Is Alachua County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Alachua County has remained a Seller's Market.
Housing Prices in Alachua County, FL
How much do homes in Alachua County, FL cost?
Median Sold Price
$322,780
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Alachua County was $322,780 in April 2024, up 4.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128.5K | $128.7K | 0.2% |
2 Bedrooms | $180K | $189.1K | +5.1% |
3 Bedrooms | $301.9K | $309.9K | +2.7% |
4 Bedrooms | $419.4K | $420K | 0.1% |
5+ Bedrooms | $529.5K | $510K | -3.7% |
Summary: Alachua County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 3.7%.
Median Sold Price Compared To Nearby Counties
Alachua County | $309.6K | $322.7K | +4.2% |
Bradford County | $224.9K | $231.5K | +2.9% |
Gilchrist County | $260K | $261K | 0.4% |
Marion County | $274.9K | $274.9K | 0% |
Union County | $300K | $249.5K | -16.8% |
Housing Supply in Alachua County, FL
How many homes are available in Alachua County, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,623 | 1,663 | +2.5% |
Summary: The Alachua County real estate market had 1,663 homes for sale in April 2024, a 2.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 42 | 43 | +2.4% |
2 Bedrooms | 274 | 291 | +6.2% |
3 Bedrooms | 688 | 697 | +1.3% |
4 Bedrooms | 503 | 513 | +2.0% |
5+ Bedrooms | 116 | 119 | +2.6% |
Summary: The Alachua County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 2.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
281 | 348 | +23.8% |
Asking Price vs. Sold Price
205 Homes Were Sold
Under Asking
86 Homes Were Sold
At Asking
57 Homes Were Sold
Over Asking
Summary: A total of 348 homes were sold or pending in Alachua County in April 2024, up by 23.8% month-over-month. Of the 348 sold homes, 59% were sold under asking, 25% were sold at asking, and 16% were sold over asking.
Days on Market for Alachua County, FL
How long does it take to sell a home in Alachua County, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 52 Days | +28.6% |
Summary: Homes in Alachua County had an average of 52 days on market in Apr 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
191 Homes Were Sold
Under 30 Days
86 Homes Were Sold
In 30 - 90 Days
71 Homes Were Sold
Over 90 Days
Summary: During April 2024, 348 homes were sold in Alachua County; 55% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.