Market Overview
Home Prices in Gainesville, MO
The median home value in Gainesville, MO is $213,568 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.9% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gainesville are priced48% below average.
Over the past five years, Gainesville home values have risen by approximately38.9%, reflecting strong long-term appreciation in this market.
Price History
Gainesville Home Price Trend
2020
$130,411
$130K
—
2021
$153,749
$154K
+17.9%
2022
$197,800
$198K
+28.7%
2023
$180,696
$181K
-8.6%
2024
$187,386
$187K
+3.7%
2025
$197,945
$198K
+5.6%
2026
$213,568
$214K
+7.9%
City Comparison
Gainesville vs. National Median
🏠 Gainesville
$213,568
National Median
$410,000
At $213,568, homes in Gainesville cost 48% below the national median of $410,000. This makes Gainesville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gainesville?
20% Down Payment
$42,714
on $213,568
Monthly P&I
$1,114/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,415/mo
incl. taxes & insurance
Income Needed
$56,600
gross annual (30% rule)
10% Down Option
$21,357
+ PMI applies
Loan Amount (20% dn)
$170,854
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Gainesville, MO?
The median home value in Gainesville is $213,568 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.9% year-over-year.
How much have home prices changed in Gainesville?
Over the past year, home values in Gainesville have increased by 7.9%. Over five years, prices have risen approximately 38.9%.
How much do I need to earn to buy a home in Gainesville?
To comfortably afford the median home price of $213,568 with a 20% down payment ($42,714) at today's rates (6.8%), you'd need a gross annual income of approximately $56,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Gainesville compare to the national average home price?
The national median home value is approximately $410,000. At $213,568, homes in Gainesville are 48% below the national average.