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Cook Main Street Gainesville (Historic District)

GAINESVILLE, TX 76240

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 76240

Cook · Main Street Gainesville (Historic District)

Market Analysis

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

The GAINESVILLE, TX real estate market (76240) currently shows 197 active listings, with 30 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 83 days on market compared to 73 days last year.

The median listing price has fallen 1.9% year-over-year, from $343,891 to $337,500.

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
197
⇧ 3.1% vs 191 last year
Pending
30
15% pending ratio
Median Price
$337,500
⇩ 1.9% vs $343,891 last year
Average Price
$487,407
⇧ 0.3% vs $486,094 last year
Days on Market
83
⇧ 13.7% vs 73 days last year

Price Per Square Foot

Median $/sqft
$181
⇩ 4.2% vs $189/sqft last year
Median Home Size
1,880 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 197 this year vs 191 last year
  • Days on market: 83 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $337,500 (-1.9% YoY)
  • Average: $487,407 (+0.3% 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 — 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 February 2026, there are 197 active listings in GAINESVILLE, TX (zip code 76240), compared to 191 the prior year.

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

The median listing price in GAINESVILLE, TX 76240 is $337,500 as of February 2026, a 1.9% decrease from $343,891 the prior year.

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

Homes in GAINESVILLE, TX 76240 spend an average of 83 days on the market before going under contract, compared to 73 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 February 2026, GAINESVILLE, TX 76240 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 83 days on market compared to 73 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 $6,750 compared to a typical 5% commission on the median listing price of $337,500. 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.