDERAL CREDIT UNION $330,000 $205,000 -37.9% 0.1%
Hometown Equity Mortgage, LLC $105,000 $185,000 76.2% 0.1%
Beeline Loans, Inc. $175,000 n/a 0.1%
BOKF $155,000 n/a 0.1%
First Horizon Bank $155,000 n/a 0.1%
GSB MORTGAGE, INC. $1,555,000 $155,000 -90.0% 0.1%
Texas Heritage National Bank $145,000 n/a 0.1%
United Community Bank $145,000 n/a 0.1%
BROKER SOLUTIONS, INC. $1,740,000 $135,000 -92.2% 0.1%
GARDNER FINANCIAL SERVICES, LTD. $135,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $85,000 $135,000 58.8% 0.1%
A&D Mortgage LLC $125,000 n/a 0.1%
International Bank of Commerce $285,000 $125,000 -56.1% 0.1%
EECU $340,000 $105,000 -69.1% 0.0%
Network Funding, L.P. $725,000 $95,000 -86.9% 0.0%
LOANPAL, LLC $455,000 $65,000 -85.7% 0.0%
RANDOLPH-BROOKS $505,000 $55,000 -89.1% 0.0%
TEXAS TRUST $45,000 n/a 0.0%

Gainesville's top lender by overall market share is DHI MORTGAGE COMPANY, LTD., with 9.4% market share. In second place, with 6.7%, is First State Bank, having originated $14,555,000 in loans. In third place, with 6.1%, is American National Bank & Trust, having originated $13,290,000 in loans. In fourth place, with 4.7%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $10,180,000 in loans. In fifth place, with 4.5%, is First United Bank and Trust Company, having originated $9,675,000 in loans.


