The housing market in Alachua County, Florida is robust and thriving. The median value for a house in the county is $282,200, which is significantly lower than the national median value of $338,100. This allows for more people to purchase homes in the area. Furthermore, the one year house appreciation rate within the county is 18.62%, more than double the US rate of 8.27%. This indicates that Alachua County offers a great investment opportunity for buyers looking to purchase property in this area.
The median home cost in Alachua County is $282,200. Home appreciation the last 10 years has been 123.1%. Home Appreciation in Alachua County is up 20.8%.
Average Age of Homes
- The median age of Alachua County real estate is 32 years old
The Rental Market in Alachua County
- Renters make up 39.4% of the Alachua County population
- 7.8% of houses and apartments in Alachua County, 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.