Market Intelligence · FL / Gainesville

Gainesville, FL 32608 Housing Market

Typical home value in Gainesville's 32608 ZIP is $330,256, down 1.5% over the past year. The median list price stands at $283,725, with homes spending a median of 93 days on market as of September 2026.

Updated September 2026Median value$330K

The median home value in Gainesville, FL 32608 is $330K as of September 2026, down 1.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 32608 range

$304K to $357K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.5% over 12 months

Sep 2025$335K

Low $330KHigh $335K

Sep 2026$330K

The numbers

What is the 32608 housing market like?

As of September 2026

Typical home value

$330K

1.5%YoY

Median list price

$284K

3.8%MoM

Days on market

13.4%MoM

Homes for sale

257

6.2%MoM

Price cuts

20.3%

1.5%MoM

New listings

0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

32608 housing market forecast 2027

-0.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 32608 to fall 0.9% by September 2027.

Over the 12 months through September 2026, typical home values in 32608 fell 1.5%, per the Zillow Home Value Index.

Will home prices drop in 32608?

Zillow's forecast says they may: it expects typical home values in 32608 to fall 0.9% by September 2027, after a 1.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 32608 home prices compare?

32608$330,256
Gainesville$298,466
Florida$344,436
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Gainesville: 9 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

The 32608 market shows signs of cooling. There are 257 homes for sale, with 64 new listings added in September 2026. Nearly one in five listings, at 20.3%, has seen a price cut. Homes are taking longer to move, sitting for a median of 93 days on market. For sellers, this is a buyer-friendly environment where pricing strategy and presentation matter more than they did a year ago.

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Down payment20% · $66,051

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Common questions

What people ask us.

What is the typical home value in 32608?

The typical home value in Gainesville's 32608 ZIP is $330,256, down 1.5% over the past year as of September 2026.

How many homes are currently for sale in 32608?

There are 257 homes for sale in 32608 as of September 2026, with 64 new listings added that month.

How long do homes typically stay on the market in 32608?

Homes in 32608 spend a median of 93 days on market as of September 2026.

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