Call or Text (240) SELL-123

GAINESVILLE, TX 76240

Real Estate Market Report  ·  Cooke County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
196
⇧ 9.5% vs 179 last year
Pending
33
17% pending ratio
Median Price
$332,450
⇩ 2.1% vs $339,498 last year
Average Price
$470,635
⇧ 2.4% vs $459,668 last year
Days on Market
77
⇩ 6.1% vs 82 days last year

Market Context

Population: 29,253  ·  Density: 30.6/mi²  ·  Median household income: $58,384

Typical home value: $169,382  ·  Homeownership: 62.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The GAINESVILLE, TX real estate market (76240) currently shows 196 active listings, with 33 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are selling faster, averaging 77 days on market compared to 82 days last year.

The median listing price has fallen 2.1% year-over-year, from $339,498 to $332,450.

Whether you are buying or selling in GAINESVILLE, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for GAINESVILLE, TX 76240 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 196 this year vs 179 last year
  • Days on market: 77 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $332,450 (-2.1% YoY)
  • Average: $470,635 (+2.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.3 miles — 702 listings ($472,977,482 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
76240Gainesville, TX 762400.0 mi196$92,244,460$332,450$470,635
73459Thackerville, OK 734598.5 mi9$4,433,796$390,000$492,644
76272Valley View, TX 7627213.6 mi47$26,127,018$509,900$555,894
76238Era, TX 7623815.1 mi1$325,000$325,000$325,000
76271Tioga, TX 7627119.9 mi25$13,399,125$420,000$535,965
73430Burneyville, OK 7343020.4 mi15$3,501,465$134,950$233,431
73448Marietta, OK 7344820.6 mi17$5,497,800$280,000$323,400
76265Saint Jo, TX 7626521.6 mi7$3,155,600$330,000$450,800
76268Southmayd, TX 7626823.8 mi1$280,000$280,000$280,000
76258Pilot Point, TX 7625824.6 mi141$169,491,447$356,245$1,202,067
76249Krum, TX 7624927.0 mi68$34,528,700$404,000$507,775
75076Pottsboro, TX 7507628.0 mi117$62,160,111$407,500$531,283
75058Gunter, TX 7505829.3 mi58$57,832,960$829,750$997,120

Frequently Asked Questions

How many homes are for sale in GAINESVILLE, TX 76240?

As of January 2026, there are 196 active listings in GAINESVILLE, TX (zip code 76240), compared to 179 the prior year.

What is the median home price in GAINESVILLE, TX 76240?

The median listing price in GAINESVILLE, TX 76240 is $332,450 as of January 2026, a 2.1% decrease from $339,498 the prior year.

How long do homes stay on the market in GAINESVILLE, TX?

Homes in GAINESVILLE, TX 76240 spend an average of 77 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in GAINESVILLE, TX 76240?

Based on current inventory and days-on-market data as of January 2026, GAINESVILLE, TX 76240 is currently a Balanced Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are selling faster, averaging 77 days on market compared to 82 days last year.

How much can I save on real estate commission in GAINESVILLE, TX?

With SELL123.com's maximum 3% commission, sellers in GAINESVILLE, TX 76240 save an estimated $6,649 compared to a typical 5% commission on the median listing price of $332,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.