Gainesville, TX 76240 Housing Market
- Active listings34currently for sale
- Pending sales19under contract
- Median asking price$362,499current listings
- Inventory age2 daysmedian time the current active listings have been on the market
- Closings tracked directly (6 mo)182a tracked sample, not a market total
- Median sold price$339,000last 6 months
- Middle half of sold prices$235k to $480k25th to 75th percentile
What the numbers say
As of July 18, 2026, Resideline is tracking 34 active listings and 19 pending sales in ZIP code 76240. That pending-to-active ratio of 0.56 points to a competitive market: a meaningful share of the inventory is already under contract.
The median asking price of current listings is $362,499, while the median of the 182 closings Resideline tracked directly over the last six months was $339,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 76240 has been on the market for 2 days.
Frequently asked questions
What is the median home price in 76240?
The median closed sale price in Gainesville, TX 76240 was $339,000 over the last six months, based on 182 closings Resideline tracked directly. Texas is a non-disclosure state, so this is a tracked sample rather than all recorded closings. The middle half of those sales ranged from $235,000 to $480,000.
Is 76240 a buyer's or seller's market?
Resideline is currently tracking 19 pending sales against 34 active listings in 76240, a pending-to-active ratio of 0.56. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 76240 currently looks like a competitive market.