Gainesville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Gainesville averaged
6.41%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
6.43% and
one month ago for the week of 2023-04-20, the
average rate was 6.53%.
Gainesville's average rate one year ago was 4.99%.
For refis of the same type during the week of 2023-05-25, the average rate
was 7.07%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
| Gainesville 30 Year Fixed Rate | 2023-05-25 | 6.41% |
| Gainesville 30 Year Fixed Rate Refi | 2023-05-25 | 7.07% |
| Gainesville 15 Year Fixed Rate | 2023-05-25 | 6.07% |
| Gainesville 15 Year Fixed Rate Refi | 2023-05-25 | 6.27% |
| Gainesville 30 Year FHA | 2023-05-25 | 6.25% |
| Gainesville 30 Year FHA Refi | 2023-05-25 | 6.41% |
| Gainesville 30 Year USDA | 2023-05-25 | 6.73% |
| Gainesville 30 Year USDA Refi | 2023-05-25 | 6.73% |
| Gainesville 30 Year VA | 2023-05-25 | 6.31% |
| Gainesville 30 Year VA Refi | 2023-05-25 | 6.41% |
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 119 lenders originated 918
loans during 2022. The total origination value was $246,700,000, with an average loan value of
$268,736.
Gainesville's average closing costs are $6,084.
The top Gainesville lender as defined by loan originations is First State Bank, with
55 loans originated. Their average total fees are
$5,418, which is $1,206
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Gainesville lenders (with over 10 loans originated) are
Prosperity Bank ($4,564), First State Bank ($5,418), QUICKEN LOANS, LLC ($6,624), First United Bank and Trust Company ($6,884) and GUILD MORTGAGE COMPANY ($7,087).
The lowest rate Gainesville lenders (with over 10 loans originated) are
First State Bank (4.73%), Prosperity Bank (4.88%), GUILD MORTGAGE COMPANY (4.91%), First United Bank and Trust Company (5.03%) and QUICKEN LOANS, LLC (5.38%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| First State Bank | $41,460,000 | $27,685,000 | -33.2% | 11.2% |
| First United Bank and Trust Company | $17,495,000 | $14,795,000 | -15.4% | 6.0% |
| QUICKEN LOANS, LLC | $21,415,000 | $14,380,000 | -32.9% | 5.8% |
| GUILD MORTGAGE COMPANY | $17,855,000 | $10,380,000 | -41.9% | 4.2% |
| Prosperity Bank | $8,350,000 | $8,430,000 | 1.0% | 3.4% |
| Independent Bank | $12,530,000 | $8,285,000 | -33.9% | 3.4% |
| Nascoga Federal Credit Union | $8,395,000 | $6,015,000 | -28.4% | 2.4% |
| Veritex Community Bank | $455,000 | $4,900,000 | 976.9% | 2.0% |
| Mortgage Research Center, LLC | $3,905,000 | $4,860,000 | 24.5% | 2.0% |
| SFMC, LP | $4,810,000 | $3,750,000 | -22.0% | 1.5% |
| 21ST MORTGAGE CORPORATION | $2,640,000 | $3,575,000 | 35.4% | 1.4% |
| EVERETT FINANCIAL, INC. | $630,000 | $3,185,000 | 405.6% | 1.3% |
| Simmons Bank | $2,245,000 | $3,160,000 | 40.8% | 1.3% |
| BancorpSouth Bank | $1,135,000 | $3,115,000 | 174.4% | 1.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $7,770,000 | $3,000,000 | -61.4% | 1.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,695,000 | $2,925,000 | -20.8% | 1.2% |
| ASPIRE FINANCIAL, INC. | $2,350,000 | $2,850,000 | 21.3% | 1.2% |
| MORTGAGE FINANCIAL SERVICES, LLC | $4,090,000 | $2,790,000 | -31.8% | 1.1% |
| CALIBER HOME LOANS, INC. | $4,145,000 | $2,660,000 | -35.8% | 1.1% |
| Wells Fargo Bank | $3,635,000 | $2,635,000 | -27.5% | 1.1% |
| Farm Credit Mid-America, ACA | $4,960,000 | $2,525,000 | -49.1% | 1.0% |
