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All market snapshots / 76240

Gainesville, TX 76240 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Texas is a non-disclosure state: sale prices are not part of the public record. Sold figures on this page reflect closings Resideline tracked directly, and should be read as a sample rather than a count of all closings.
Gainesville, TX inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 8484PendingPending sales: 33
Gainesville, TX: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $381k$381kSoldMedian sold price (last 6 months): $330k$330k
What homes actually sell for in Gainesville, TX
Distribution of 185 closings Resideline tracked directly over the last six months (5th to 95th percentile). Middle half of sales: $230k to $488k
$115k to $254k: 55 sales55sales$115k$254k to $392k: 55 sales$392k to $531k: 22 sales$392k$531k to $670k: 16 sales$670k to $809k: 8 sales$670k$809k to $948k: 2 sales$948k to $1.09M: 3 sales$948k$1.09M to $1.23M: 5 salesMedian $330k

What the numbers say

As of October 5, 2026, Resideline is tracking 84 active listings and 3 pending sales in ZIP code 76240. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $381,350, while the median of the 185 closings Resideline tracked directly over the last six months was $329,500. 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. Resideline has been seeing the median active listing in 76240 for 80 days.

Frequently asked questions

What is the median home price in 76240?

The median closed sale price in Gainesville, TX 76240 was $329,500 over the last six months, based on 185 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 $229,900 to $488,000.

Is 76240 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 84 active listings in 76240, a pending-to-active ratio of 0.04. 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 balanced market.

Nearby ZIP code market data

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