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Cook Main Street Gainesville (Historic District)

GAINESVILLE, TX 76240

Real Estate Market Report  ·  Cooke County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 76240

Cook · Main Street Gainesville (Historic District)

Market Analysis

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

The GAINESVILLE, TX real estate market (76240) currently shows 211 active listings, with 32 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 66 days on market compared to 57 days last year.

The median listing price has fallen 4% year-over-year, from $359,900 to $345,469.

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.

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Market Context

Market Context

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

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

Market Overview

Active Listings
211
⇧ 6% vs 199 last year
Pending
32
15% pending ratio
Median Price
$345,469
⇩ 4% vs $359,900 last year
Average Price
$513,526
⇧ 3.3% vs $497,261 last year
Days on Market
66
⇧ 15.8% vs 57 days last year

Price Per Square Foot

Median $/sqft
$185
⇩ 1.6% vs $188/sqft last year
Median Home Size
1,914 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 211 this year vs 199 last year
  • Days on market: 66 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $345,469 (-4% YoY)
  • Average: $513,526 (+3.3% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.3 miles — 685 listings ($386,164,073 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
76240Gainesville, TX 762400.0 mi197$96,019,179$337,500$487,407
73459Thackerville, OK 734598.5 mi8$3,897,240$390,000$487,155
76272Valley View, TX 7627213.6 mi42$24,815,406$513,694$590,843
76233Collinsville, TX 7623318.1 mi29$15,093,369$504,500$520,461
76266Sanger, TX 7626620.0 mi102$56,403,960$369,500$552,980
76264Sadler, TX 7626420.5 mi12$13,782,708$822,175$1,148,559
73441Leon, OK 7344121.0 mi1$96,500$96,500$96,500
76245Gordonville, TX 7624522.1 mi35$14,210,420$317,450$406,012
76239Forestburg, TX 7623924.4 mi6$6,875,424$1,296,225$1,145,904
73440Lebanon, OK 7344026.0 mi2$437,500$218,750$218,750
76249Krum, TX 7624927.0 mi77$39,370,177$417,176$511,301
75076Pottsboro, TX 7507628.0 mi116$63,891,988$399,250$550,793
75058Gunter, TX 7505829.3 mi58$51,270,202$756,250$883,969

Frequently Asked Questions

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

As of March 2026, there are 211 active listings in GAINESVILLE, TX (zip code 76240), compared to 199 the prior year.

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

The median listing price in GAINESVILLE, TX 76240 is $345,469 as of March 2026, a 4% decrease from $359,900 the prior year.

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

Homes in GAINESVILLE, TX 76240 spend an average of 66 days on the market before going under contract, compared to 57 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 March 2026, GAINESVILLE, TX 76240 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 66 days on market compared to 57 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 $6,909 compared to a typical 5% commission on the median listing price of $345,469. 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.