| MID AMERICA MORTGAGE, INC. | $3,810,000 | $2,515,000 | -34.0% | 1.0% |
| Liberty National Bank | $2,465,000 | n/a | 1.0% | |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,805,000 | $2,330,000 | 29.1% | 0.9% |
| Texas Regional Bank | $2,160,000 | n/a | 0.9% | |
| LOANDEPOT.COM, LLC | $6,145,000 | $1,980,000 | -67.8% | 0.8% |
| Bank of America | $1,045,000 | $1,945,000 | 86.1% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $3,305,000 | $1,900,000 | -42.5% | 0.8% |
| DATCU | $2,350,000 | $1,885,000 | -19.8% | 0.8% |
| Sunflower Bank | $450,000 | $1,870,000 | 315.6% | 0.8% |
| CMG MORTGAGE, INC. | $1,420,000 | $1,860,000 | 31.0% | 0.8% |
| THRIVE MORTGAGE, LLC | $1,000,000 | $1,765,000 | 76.5% | 0.7% |
| Paramount Residential Mortgage Group, Inc. | $560,000 | $1,745,000 | 211.6% | 0.7% |
| BROKER SOLUTIONS, INC. | $1,450,000 | $1,740,000 | 20.0% | 0.7% |
| AmeriHome Mortgage Company, LLC | $1,695,000 | n/a | 0.7% | |
| GUARANTEED RATE, INC. | $2,980,000 | $1,665,000 | -44.1% | 0.7% |
| UBS Bank USA | $1,605,000 | n/a | 0.7% | |
| S1L, Inc. | $785,000 | $1,585,000 | 101.9% | 0.6% |
| American National Bank & Trust | $1,565,000 | n/a | 0.6% | |
| GSB MORTGAGE, INC. | $1,565,000 | $1,555,000 | -0.6% | 0.6% |
| HOME POINT FINANCIAL CORPORATION | $1,755,000 | $1,550,000 | -11.7% | 0.6% |
| Citizens Bank | $760,000 | $1,535,000 | 102.0% | 0.6% |
| CERTAINTY HOME LOANS, LLC | $510,000 | $1,505,000 | 195.1% | 0.6% |
| AMCAP MORTGAGE, LTD. | $4,105,000 | $1,435,000 | -65.0% | 0.6% |
| Zions Bancorporation, N.A. | $1,845,000 | $1,430,000 | -22.5% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,050,000 | $1,345,000 | -34.4% | 0.5% |
| Morgan Stanley Private Bank | $515,000 | $1,250,000 | 142.7% | 0.5% |
| LHM FINANCIAL CORPORATION | $370,000 | $1,210,000 | 227.0% | 0.5% |
| Colonial Savings, F.A. | $1,565,000 | $1,205,000 | -23.0% | 0.5% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,545,000 | $1,190,000 | -53.2% | 0.5% |
| FREEDOM MORTGAGE CORPORATION | $5,550,000 | $1,180,000 | -78.7% | 0.5% |
| Town Square Mortgage & Investments, Inc. | $1,235,000 | $1,165,000 | -5.7% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $280,000 | $1,085,000 | 287.5% | 0.4% |
| NexBank | $2,135,000 | $1,080,000 | -49.4% | 0.4% |
| NEWREZ LLC | $2,060,000 | $1,025,000 | -50.2% | 0.4% |
| CHERRY CREEK MORTGAGE, LLC | $1,045,000 | $1,010,000 | -3.3% | 0.4% |
| Prosperity Home Mortgage, LLC | $1,590,000 | $930,000 | -41.5% | 0.4% |
| First Financial Bank | $1,940,000 | $910,000 | -53.1% | 0.4% |
| CITY | $325,000 | $905,000 | 178.5% | 0.4% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $1,745,000 | $860,000 | -50.7% | 0.3% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $920,000 | $855,000 | -7.1% | 0.3% |
| First National Bank | $1,545,000 | $830,000 | -46.3% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $755,000 | $815,000 | 7.9% | 0.3% |
| ROYAL UNITED MORTGAGE LLC | $200,000 | $815,000 | 307.5% | 0.3% |
| Frost Bank | $800,000 | n/a | 0.3% | |
| Wyndham Capital Mortgage, Inc. | $800,000 | n/a | 0.3% | |
| Encompass Lending Group, LP | $355,000 | $795,000 | 123.9% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $1,890,000 | $780,000 | -58.7% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $990,000 | $755,000 | -23.7% | 0.3% |
| OCMBC, INC. | $735,000 | n/a | 0.3% | |
| Network Funding, L.P. | $1,025,000 | $725,000 | -29.3% | 0.3% |
| Truist | $655,000 | $725,000 | 10.7% | 0.3% |