Gainesville Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Gainesville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $274,700 (-3.4%) $374,017 (-1.9%) 0.00 99
2018-02-01 $314,950 (3.1%) $395,068 (0.5%) 0.00 96
2018-03-01 $344,000 (15.2%) $425,403 (8.1%) 0.00 92
2018-04-01 $363,675 (23.3%) $448,007 (13.5%) 0.00 92
2018-05-01 $367,450 (18.5%) $477,820 (8.5%) 0.00 103
2018-06-01 $345,900 (15.9%) $442,542 (3.1%) 0.00 121
2018-07-01 $317,500 (5.9%) $438,499 (5.8%) 0.00 134
2018-08-01 $324,950 (-0.3%) $416,642 (0.6%) 0.00 139
2018-09-01 $299,900 (-3.2%) $405,533 (-1.0%) 0.00 138
2018-10-01 $276,750 (-9.3%) $388,587 (-3.7%) 0.00 138
2018-11-01 $293,750 (-7.7%) $397,506 (-4.6%) 0.00 126
2018-12-01 $270,676 (-0.8%) $381,950 (-6.1%) 0.00 125
2019-01-01 $248,450 (-9.6%) $372,016 (-0.5%) 0.00 114
2019-02-01 $272,788 (-13.4%) $393,636 (-0.4%) 0.00 122
2019-03-01 $271,883 (-21.0%) $393,333 (-7.5%) 0.00 128
2019-04-01 $270,827 (-25.5%) $392,367 (-12.4%) 0.00 138
2019-05-01 $291,250 (-20.7%) $368,763 (-22.8%) 0.00 139
2019-06-01 $298,000 (-13.9%) $383,560 (-13.3%) 0.00 147
2019-07-01 $299,450 (-5.7%) $384,779 (-12.3%) 0.00 151
2019-08-01 $297,623 (-8.4%) $382,074 (-8.3%) 0.00 152
2019-09-01 $295,557 (-1.5%) $385,875 (-4.9%) 0.00 152
2019-10-01 $305,930 (10.5%) $390,524 (0.5%) 0.00 151
2019-11-01 $329,900 (12.3%) $395,735 (-0.5%) 0.00 135
2019-12-01 $301,500 (11.4%) $357,657 (-6.4%) 0.00 123
2020-01-01 $323,250 (30.1%) $371,578 (-0.1%) 0.00 121
2020-02-01 $274,900 (0.8%) $354,792 (-9.9%) 0.00 126
2020-03-01 $272,400 (0.2%) $340,428 (-13.5%) 0.00 145
2020-04-01 $279,414 (3.2%) $349,602 (-10.9%) 0.00 138
2020-05-01 $285,000 (-2.2%) $360,864 (-2.1%) 0.00 127
2020-06-01 $289,125 (-3.0%) $372,338 (-2.9%) 0.00 112
2020-07-01 $315,750 (5.4%) $419,072 (8.9%) 0.00 103
2020-08-01 $315,000 (5.8%) $413,313 (8.2%) 0.00 89
2020-09-01 $322,375 (9.1%) $403,273 (4.5%) 0.00 83
2020-10-01 $329,900 (7.8%) $390,988 (0.1%) 0.00 68
2020-11-01 $323,725 (-1.9%) $383,344 (-3.1%) 0.00 57
2020-12-01 $325,450 (7.9%) $396,330 (10.8%) 0.00 54
2021-01-01 $299,950 (-7.2%) $398,107 (7.1%) 0.00 49
2021-02-01 $324,950 (18.2%) $390,550 (10.1%) 0.00 38
2021-03-01 $331,338 (21.6%) $422,488 (24.1%) 0.00 26
2021-04-01 $372,400 (33.3%) $461,795 (32.1%) 0.00 26
2021-05-01 $289,450 (1.6%) $519,625 (44.0%) 0.00 39
