Home prices
Gainesville's median home cost is $81,300. It is about $28,780 (26%) lower compared to nearby areas.In comparison to the entire nation it is approximately $136,200 (62%) lower, and in comparison to the city of Springfield it is roughly $36,800 (31%) lower.
Rents
Gainesville's median rent is $568 a month. In comparison to its surrounding areas this is roughly $37 (6%) lower.It is roughly $494 (46%) lower in comparison to the entire nation, and is about $176 (23%) lower in comparison to the city of Springfield.
Nearby places
Theodosia
Theodosia is approximately 11 miles west from Gainesville. Its real estate prices are similar. Theodosia's median home cost is $85,000, which works out to $3,700 (4%) higher than Gainesville. Rents there are a bit less expensive. The median rent in Theodosia is $492 a month, which is $76 (15%) lower than Gainesville.
Bakersfield
Bakersfield is roughly 14 miles southeast from Gainesville. The housing prices there are fairly similar. The median home in Bakersfield is valued at $79,200, which works out to $2,100 (2%) lower than Gainesville. Rent there is a little more expensive. In Bakersfield the median rent is $668 a month, which works out to $100 (14%) higher than Gainesville.
Midway
Midway is roughly 15 miles south from Gainesville. Its housing prices are a bit more expensive. The median home in Midway is valued at $116,900, which is $35,600 (30%) higher than Gainesville. Rent there is fairly similar. Midway's median monthly rent is $593, which is $25 (4%) higher than Gainesville.
Lakeview
Lakeview is roughly 17 miles south from Gainesville. Real estate prices there are substantially more expensive. The median home in Lakeview costs $143,000, which works out to $61,700 (43%) higher than Gainesville. Rent there is a bit more expensive. The median rent in Lakeview is $750 a month, which is $182 (24%) higher than Gainesville.
Bull Shoals
Bull Shoals is roughly 18 miles southwest from Gainesville. Its housing prices are a lot more expensive. Bull Shoals's median home price is $126,300, which works out to $45,000 (35%) higher than Gainesville. Rents there are somewhat less expensive. The median rent in Bull Shoals is $522 per month, which works out to $46 (8%) lower than Gainesville.
