Is Alachua County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alachua County is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Alachua County has remained a Seller's Market.

Key Takeaway

Alachua County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Alachua County, FL cost?

Median Sold Price

$298,791

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$42,273(+16.5%)

Key Takeaway

Homes in Alachua County have sold for 16.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $92K$120K
+30.4%
2 $149.9K$175.9K
+17.3%
3 $250.4K$290.2K
+15.9%
4 $361.1K$410.1K
+13.6%
5+ $535K$535K
0.0%

Median Sold Price Compared To Nearby Counties

Marion County
+25.3%
Alachua County
+16.5%
Gilchrist County
+10.8%
Bradford County
+2.8%

How many homes are available in Alachua County, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
1,2461,123-9.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 2023
+15.0%
2 180163
-9.4%
3 568508
-10.6%
4 398350
-12.1%
5+ 8079
-1.3%

Number of Homes Sold

Oct 2022Nov 2022%
310238-23.2%

Asking Price vs. Sold Price

146 Homes Were Sold
Under Asking

50 Homes Were Sold
At Asking

42 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alachua County, you may be able to get a good deal. 61.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
70 Days38 Days-45.4%

Breakdown of Home Sale Times

139 Homes Were Sold
Under 30 Days

63 Homes Were Sold
In 30 - 90 Days

36 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alachua County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Alachua County, FL

Alachua County, FL has 1,123 homes on the market. Between October 2022 and November 2022, Alachua County, FL real estate market has seen decrease in the number of listings by 9.9%. In November 2022 median list price was $298,791 and the average listing age was 38 days. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties increased by 30.4%, 2 bedrooms properties prices increased by 17.3%, prices of 3 bedrooms properties increased by 15.9%, the cost of 4 bedrooms properties went up by 13.6%, 5 bedrooms properties did not move. This housing market inventory have changed: 1 bedroom homes inventory increased by 15%, volume of 2 bedrooms homes went down by 9.4%, number of 3 bedrooms homes decreased by 10.6%, 4 bedrooms homes became 12.1% less available, the quantity of 5 bedrooms homes went down by 1.3%. In November 2022, from all listings sold in Alachua County, FL there were more than 42 sold above asking price, over 146 sold below and more than 50 were sold right at the asked price.

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