Gilchrist County, Florida Housing Market

In Gilchrist County, Florida, the median home value is $199,900, with a median monthly rent of $926. This places Gilchrist County at #1402 nationally out of 3134 counties by median home value, and #46 within Florida.

Median Home Value $199,900
Median Rent $926/mo
Owner Occupancy 85.7%
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 Gilchrist County fell -0.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,686
jobs (private sector)
  • Avg weekly wage: $949
  • Establishments: 362
  • BLS QCEW, 2025
🏗️

Housing Supply

94
new units authorized (2025)
  • Single-family: 94
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+594
net migration (filers, 2021-2022)
  • Inflow: 6,595 (avg $67,665)
  • Outflow: 6,001 (avg $67,547)
  • IRS Statistics of Income

How Gilchrist County Compares

MetricGilchrist CountyFlorida AverageU.S. Average
Median Home Value $199,900 $284,325 $227,706
Median Gross Rent $926 $1,303 $968
Owner Occupancy Rate 85.7% 74.6% 73.3%
Price/Rent Ratio 18.0 17.6 18.7

Market Analysis

The median home value in Gilchrist County is 29.7% below the Florida state average and 12.2% below the U.S. national average. The median rent of $926/month is 28.9% below the state average.

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

Gilchrist County has an owner-occupancy rate of 85.7%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Daviess County Kentucky $199,900 $918
Cleveland County North Carolina $200,000 $914
Highland County Virginia $200,000 $856
Erie County Ohio $199,700 $933
Onondaga County New York $200,200 $1,108

Other Counties in Florida

CountyMedian Home ValueMedian RentOwner Occ.
Columbia County $194,900 $976 72.5%
Okeechobee County $193,000 $1,082 73.9%
Levy County $190,600 $850 81.4%
Highlands County $187,900 $1,035 78.6%
Bradford County $212,500 $863 73.3%

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).