$4,036 Closing Credit*
$339,900
2,340 SqFt
3 Beds
•2 Full Baths, 1 Partial
Josh Benson, Listing Office: DAWN REALTY
Is Alachua County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Alachua County was a Seller's Market.
Key Takeaway
Alachua County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Alachua County, FL
How much do homes in Alachua County, FL cost?
Median Sold Price
$324,730
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,498(+3.0%)
Key Takeaway
Homes in Alachua County have sold for 3% more than they did a year ago.
Summary: The median home sold price in Alachua County was $324,730 in October 2024, up 3% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $127.5K | -1.9% |
| 2 Bedrooms | $185.7K | $187.3K | +0.9% |
| 3 Bedrooms | $306.2K | $307.6K | 0.5% |
| 4 Bedrooms | $415.2K | $423.8K | +2.1% |
| 5+ Bedrooms | $500K | $548.3K | +9.7% |
Summary: Alachua County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Counties
| Union County | $249.9K | $300K | +20.0% |
| Gilchrist County | $250K | $275K | +10.0% |
| Bradford County | $225K | $239.5K | +6.4% |
| Alachua County | $315.2K | $324.7K | +3.0% |
| Marion County | $273.2K | $279.4K | +2.3% |
Housing Supply in Alachua County, FL
How many homes are available in Alachua County, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,501 | 1,486 | -1.0% |
Summary: The Alachua County real estate market had 1,486 homes for sale in October 2024, a 1.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 45 | 50 | +11.1% |
| 2 Bedrooms | 266 | 277 | +4.1% |
| 3 Bedrooms | 638 | 643 | +0.8% |
| 4 Bedrooms | 461 | 428 | -7.2% |
| 5+ Bedrooms | 91 | 88 | -3.3% |
Summary: The Alachua County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 3.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 205 | 204 | -0.5% |
Asking Price vs. Sold Price
137 Homes Were Sold
Under Asking
48 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alachua County, you may be able to get a good deal. 67.2% of homes here sold below asking price last month.
Summary: A total of 204 homes were sold or pending in Alachua County in October 2024, down by 0.5% month-over-month. Of the 204 sold homes, 67% were sold under asking, 24% were sold at asking, and 9% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 62 Days | +44.1% |
Summary: Homes in Alachua County had an average of 62 days on market in Oct 2024, up by 44.1% compared to last year.
Breakdown of Home Sale Times
87 Homes Were Sold
Under 30 Days
57 Homes Were Sold
In 30 - 90 Days
60 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alachua County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 204 homes were sold in Alachua County; 43% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. 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. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.