76263
Gainesville, Texas
Gainesville 76263 needs watching.
The 76263 ZIP code in Gainesville, Texas has a median sale price of $145K, down N/A year-over-year. Homes spend an average of 29 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 47 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 76263.
The 76263 ZIP code in Gainesville shows a stabilized market with a median sale price of $145,000 holding flat year-over-year through September 2021. Properties are moving relatively quickly at 29 days on market, yet zero homes sold above asking price, indicating buyers maintain negotiating leverage despite the swift absorption rate. This combination suggests equilibrium between supply and demand, with neither party commanding premium positioning in transactions.
Buyers willing to pay list price can secure properties efficiently in this market, as the 29-day clearance rate provides reasonable inventory turnover without bidding pressure. The flat annual appreciation and absence of above-ask sales favor conservative investors seeking cash flow over appreciation plays, as entry prices remain predictable. Sellers must price accurately from listing, since the zero percent above-ask metric demonstrates the market will not reward optimistic positioning or generate competitive bidding scenarios.
The PropIQ score of 47 signals caution and suggests limited near-term price expansion potential based on current momentum indicators. With prices unmoved over twelve months despite quick sale velocities, the data points to demand meeting supply at current price levels rather than growth trajectory. Monitoring inventory levels and days-on-market trends will indicate whether the equilibrium breaks toward buyer or seller advantage in coming quarters.
What is the median home price in 76263 Gainesville?
The median sale price in 76263 is $145K, down N/A year-over-year as of 2021-09-30.
How long do homes stay on the market in Gainesville 76263?
Homes in 76263 Gainesville spend an average of 29 days on market before going under contract.
Is Gainesville 76263 a good place to invest in real estate?
Folio's PropIQ™ score for 76263 is 47/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 47 mean for 76263?
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 47 = Caution in 76263 Gainesville, Texas.