$2,196 Closing Credit*
$184,900
1,103 SqFt
3 Beds
•2 Full Baths
Barbara Vineyard, Listing Office: GREEN TREE REALTY INC
Is Alachua, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Alachua was a Seller's Market.
Key Takeaway
Alachua is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Alachua, FL
How much do homes in Alachua, FL cost?
Median Sold Price
$337,150
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,795(-0.8%)
Key Takeaway
Homes in Alachua have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Alachua was $337,150 in November 2024, down 0.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $100K | -20.0% |
| 2 Bedrooms | $250K | $191K | -23.6% |
| 3 Bedrooms | $318.7K | $305K | -4.3% |
| 4 Bedrooms | $386K | $372.1K | -3.6% |
| 5+ Bedrooms | $443.3K | $402.9K | -9.1% |
Summary: Alachua housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 23.6%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 9.1%.
Median Sold Price Compared To Nearby Cities
| Gainesville | $296.2K | $310K | +4.7% |
| High Springs | $300K | $305.5K | +1.8% |
| High Springs-Alachua | $329.7K | $330.3K | 0.2% |
| Alachua | $339.9K | $337.1K | -0.8% |
Housing Supply in Alachua, FL
How many homes are available in Alachua, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 131 | 122 | -6.9% |
Summary: The Alachua real estate market had 122 homes for sale in November 2024, a 6.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 67 | 62 | -7.5% |
| 4 Bedrooms | 46 | 42 | -8.7% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Alachua housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alachua, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Alachua in November 2024, down by 30.8% month-over-month. Of the 18 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for Alachua, FL
How long does it take to sell a home in Alachua, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 88 Days | +46.6% |
Summary: Homes in Alachua had an average of 88 days on market in Nov 2024, up by 46.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Alachua are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 18 homes were sold in Alachua; 28% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.