| Trinity Oaks Mortgage, LLC | $705,000 | n/a | 0.3% | |
| DOMINION FINANCIAL SERVICES, LLC | $695,000 | n/a | 0.3% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $2,970,000 | $690,000 | -76.8% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,200,000 | $675,000 | -43.8% | 0.3% |
| GULF COAST EDUCATORS FEDERAL CREDIT UNION | $660,000 | n/a | 0.3% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,320,000 | $660,000 | -50.0% | 0.3% |
| American Airlines Federal Credit Union | $215,000 | $650,000 | 202.3% | 0.3% |
| Inwood National Bank | $645,000 | n/a | 0.3% | |
| JPMorgan Chase Bank | $7,500,000 | $635,000 | -91.5% | 0.3% |
| Texas Republic Bank | $635,000 | n/a | 0.3% | |
| American Mortgage Bank, LLC | $305,000 | $630,000 | 106.6% | 0.3% |
| Bank of England | $235,000 | $630,000 | 168.1% | 0.3% |
| First Bank | $2,140,000 | $620,000 | -71.0% | 0.3% |
| PHH Mortgage Corporation | $275,000 | $610,000 | 121.8% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $210,000 | $600,000 | 185.7% | 0.2% |
| Gateway First Bank | $1,225,000 | $595,000 | -51.4% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $1,485,000 | $585,000 | -60.6% | 0.2% |
| Waterstone Mortgage Corporation | $500,000 | $585,000 | 17.0% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $185,000 | $575,000 | 210.8% | 0.2% |
| Guaranty Bank & Trust, N.A. | $835,000 | $575,000 | -31.1% | 0.2% |
| AccessBank Texas | $1,345,000 | $560,000 | -58.4% | 0.2% |
| Goldwater Bank, N.A. | $1,935,000 | $550,000 | -71.6% | 0.2% |
| NFM, INC. | $550,000 | n/a | 0.2% | |
| INFINITY MORTGAGE HOLDINGS, LLC | $390,000 | $545,000 | 39.7% | 0.2% |
| Republic State Mortgage Co. | $695,000 | $545,000 | -21.6% | 0.2% |
| Strong Home Mortgage, LLC | $385,000 | $545,000 | 41.6% | 0.2% |
| GUARANTY HOME MORTGAGE CORPORATION | $515,000 | $540,000 | 4.9% | 0.2% |
| PNC Bank | $535,000 | n/a | 0.2% | |
| UNITED BUILT HOMES, L.L.C. | $255,000 | $520,000 | 103.9% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $515,000 | n/a | 0.2% | |
| STEARNS LENDING, LLC | $450,000 | $510,000 | 13.3% | 0.2% |
| RANDOLPH-BROOKS | $555,000 | $505,000 | -9.0% | 0.2% |
| SOVEREIGN LENDING GROUP INCORPORATED | $590,000 | $505,000 | -14.4% | 0.2% |
| CALCON MUTUAL MORTGAGE LLC | $490,000 | n/a | 0.2% | |
| Magnolia Bank | $485,000 | n/a | 0.2% | |
| OPEN MORTGAGE, LLC | $465,000 | $485,000 | 4.3% | 0.2% |
| ALAMEDA MORTGAGE CORPORATION | $475,000 | n/a | 0.2% | |
| LOANPAL, LLC | $95,000 | $455,000 | 378.9% | 0.2% |
| TEXAS TECH | $455,000 | n/a | 0.2% | |
| BETTER MORTGAGE CORPORATION | $2,390,000 | $435,000 | -81.8% | 0.2% |
| Commerce Home Mortgage, Inc. | $425,000 | n/a | 0.2% | |
| Commercial Bank of Texas | $425,000 | n/a | 0.2% | |
| FINANCE OF AMERICA MORTGAGE LLC | $540,000 | $415,000 | -23.1% | 0.2% |
| Legend Bank, N.A. | $610,000 | $405,000 | -33.6% | 0.2% |
| SECURITY SERVICE | $395,000 | n/a | 0.2% | |
| Ally Bank | $415,000 | $385,000 | -7.2% | 0.2% |
| Community National Bank & Trust | $385,000 | n/a | 0.2% | |
| GSF Mortgage Corporation | $415,000 | $385,000 | -7.2% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $755,000 | $375,000 | -50.3% | 0.2% |
| Credit Union of Texas | $175,000 | $370,000 | 111.4% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $135,000 | $360,000 | 166.7% | 0.1% |
| EECU | $125,000 | $340,000 | 172.0% | 0.1% |
| Kwik Mortgage Corporation | $335,000 | n/a | 0.1% | |
