Gainesville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Gainesville averaged
6.92%
for the week of 2024-04-18, compared to the national average of
7.1% for the same period.
The average rate for the prior week (2024-04-11) was
6.8% and
one month ago for the week of 2024-03-14, the
average rate was 6.76%.
Gainesville's average rate one year ago was 5.99%.
For refis of the same type during the week of 2024-04-18, the average rate
was 7.6%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-18 | 7.1% |
| Gainesville 30 Year Fixed Rate | 2024-04-18 | 6.92% |
| Gainesville 30 Year Fixed Rate Refi | 2024-04-18 | 7.6% |
| Gainesville 15 Year Fixed Rate | 2024-04-18 | 6.29% |
| Gainesville 15 Year Fixed Rate Refi | 2024-04-18 | 6.69% |
| Gainesville 30 Year FHA | 2024-04-18 | 6.68% |
| Gainesville 30 Year FHA Refi | 2024-04-18 | 6.66% |
| Gainesville 30 Year USDA | 2024-04-18 | 6.66% |
| Gainesville 30 Year USDA Refi | 2024-04-18 | 6.76% |
| Gainesville 30 Year VA | 2024-04-18 | 6.56% |
| Gainesville 30 Year VA Refi | 2024-04-18 | 6.86% |
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.).
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 |
Gainesville's median listing price comes in at 0% of the national average.
Gainesville's average listing price for 2024-03-01 was $629,181, a difference of $21,672 (3.6%) versus the prior year and $68,721 versus the prior month.
For the 2024-03-01 period, Gainesville had 218 MLS listings, a difference of 42 listings (24%) versus the prior month and 106 listings (95%) 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 |
Gainesville's median square footage for active listings during the 2024-03-01 period was 2,020 sqft. One year prior, the average listing was 2,039 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.