Market Overview
Home Prices in Gainesville, VA
The median home value in Gainesville, VA is $770,563 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.3% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gainesville are priced88% above average. Gainesville is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area.
Over the past five years, Gainesville home values have risen by approximately25.6%, reflecting strong long-term appreciation in this market.
Price History
Gainesville Home Price Trend
City Comparison
Gainesville vs. National Median
At $770,563, homes in Gainesville cost 88% above the national median of $410,000. Buyers in Gainesville should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Gainesville?
20% Down Payment
$154,113
on $770,563
Monthly P&I
$4,019/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,104/mo
incl. taxes & insurance
Income Needed
$204,160
gross annual (30% rule)
10% Down Option
$77,056
+ PMI applies
Loan Amount (20% dn)
$616,450
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, VA?
The median home value in Gainesville is $770,563 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.3% year-over-year.
How much have home prices changed in Gainesville?
Over the past year, home values in Gainesville have increased by 1.3%. Over five years, prices have risen approximately 25.6%.
How much do I need to earn to buy a home in Gainesville?
To comfortably afford the median home price of $770,563 with a 20% down payment ($154,113) at today's rates (6.8%), you'd need a gross annual income of approximately $204,160. 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 $770,563, homes in Gainesville are 88% above the national average.
What metro area is Gainesville part of?
Gainesville is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.