2021-06-01 $254,700 (-11.9%) $484,076 (30.0%) 0.00 54
2021-07-01 $163,180 (-48.3%) $328,878 (-21.5%) 0.00 104
2021-08-01 $161,290 (-48.8%) $346,192 (-16.2%) 0.00 96
2021-09-01 $180,375 (-44.1%) $376,323 (-6.7%) 0.00 79
2021-10-01 $280,988 (-14.8%) $427,589 (9.4%) 0.00 56
2021-11-01 $308,550 (-4.7%) $556,909 (45.3%) 0.00 52
2021-12-01 $279,950 (-14.0%) $542,435 (36.9%) 0.00 45
2022-01-01 $275,000 (-8.3%) $511,181 (28.4%) 0.00 37
2022-02-01 $348,850 (7.4%) $629,180 (61.1%) 0.00 24
2022-03-01 $337,500 (1.9%) $698,569 (65.4%) 0.00 26
2022-04-01 $334,900 (-10.1%) $706,669 (53.0%) 0.00 36
2022-05-01 $337,500 (16.6%) $670,677 (29.1%) 0.00 48
2022-06-01 $448,700 (76.2%) $781,245 (61.4%) 0.00 69
2022-07-01 $470,000 (188.0%) $777,962 (136.6%) 0.00 88
2022-08-01 $499,500 (209.7%) $771,564 (122.9%) 0.00 106
2022-09-01 $399,950 (121.7%) $681,923 (81.2%) 0.00 127
2022-10-01 $412,000 (46.6%) $669,354 (56.5%) 0.00 127
2022-11-01 $362,962 (17.6%) $596,422 (7.1%) 0.00 135
2022-12-01 $364,008 (30.0%) $579,175 (6.8%) 0.00 136
2023-01-01 $369,450 (34.4%) $564,052 (10.3%) 0.00 128
2023-02-01 $366,529 (5.1%) $583,610 (-7.2%) 0.00 129
2023-03-01 $384,029 (13.8%) $607,509 (-13.0%) 0.00 112
2023-04-01 $449,450 (34.2%) $648,207 (-8.3%) 0.00 111
2023-05-01 $411,450 (21.9%) $643,257 (-4.1%) 0.00 114
2023-06-01 $426,725 (-4.9%) $637,766 (-18.4%) 0.00 131
2023-07-01 $425,000 (-9.6%) $626,806 (-19.4%) 0.00 148
2023-08-01 $406,250 (-18.7%) $620,831 (-19.5%) 0.00 154
2023-09-01 $415,625 (3.9%) $636,376 (-6.7%) 0.00 160
2023-10-01 $438,833 (6.5%) $638,593 (-4.6%) 0.00 176
2023-11-01 $455,000 (25.4%) $631,320 (5.9%) 0.00 180
2023-12-01 $444,990 (22.3%) $568,910 (-1.8%) 0.00 181
2024-01-01 $429,450 (16.2%) $546,466 (-3.1%) 0.00 171
2024-02-01 $429,831 (17.3%) $560,460 (-4.0%) 0.00 176
2024-03-01 $427,275 (11.3%) $629,181 (3.6%) 0.00 218
2024-04-01 $434,248 (-3.4%) $603,278 (-6.9%) 0.00 226
2024-05-01 $457,500 (11.2%) $593,916 (-7.7%) 0.00 231
2024-06-01 $450,000 (5.5%) $598,378 (-6.2%) 0.00 246
2024-07-01 $421,350 (-0.9%) $567,641 (-9.4%) 0.00 245
2024-08-01 $399,568 (-1.6%) $532,041 (-14.3%) 0.00 236
2024-09-01 $399,034 (-4.0%) $514,980 (-19.1%) 0.00 249
Gainesville's median listing price for 2024-09-01 was $399,034, a difference of $-16,591 (-4.0%) versus the prior year and $-534 versus the prior month.