| SOUTHWEST STAGE FUNDING, LLC | $1,170,000 | $335,000 | -71.4% | 0.1% |
| First Bank & Trust | $1,735,000 | $330,000 | -81.0% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $920,000 | $330,000 | -64.1% | 0.1% |
| Loan Simple, Inc. | $350,000 | $325,000 | -7.1% | 0.1% |
| The American National Bank of Texas | $1,125,000 | $315,000 | -72.0% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $750,000 | $295,000 | -60.7% | 0.1% |
| Town and Country Bank | $295,000 | n/a | 0.1% | |
| UNION SQUARE | $115,000 | $295,000 | 156.5% | 0.1% |
| AMERICAN ADVISORS GROUP | $160,000 | $290,000 | 81.3% | 0.1% |
| Centennial Bank | $290,000 | n/a | 0.1% | |
| International Bank of Commerce | $285,000 | n/a | 0.1% | |
| GENEVA FINANCIAL, LLC | $410,000 | $280,000 | -31.7% | 0.1% |
| AMERICAN FINANCING CORPORATION | $360,000 | $275,000 | -23.6% | 0.1% |
| BM Real Estate Services, Inc. | $535,000 | $275,000 | -48.6% | 0.1% |
| First National Bank of Omaha | $275,000 | n/a | 0.1% | |
| First Savings Bank | $115,000 | $270,000 | 134.8% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $355,000 | $265,000 | -25.4% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $195,000 | $265,000 | 35.9% | 0.1% |
| Flagstar Bank, FSB | $1,940,000 | $265,000 | -86.3% | 0.1% |
| V.I.P. MORTGAGE, INC. | $315,000 | $265,000 | -15.9% | 0.1% |
| DAS Acquisition Company, LLC | $395,000 | $255,000 | -35.4% | 0.1% |
| GREATER TEXAS FEDERAL CREDIT UNION | $255,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $1,045,000 | $255,000 | -75.6% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $255,000 | n/a | 0.1% | |
| SOUTHWEST FUNDING, LP | $385,000 | $255,000 | -33.8% | 0.1% |
| Nations Lending Corporation | $585,000 | $250,000 | -57.3% | 0.1% |
| City Bank | $1,270,000 | $245,000 | -80.7% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $155,000 | $245,000 | 58.1% | 0.1% |
| USAA Federal Savings Bank | $335,000 | $245,000 | -26.9% | 0.1% |
| INTEGRITY MORTGAGE CORPORATION OF TEXAS | $940,000 | $235,000 | -75.0% | 0.1% |
| UNION HOME MORTGAGE CORP. | $260,000 | $235,000 | -9.6% | 0.1% |
| Texas Mortgage Lending, LLC | $225,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $220,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $425,000 | $215,000 | -49.4% | 0.1% |
| Platinum Home Mortgage Corporation | $215,000 | n/a | 0.1% | |
| Amarillo National Bank | $830,000 | $205,000 | -75.3% | 0.1% |
| First Internet Bank of Indiana | $205,000 | n/a | 0.1% | |
| MOBILITY Credit Union | $205,000 | n/a | 0.1% | |
| SIRVA MORTGAGE, INC. | $205,000 | n/a | 0.1% | |
| Hometown Lenders, Inc. | $175,000 | n/a | 0.1% | |
| NETWORK CAPITAL FUNDING CORPORATION | $215,000 | $175,000 | -18.6% | 0.1% |
| TEXANS | $215,000 | $175,000 | -18.6% | 0.1% |
| United Texas Credit Union | $175,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $155,000 | n/a | 0.1% | |
| KeyBank | $155,000 | n/a | 0.1% | |
| AMERIFIRST FINANCIAL CORPORATION | $145,000 | n/a | 0.1% | |
| IMPAC MORTGAGE CORP. | $145,000 | n/a | 0.1% | |
| Western Sun FCU | $145,000 | n/a | 0.1% | |
| AMERICAN HERITAGE LENDING, INC. | $135,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $135,000 | n/a | 0.1% | |
| TIB The Independent Bankersbank | $1,895,000 | $135,000 | -92.9% | 0.1% |
| Advisors Mortgage Group, L.L.C. | $125,000 | n/a | 0.1% | |
| Hometown Equity Mortgage, LLC | $105,000 | n/a | 0.0% | |
