The housing market in Alachua, FL is a great place for those looking to invest in real estate. The median value of homes in Alachua is $303,900, which is significantly lower than the US median house value of $338,100. In the past year, the US has seen an 8.27% appreciation rate for houses but Alachua has experienced an even higher 15.00% rate of growth. This means that those who invest in housing in Alachua currently are likely to experience a strong return on their investment over time.
The median home cost in Alachua is $303,900. Home appreciation the last 10 years has been 123.1%. Home Appreciation in Alachua is up 20.8%.
Average Age of Homes
- The median age of Alachua real estate is 23 years old
The Rental Market in Alachua
- Renters make up 27.5% of the Alachua population
- 3.7% of houses and apartments in Alachua, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.