Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$558,013
+16.1%
Since May 2024
Range: $524,470-$582,302
1 Year
5 Years
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Property Facts
7640 Paces Ln, Gainesville, GA is a single family home that contains 2,294 Sq. Ft. and was built in 2000. It contains 5 bedrooms and 3 bathrooms. This home last sold for $315,000 on 7/23/2020.
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County:FORSYTH
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Year Built:2000
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Living Area:2,294 Sq. Ft.
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Lot Size:41,382 Sq. Ft.
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Property History
Price History
Date
Event
Price
Source
7/23/2020
Sold
$315,000
Public Records
2/1/2016
Sold
$235,000
Public Records
7/2/2002
Sold
$227,500
Public Records
4/25/2001
Sold
$219,900
Public Records
10/20/2000
Sold
$222,300
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$3,906 (0%)
$183,908 (+6.54%)
2023
$3,906 (+16.63%)
$172,616 (+41.53%)
2022
$3,349 (-1.7%)
$121,960 (0%)
2021
$3,407 (+5.91%)
$121,960 (+7.53%)
2020
$3,217 (+11.62%)
$113,420 (+4.36%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
7640 Paces Ln
Gainesville, GA 30506
This Property
-
5 Bed
3 Bath
2,294 Sq. Ft.
2000 Year Built
1
7695 Paces Lane
Gainesville, GA 30506
$460,000
5 Bed
3 Bath
2,376 Sq. Ft.
1999 Year Built
2
7610 Finley Drive
Gainesville, GA 30506
$540,000
3 Bed
3 Bath
2,404 Sq. Ft.
2001 Year Built
3
7355 Saddle Creek Trail
Gainesville, GA 30506
$550,000
3 Bed
3 Bath
2,013 Sq. Ft.
1993 Year Built
4
7670 Paces Lane
Gainesville, GA 30506
$499,900
5 Bed
3 Bath
2,712 Sq. Ft.
2000 Year Built
5
8135 Willow Point
Gainesville, GA 30506
$680,000
5 Bed
3 Bath
2,499 Sq. Ft.
2002 Year Built
6
7940 Willow Point
Gainesville, GA 30506
$570,000
5 Bed
0 Bath
2,521 Sq. Ft.
2001 Year Built
7
7845 Floyd Lane
Gainesville, GA 30506
$485,000
4 Bed
0 Bath
3,065 Sq. Ft.
1972 Year Built
8
8030 Willow Point
Gainesville, GA 30506
$527,500
4 Bed
0 Bath
2,256 Sq. Ft.
2001 Year Built
9
7710 Bethel Road
Gainesville, GA 30506
$400,000
3 Bed
3 Bath
1,786 Sq. Ft.
1997 Year Built
10
9325 Ponderosa Trail
Gainesville, GA 30506
$2,725,000
6 Bed
0 Bath
0 Sq. Ft.
2024 Year Built
Sales in a non-disclosure state
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Market Trends
Gainesville
30506
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Apr 2024
$404,635
Mar 2025
$392,500
Change
-3%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.
1 Year
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Average Days on Market
Average Days on Market represents the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Apr 2024
79 Days
Mar 2025
99 Days
Change
+25.3%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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Area Statistics
People
ZIP (30506)
City (Gainesville)
Population
43,738
41,730
Population Density
435.7
1,273.3
People Per Household
2.8
2.8
Median Age
44.3
32.4
Median Household Income
$86,093
$57,258
Average Income
$43,942
$30,115
Economy
ZIP (30506)
City (Gainesville)
Unemployment
2.00%
2.10%
Recent Job Growth
1.50%
1.50%
Future Job Growth
43.98%
43.83%
Sales Tax
7.00%
7.00%
Income Tax
5.75%
5.75%
Cost of Living Index
109
97.9
Environment
ZIP (30506)
City (Gainesville)
Altitude
1140
1240
Rainfall (Inches Annually)
53.7
54.4
Snowfall (Inches Annually)
1.2
1.2
January Avg. Low Temp
31.2
31.3
July Avg. High Temp
87.5
87.5
Days of Precipitation Annually
106
106
Days Mostly Sunny Annually
218
216
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
6-8
1.1 mi
PK-5
4.9 mi
9-12
6.4 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
