The housing market in 32616 Alachua, FL is booming. The median value of houses is $300,500 which is lower than the US median house value of $338,100. However, the 1 year house appreciation rate in Alachua is 15%, which is much higher than the US average of 8.27%. This shows that Alachua's real estate market is growing rapidly and has a great potential for investment.
The median home cost in Alachua (zip 32616) is $300,500. Home appreciation the last 10 years has been 123.1%. Home Appreciation in Alachua (zip 32616) is up 20.8%.
Average Age of Homes
- The median age of Alachua (zip 32616) real estate is 46 years old
The Rental Market in Alachua (zip 32616)
- Renters make up 48.5% of the Alachua (zip 32616) population
- 0.0% of houses and apartments in Alachua (zip 32616), 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.