32616Alachua, FL Housing Market

Balanced market-35.1% YoY

$172,000median sale price

The 32616 zip code, located in Alachua, FL, is currently classified as a balanced market. The median sale price stands at $172,000, representing a -35.1% change year over year. Homes in this area spend an average of 86 days on the market before going under contract. There are currently 10 active listings in the area, which influences how much negotiating power buyers and sellers have.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 32616 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

1

Last 12 weeks

Days on market

86

Average pace

Active listings

10

Sale-to-list

107.6%

Above asking

Market trends

Market analysis for 32616

The 32616 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 107.6% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 32616 have declined -35.1% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

Community profile

Population

123

Median age

44.6 years

College grads

1.0%

Living in 32616

Zip code 32616 is home to approximately 123 residents. With a median age of 44.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings.

About 1.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 32616.

Frequently asked questions about 32616

What is the median home price in 32616?

The current median sale price in 32616 is $172,000, based on recent Redfin transaction data. Prices have changed -35.1% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 32616 a buyer's or seller's market?

The 32616 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population and demographics of 32616?

Zip code 32616 has a population of approximately 123 residents.0 This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 32616?

Properties Incorporated provides comprehensive data for 32616 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 32616 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.

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