| LENDINGHOME FUNDING CORPORATION | $85,000 | n/a | 0.0% | |
| First Guaranty Mortgage Corporation | $935,000 | $55,000 | -94.1% | 0.0% |
| Lamar National Bank | $95,000 | $55,000 | -42.1% | 0.0% |
| Discover Bank | $85,000 | $35,000 | -58.8% | 0.0% |
Gainesville's top lender by overall market share is First State Bank, with 11.2% market share. In second place, with 6.0%, is First United Bank and Trust Company, having originated $14,795,000 in loans. In third place, with 5.8%, is QUICKEN LOANS, LLC, having originated $14,380,000 in loans. In fourth place, with 4.2%, is GUILD MORTGAGE COMPANY, having originated $10,380,000 in loans. In fifth place, with 3.4%, is Prosperity Bank, having originated $8,430,000 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 (8.7%) | 0.00 | 103 |
| 2018-06-01 | $345,900 (15.8%) | $442,542 (3.3%) | 0.00 | 121 |
| 2018-07-01 | $317,500 (6.0%) | $438,499 (6.1%) | 0.00 | 134 |
| 2018-08-01 | $324,950 (0.5%) | $416,642 (0.8%) | 0.00 | 139 |
| 2018-09-01 | $299,900 (-2.5%) | $405,533 (-0.7%) | 0.00 | 138 |
| 2018-10-01 | $276,750 (-7.8%) | $388,587 (-3.5%) | 0.00 | 138 |
| 2018-11-01 | $293,750 (-7.5%) | $397,506 (-4.5%) | 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 | $286,250 (-16.8%) | $404,730 (-4.9%) | 0.00 | 128 |
| 2019-04-01 | $271,732 (-25.3%) | $394,682 (-11.9%) | 0.00 | 138 |
| 2019-05-01 | $286,700 (-22.0%) | $367,035 (-23.2%) | 0.00 | 139 |
| 2019-06-01 | $298,000 (-13.9%) | $383,085 (-13.4%) | 0.00 | 147 |
| 2019-07-01 | $299,450 (-5.7%) | $384,802 (-12.3%) | 0.00 | 152 |
| 2019-08-01 | $299,900 (-7.7%) | $388,162 (-6.8%) | 0.00 | 150 |
| 2019-09-01 | $298,800 (-0.4%) | $374,167 (-7.7%) | 0.00 | 147 |
| 2019-10-01 | $309,950 (12.0%) | $390,480 (0.5%) | 0.00 | 150 |
| 2019-11-01 | $329,950 (12.3%) | $395,555 (-0.5%) | 0.00 | 136 |
| 2019-12-01 | $303,250 (12.0%) | $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 (-4.8%) | $340,583 (-15.9%) | 0.00 | 146 |
| 2020-04-01 | $279,414 (2.8%) | $349,602 (-11.4%) | 0.00 | 138 |
| 2020-05-01 | $285,000 (-0.6%) | $360,864 (-1.7%) | 0.00 | 127 |
| 2020-06-01 | $289,125 (-3.0%) | $372,338 (-2.8%) | 0.00 | 112 |
| 2020-07-01 | $315,750 (5.4%) | $419,072 (8.9%) | 0.00 | 103 |
| 2020-08-01 | $315,000 (5.0%) | $413,313 (6.5%) | 0.00 | 89 |
| 2020-09-01 | $322,375 (7.9%) | $403,273 (7.8%) | 0.00 | 83 |
| 2020-10-01 | $329,900 (6.4%) | $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 (7.3%) | $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 | $264,975 (-8.4%) | $494,299 (32.8%) | 0.00 | 55 |
| 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 | $348,950 (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 (69.3%) | $781,245 (58.1%) | 0.00 | 69 |
| 2022-07-01 | $465,000 (185.0%) | $775,627 (135.8%) | 0.00 | 88 |
| 2022-08-01 | $493,475 (206.0%) | $772,029 (123.0%) | 0.00 | 105 |
| 2022-09-01 | $397,383 (120.3%) | $680,497 (80.8%) | 0.00 | 127 |
| 2022-10-01 | $415,000 (47.7%) | $670,008 (56.7%) | 0.00 | 129 |
| 2022-11-01 | $363,530 (17.8%) | $597,801 (7.3%) | 0.00 | 135 |
| 2022-12-01 | $363,807 (30.0%) | $577,635 (6.5%) | 0.00 | 137 |
| 2023-01-01 | $369,450 (34.4%) | $564,052 (10.3%) | 0.00 | 128 |
| 2023-02-01 | $368,058 (5.5%) | $584,847 (-7.1%) | 0.00 | 130 |
| 2023-03-01 | $387,000 (14.7%) | $606,462 (-13.2%) | 0.00 | 113 |
| 2023-04-01 | $450,000 (34.4%) | $645,230 (-8.7%) | 0.00 | 114 |
Gainesville's median listing price comes in at 0% of the national average.
