32607
Gainesville, Florida
Gainesville 32607 needs watching.
The 32607 ZIP code in Gainesville, Florida has a median sale price of $255K, down -27.5% year-over-year. Homes spend an average of 76 days on market, with 8% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32607.
The Gainesville 32607 market has contracted sharply, with the median sale price falling 27.5% year-over-year to $255,000 as of February 2026. Homes are moving slowly at 76 days on market, triple the pace seen in hot markets. Only 8% of properties are selling above list price, indicating minimal competition among buyers and suggesting sellers hold weak negotiating positions in current transactions.
This environment favors cash buyers and patient investors willing to absorb near-term volatility. The 27.5% price decline creates entry points for long-term holders, particularly those targeting university rental demand given Gainesville's student population. Sellers face difficulty unless pricing aggressively below recent comparables, as the 8% above-list statistic confirms buyers control negotiations and can enforce concessions.
The PropIQ score of 55 signals continued caution, suggesting stabilization remains uncertain and further downside risk exists before bottoming. Buyers should monitor whether days-on-market trends below 70 or above-list transactions exceed 15%, which would indicate demand recovery. Current data points to a market still searching for price equilibrium, requiring at least two consecutive quarters of improved metrics before confirming a turning point.
What is the median home price in 32607 Gainesville?
The median sale price in 32607 is $255K, down -27.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Gainesville 32607?
Homes in 32607 Gainesville spend an average of 76 days on market before going under contract.
Is Gainesville 32607 a good place to invest in real estate?
Folio's PropIQ™ score for 32607 is 55/100 — a Caution signal. 8% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 32607?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 55 = Caution in 32607 Gainesville, Florida.