32693
Gainesville, Florida
Gainesville 32693 is stable.
The 32693 ZIP code in Gainesville, Florida has a median sale price of $270K, up +3.8% year-over-year. Homes spend an average of 88 days on market, with 11% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The Gainesville 32693 market shows moderate appreciation with a median sale price of $270,000, up 3.8% year-over-year as of February 2026. Homes are averaging 88 days on market, indicating slower absorption than peak-period norms. Only 11% of properties sold above asking price, suggesting limited buyer competition and negotiating leverage tilting away from sellers. Price growth remains positive but subdued compared to historical Florida appreciation rates.
This environment favors patient buyers with financing secured who can capitalize on the 88-day marketing period to conduct thorough due diligence and negotiate terms. The 11% above-ask rate means 89% of transactions close at or below list price, creating room for offer strategies below asking. Sellers facing the nearly three-month average DOM should price accurately from listing day rather than testing higher price points. Investors seeking immediate appreciation should exercise caution given the modest 3.8% annual gain.
The PropIQ score of 65 signals caution, indicating potential headwinds that warrant close monitoring of absorption rates and inventory levels through Q2 2026. If days on market extend beyond 90 days or the above-list percentage drops below 10%, downward price pressure could emerge. The current 3.8% growth rate may compress further if buyer demand weakens or inventory increases materially in coming months.
What is the median home price in 32693 Gainesville?
The median sale price in 32693 is $270K, up +3.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Gainesville 32693?
Homes in 32693 Gainesville spend an average of 88 days on market before going under contract.
Is Gainesville 32693 a good place to invest in real estate?
Folio's PropIQ™ score for 32693 is 65/100 — a Caution signal. 11% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 32693?
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 65 = Caution in 32693 Gainesville, Florida.