Gainesville's median listing price comes in at 0% of the national average.

Gainesville's average listing price for 2024-09-01 was $514,980, a difference of $-121,396 (-19.1%) versus the prior year and $-17,061 versus the prior month.

For the 2024-09-01 period, Gainesville had 249 MLS listings, a difference of 13 listings (6%) versus the prior month and 89 listings (56%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Gainesville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,053 sqft
2018-02-01 0 days 2,126 sqft
2018-03-01 0 days 2,209 sqft
2018-04-01 0 days 2,250 sqft
2018-05-01 0 days 2,422 sqft
2018-06-01 0 days 2,298 sqft
2018-07-01 0 days 2,297 sqft
2018-08-01 0 days 2,266 sqft
2018-09-01 0 days 2,187 sqft
2018-10-01 0 days 2,124 sqft
2018-11-01 0 days 2,092 sqft
2018-12-01 0 days 2,040 sqft
2019-01-01 0 days 2,020 sqft
2019-02-01 0 days 2,055 sqft
2019-03-01 0 days 2,091 sqft
2019-04-01 0 days 2,107 sqft
2019-05-01 0 days 2,040 sqft
2019-06-01 0 days 2,161 sqft
2019-07-01 0 days 2,163 sqft
2019-08-01 0 days 2,119 sqft
2019-09-01 0 days 2,057 sqft
2019-10-01 0 days 2,017 sqft
2019-11-01 0 days 2,133 sqft
2019-12-01 0 days 2,142 sqft
2020-01-01 0 days 2,155 sqft
2020-02-01 0 days 1,992 sqft
2020-03-01 0 days 1,948 sqft
2020-04-01 0 days 2,027 sqft
2020-05-01 0 days 2,058 sqft
2020-06-01 0 days 2,063 sqft
2020-07-01 0 days 2,124 sqft
2020-08-01 0 days 2,110 sqft
2020-09-01 0 days 2,107 sqft
2020-10-01 0 days 2,165 sqft
2020-11-01 0 days 2,092 sqft
2020-12-01 0 days 2,097 sqft
2021-01-01 0 days 2,115 sqft
2021-02-01 0 days 2,069 sqft
2021-03-01 0 days 2,198 sqft
2021-04-01 0 days 2,151 sqft
2021-05-01 0 days 1,903 sqft
2021-06-01 0 days 1,681 sqft
2021-07-01 0 days 1,240 sqft
2021-08-01 0 days 1,281 sqft
2021-09-01 0 days 1,391 sqft
2021-10-01 0 days 1,939 sqft
2021-11-01 0 days 1,869 sqft
2021-12-01 0 days 1,908 sqft
2022-01-01 0 days 1,789 sqft
2022-02-01 0 days 1,863 sqft
2022-03-01 0 days 1,940 sqft
2022-04-01 0 days 1,953 sqft
2022-05-01 0 days 1,972 sqft
2022-06-01 0 days 2,174 sqft
2022-07-01 0 days 2,242 sqft
2022-08-01 0 days 2,242 sqft
2022-09-01 0 days 2,102 sqft
2022-10-01 0 days 2,042 sqft
2022-11-01 0 days 1,990 sqft
2022-12-01 0 days 1,964 sqft
2023-01-01 0 days 2,005 sqft
2023-02-01 0 days 2,007 sqft
2023-03-01 0 days 2,039 sqft
2023-04-01 0 days 2,177 sqft
2023-05-01 0 days 2,097 sqft
2023-06-01 0 days 2,062 sqft
2023-07-01 0 days 2,011 sqft
2023-08-01 0 days 2,024 sqft
2023-09-01 0 days 2,018 sqft
2023-10-01 0 days 2,070 sqft
2023-11-01 0 days 2,118 sqft
2023-12-01 0 days 2,114 sqft
2024-01-01 0 days 2,048 sqft
2024-02-01 0 days 2,090 sqft
2024-03-01 0 days 2,020 sqft
2024-04-01 0 days 2,010 sqft
2024-05-01 0 days 2,064 sqft
2024-06-01 0 days 2,040 sqft
2024-07-01 0 days 2,031 sqft
2024-08-01 0 days 2,000 sqft
2024-09-01 0 days 2,020 sqft
Gainesville's median listing age (time on market) for 2024-09-01 was 0 days.

Gainesville's median square footage for active listings during the 2024-09-01 period was 2,020 sqft. One year prior, the average listing was 2,018 sqft.

Gainesville, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 574 $173,060,000 $301,498
Cash Out Refi 76 $17,490,000 $230,132
Other 47 $9,635,000 $205,000
Refi 45 $12,135,000 $269,667
Home Improvement 28 $4,390,000 $156,786

Gainesville's most frequently cited loan purpose was Home Purchase, with 574 originations. The 2nd most popular reason was Cash Out Refi, with 76 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 256 $76,900,000 $300,391
7-8% 201 $59,075,000 $293,905
5-6% 138 $40,650,000 $294,565
Over 8% 118 $20,590,000 $174,492
4-5% 35 $11,175,000 $319,286
<2.5% 3 $15,000 $5,000
2.5-3% 2 $310,000 $155,000

During 2023, Gainesville's most frequently originated rate bucket was 6-7%, with 256 originations.

Loan Sizing (Gainesville, TX MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 392 $111,350,000 $284,056
$100k-200k 184 $27,680,000 $150,435
$400k-600k 84 $40,070,000 $477,024
$100,000 or less 74 $4,880,000 $65,946
$600k-1000k 24 $16,790,000 $699,583
$Over $1MM 12 $15,940,000 $1,328,333

Gainesville's loan sizing saw the bucket of loans from $200k-400k with 392 originations, totaling $111,350,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 368 $106,140,000 $288,424
60-80% 182 $59,300,000 $325,824
40-60% 85 $22,535,000 $265,118
20-40% 66 $12,520,000 $189,697
Under 20% 42 $4,670,000 $111,190
Over 100% 11 $3,845,000 $349,545

Gainesville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 368 originations, totaling $106,140,000 in origination value.