Metro area index
Home appreciation in the Gainesville, GA metro area
FHFA HPI® data shows the Gainesville, GA metro area's all-transactions index changed +2.7% over the year to Q2 2026, versus +1.9% for Georgia and +3.0% for the U.S. That ranks 239th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +2.7%
- 5-year change
- +59.8%
- Since Q1 1995
- +319%
- Metro rank (1 year)
- 239th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Gainesville, GA vs Georgia and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Gainesville, GA: 419.2
- Georgia: 375.3
- United States: 391.6
Appreciation by time window
| Window | Metro | GA | U.S. | Gap vs GA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +2.7% | +1.9% | +3.0% | +0.8 pts | −0.3 pts |
| 3 years | +13.5% | +10.9% | +12.9% | +2.6 pts | +0.6 pts |
| 5 years | +59.8% | +47.6% | +41.3% | +12.2 pts | +18.6 pts |
| 10 years | +133% | +112% | +93.3% | +21.2 pts | +40.0 pts |
| Since Q1 1995 | +319% | +275% | +292% | +43.9 pts | +27.6 pts |
3-digit ZIP regions in the Gainesville, GA area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 305 · Gainesville, GA area | GA | +2.6% | +56.5% | +319% | 29% |
Boom, bust, and recovery in Gainesville, GA area
Gainesville, GA area's index peaked in Q1 2008, fell 32.1% to its low in Q3 2012, and regained its peak in Q1 2018, about 10 years after the top. Today it sits +112% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2008 | Q3 2012 | -32.1% | Q1 2018 (10 yrs) | +112% |
| GA | Q1 2008 | Q2 2012 | -24.4% | Q2 2017 (9.2 yrs) | +103% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Gainesville, GA area's index has changed +89.3% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | GA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -1.1% | -1.9% | -0.8% |
| 3 years | +9.8% | +3.3% | +1.0% | +2.8% |
| 5 years | +24.0% | +28.9% | +19.0% | +13.9% |
| 10 years | +39.1% | +67.8% | +52.6% | +39.0% |
| Since Q1 1995 | +121% | +89.3% | +69.5% | +76.8% |
If you bought in the Gainesville, GA area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +311% | $1,234,063 |
| Q2 2000 | +207% | $922,266 |
| Q2 2005 | +141% | $721,960 |
| Q2 2010 | +161% | $782,131 |
| Q2 2015 | +145% | $735,257 |
| Q2 2020 | +80.0% | $540,052 |
| Q2 2021 | +59.8% | $479,526 |
| Q2 2023 | +13.5% | $340,383 |
| Q2 2025 | +2.7% | $308,228 |
Frequently asked questions
- How much have home prices risen in the Gainesville, GA area?
- FHFA HPI® data for the Gainesville, GA metro area shows changes of +2.7% over one year, +59.8% over five years, and +133% over ten years to Q2 2026, and +319% since Q1 1995.
- Is the Gainesville, GA area beating the national average?
- Over the past year the metro's index moved −0.3 pts versus the U.S.; over five years the gap is +18.6 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.