The story of this market
The typical home in ZIP 32631 sells for about $277,000, or $190 per square foot.
Prices are up +3% from a year ago, so sellers still have some momentum. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $1,700 a month.
ZIP 32631 — Earleton
The Gainesville housing market is showing signs of stabilization with a modest year-over-year price increase and a balanced inventory level. Demand remains supported by the university-anchored economy, though affordability constraints persist for some buyers. The market is currently favoring sellers slightly, but buyers have more options compared to the previous year.
This area is ideal for university-affiliated professionals, students, and families seeking proximity to major educational and healthcare employers. It offers a blend of urban convenience and access to regional natural amenities.
Median prices moved up 3.0% year over year.
Homes spend a median of 41 days on market with 3.1 months of supply — a fast-moving market.
21% of listings have cut prices · homes sell at 94.8% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 3.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 32631, Alachua County FL
Crime rates in Gainesville are generally higher than the national average, with property crime being the most prevalent concern. Local law enforcement focuses on community-oriented policing to address trends in urban corridors.
The area is served by the Alachua County Public Schools district, which maintains a mix of highly-rated magnet programs and neighborhood schools. Educational quality is heavily influenced by the proximity to the University of Florida.
The region faces moderate risks from tropical storms and hurricanes, necessitating standard windstorm insurance coverage. Flood risk is localized to specific low-lying areas near regional water bodies.
Economic momentum is anchored by the University of Florida and the associated healthcare and research sectors. Development is focused on infill projects and expanding the innovation district near the university campus.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Commuting is primarily car-dependent, with major corridors like I-75 and SR 24 facilitating access to the university and downtown employment hubs. Public transit via RTS provides coverage, though usage is highest among students and university staff.
Residents have access to numerous parks, including the Sweetwater Wetlands Park and various city-managed greenbelts. Shopping and dining are concentrated in the Butler Plaza and downtown areas.
The rental market is characterized by high demand driven by the student population, leading to low vacancy rates. Short-term rental activity is regulated within city limits to preserve housing stock for long-term residents.
The economy is heavily reliant on the University of Florida, UF Health, and the public sector. These institutions provide a stable employment base and drive demand for housing.
The city is served by a network of arterial roads and the Regional Transit System (RTS). Infrastructure improvements are focused on enhancing bus rapid transit and pedestrian connectivity.
Development is focused on high-density residential and mixed-use projects near the university and downtown. City planning emphasizes sustainable growth and transit-oriented development.
The Alachua County Property Appraiser assesses properties annually based on market data and statutory requirements. Homestead exemptions are applied to eligible primary residences.
Parcels are subject to Alachua County School District taxes and various municipal service taxing units. Some areas may fall under specific water management district jurisdictions.
Property insurance premiums are rising due to regional climate risks and statewide market pressures. Homeowners are encouraged to maintain wind mitigation certifications to manage costs.
Florida continues to see positive net domestic migration, with Gainesville attracting a steady influx of students and professionals. This migration supports long-term housing demand.
Florida is a judicial foreclosure state, requiring court intervention for the foreclosure process. This typically results in longer timelines for lenders to complete the process.
Sellers are required to provide a written disclosure of known material defects affecting the property. This is typically handled through standard real estate contract forms.
Data retrieved from data.census.gov using ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Major anchor institution and cultural hub.
Significant nature preserve and bird-watching site.
Large regional retail and dining destination.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.