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All market snapshots / 76240

Gainesville, TX 76240 Housing Market

Data snapshot: August 3, 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: 0.48
ActiveActive listings: 3333PendingPending sales: 1616
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): $379k$379kSoldMedian sold price (last 6 months): $332k$332k
What homes actually sell for in Gainesville, TX
Distribution of 179 closings Resideline tracked directly over the last six months (5th to 95th percentile). Middle half of sales: $230k to $499k
$100k to $241k: 47 sales$100k$241k to $381k: 57 sales57sales$381k to $522k: 27 sales$381k$522k to $662k: 15 sales$662k to $803k: 10 sales$662k$803k to $944k: 1 sales$944k to $1.08M: 1 sales$944k$1.08M to $1.23M: 5 salesMedian $332k

What the numbers say

As of August 3, 2026, Resideline is tracking 33 active listings and 16 pending sales in ZIP code 76240. That pending-to-active ratio of 0.48 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $379,000, while the median of the 179 closings Resideline tracked directly over the last six months was $332,500. 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. The median active listing in 76240 has been on the market for 1 days.

Frequently asked questions

What is the median home price in 76240?

The median closed sale price in Gainesville, TX 76240 was $332,500 over the last six months, based on 179 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 $499,000.

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

Resideline is currently tracking 16 pending sales against 33 active listings in 76240, a pending-to-active ratio of 0.48. 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.

Nearby ZIP code market data

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