Gainesville's average listing price for 2023-04-01 was $645,230, a difference of $-61,439 (-8.7%) versus the prior year and $38,768 versus the prior month.
For the 2023-04-01 period, Gainesville had 114 MLS listings, a difference of 1 listings (1%) versus the prior month and 78 listings (217%) 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 | 2,079 sqft |
| 2019-04-01 | 0 days | 2,116 sqft |
| 2019-05-01 | 0 days | 2,038 sqft |
| 2019-06-01 | 0 days | 2,166 sqft |
| 2019-07-01 | 0 days | 2,170 sqft |
| 2019-08-01 | 0 days | 2,155 sqft |
| 2019-09-01 | 0 days | 2,114 sqft |
| 2019-10-01 | 0 days | 2,011 sqft |
| 2019-11-01 | 0 days | 2,142 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 | 1,737 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 | 2,246 sqft |
| 2022-08-01 | 0 days | 2,246 sqft |
| 2022-09-01 | 0 days | 2,103 sqft |
| 2022-10-01 | 0 days | 2,052 sqft |
| 2022-11-01 | 0 days | 2,000 sqft |
| 2022-12-01 | 0 days | 1,972 sqft |
| 2023-01-01 | 0 days | 2,005 sqft |
| 2023-02-01 | 0 days | 2,008 sqft |
| 2023-03-01 | 0 days | 2,044 sqft |
| 2023-04-01 | 0 days | 2,205 sqft |
Gainesville's median square footage for active listings during the 2023-04-01 period was 2,205 sqft. One year prior, the average listing was 1,953 sqft.
Gainesville, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 545 | $153,235,000 | $281,165 |
| Cash Out Refi | 175 | $47,295,000 | $270,257 |
| Refi | 102 | $25,720,000 | $252,157 |
| Other | 65 | $13,745,000 | $211,462 |
| Home Improvement | 29 | $6,625,000 | $228,448 |
| NA | 2 | $80,000 | $40,000 |
Gainesville's most frequently cited loan purpose was Home Purchase, with 545 originations. The 2nd most popular reason was Cash Out Refi, with 175 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 235 | $63,885,000 | $271,851 |
| 4-5% | 208 | $64,320,000 | $309,231 |
| 3-4% | 201 | $52,885,000 | $263,109 |
| 6-7% | 132 | $33,520,000 | $253,939 |
| 7-8% | 51 | $11,025,000 | $216,176 |
| 2.5-3% | 33 | $7,835,000 | $237,424 |
| Over 8% | 26 | $3,910,000 | $150,385 |
| <2.5% | 21 | $4,845,000 | $230,714 |
During 2022, Gainesville's most frequently originated rate bucket was 5-6%, with 235 originations.
Loan Sizing (Gainesville, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 395 | $110,935,000 | $280,848 |
| $100k-200k | 278 | $41,490,000 | $149,245 |
| $100,000 or less | 110 | $6,930,000 | $63,000 |
| $400k-600k | 87 | $42,755,000 | $491,437 |
| $600k-1000k | 38 | $26,740,000 | $703,684 |
| $Over $1MM | 10 | $17,850,000 | $1,785,000 |
Gainesville's loan sizing saw the bucket of loans from $200k-400k with 395 originations, totaling $110,935,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 349 | $94,855,000 | $271,791 |
| 60-80% | 266 | $86,270,000 | $324,323 |
| 40-60% | 158 | $39,770,000 | $251,709 |
| 20-40% | 83 | $14,645,000 | $176,446 |
| Under 20% | 41 | $2,545,000 | $62,073 |
| Over 100% | 12 | $4,350,000 | $362,500 |
Gainesville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 349 originations, totaling $94,855,000 in origination value.