Alachua County, Florida Housing Market

In Alachua County, Florida, the median home value is $288,800, with a median monthly rent of $1,339. This places Alachua County at #682 nationally out of 3134 counties by median home value, and #33 within Florida.

Median Home Value $288,800
Median Rent $1,339/mo
Owner Occupancy 54.1%
Price/Rent Ratio 18.0

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Alachua County rose +2.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

105,168
jobs (private sector)
  • Avg weekly wage: $1,135
  • Establishments: 8,013
  • BLS QCEW, 2025
🏗️

Housing Supply

3,336
new units authorized (2025)
  • Single-family: 689
  • Multi-family: 2,647
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+5030
net migration (filers, 2021-2022)
  • Inflow: 103,872 (avg $83,486)
  • Outflow: 98,842 (avg $83,537)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Alachua County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 32669 321.9 +11.51% 2025
2 32603 302.1 -16.68% 2024
3 32615 328.1 +9.37% 2025
4 32667 302.1 +4.22% 2025
5 32607 323.2 -0.78% 2025
6 32609 389.2 +5.38% 2025
7 32666 283.2 +5.53% 2025
8 32605 306.2 +2.53% 2025
9 32601 405.8 +1.74% 2025
10 32606 292.7 +2.09% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Alachua County Compares

MetricAlachua CountyFlorida AverageU.S. Average
Median Home Value $288,800 $284,325 $227,706
Median Gross Rent $1,339 $1,303 $968
Owner Occupancy Rate 54.1% 74.6% 73.3%
Price/Rent Ratio 18.0 17.6 18.7

Market Analysis

The median home value in Alachua County is 1.6% above the Florida state average and 26.8% above the U.S. national average. The median rent of $1,339/month is 2.8% above the state average.

With a price-to-rent ratio of 18.0, the buy-vs-rent decision in Alachua County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Alachua County has an owner-occupancy rate of 54.1%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Bartow County Georgia $289,000 $1,268
Scott County Kentucky $288,500 $1,247
Franklin County Ohio $288,400 $1,302
Botetourt County Virginia $289,200 $1,035
Cass County Minnesota $288,300 $863

Other Counties in Florida

CountyMedian Home ValueMedian RentOwner Occ.
Pasco County $300,900 $1,505 75.7%
Hernando County $276,000 $1,298 82.5%
Leon County $301,800 $1,291 52.6%
Duval County $303,500 $1,475 58.2%
Franklin County $273,300 $1,049 80.9%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).