Market Intelligence · FL / Gainesville

Gainesville, FL 32609 Housing Market

Homes in Gainesville's 32609 ZIP are worth $215,629 on average, down 3.3% from a year ago. The median list price sits at $228,225, with homes staying on the market for a median of 59 days.

Updated September 2026Median value$216K

The median home value in Gainesville, FL 32609 is $216K as of September 2026, down 3.3% 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 32609 range

$198K to $233K

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

-3.3% over 12 months

Sep 2025$223K

Low $216KHigh $223K

Sep 2026$216K

The numbers

What is the 32609 housing market like?

As of September 2026

Typical home value

$216K

3.3%YoY

Median list price

$228K

3.8%MoM

Days on market

20.4%MoM

Homes for sale

25.7%MoM

Price cuts

21.0%

16.2%MoM

New listings

50.0%MoM

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

The outlook

32609 housing market forecast 2027

-2.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 32609 to fall 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in 32609 fell 3.3%, per the Zillow Home Value Index.

Will home prices drop in 32609?

Zillow's forecast says they may: it expects typical home values in 32609 to fall 2.0% by September 2027, after a 3.3% 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 32609 home prices compare?

32609$215,629
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

There are 44 homes for sale in this area as of September 2026, with 18 new listings arriving recently. About 21.0% of active listings have seen a price cut, which aligns with the broader weakening in home values. The 59-day median time on market indicates homes are taking longer to find buyers. For sellers, this suggests a patient buyer pool and less negotiating leverage than in stronger markets.

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Down payment20% · $43,126

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Common questions

What people ask us.

What is the typical home value in 32609?

The typical home value in Gainesville's 32609 ZIP is $215,629, which has declined 3.3% over the past year.

How many homes are currently for sale in 32609?

There are 44 homes for sale as of September 2026, with 18 new listings recently added to the market.

How long do homes typically stay on the market here?

Homes in this ZIP have a median of 59 days on the market.

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