The story of this market
The typical home in ZIP 32604 sells for about $326,000, or $211 per square foot.
Prices are down 3.3% from a year ago, which gives buyers more room to negotiate. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,700 a month.
ZIP 32604 — Gainesville
The housing market in 32604 is currently experiencing a moderate price correction, with median prices down 3.3% year-over-year. Inventory levels remain tight, and the market is seeing a balanced pace of sales, driven by steady demand from the university-affiliated population.
This ZIP is well-suited for university-affiliated professionals, students, and those seeking central access to Gainesville's primary employment and cultural hubs.
Median prices moved down 3.3% year over year.
Homes spend a median of 50 days on market with 3.9 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 94.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 12.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical -3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 32604, Alachua County FL
Not determinable at the ZIP level; Gainesville city-wide crime trends are monitored by local law enforcement with regional variations.
Schools serving the area are part of the Alachua County Public Schools district, which maintains a mix of highly-rated magnet programs and standard neighborhood schools.
The area is subject to standard Florida wind and storm risks; flood zones are localized near water bodies and low-lying areas.
Economic momentum is driven by the University of Florida and the associated healthcare and research sectors in the Gainesville metro area.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
ZIP 32604 is centrally located in Gainesville, providing short drive times to the University of Florida campus and downtown employment hubs.
The area features proximity to local parks, the University of Florida's cultural amenities, and various shopping districts along the main thoroughfares.
The rental market is characterized by sustained demand due to the student population and proximity to major institutional employers.
The economy is anchored by the University of Florida, UF Health, and a growing biotech and research sector.
The area is served by RTS bus transit and major arterial roads connecting to I-75.
Ongoing development focuses on infill projects and university-related infrastructure improvements.
The Alachua County Property Appraiser manages assessments based on market value and state-mandated tax caps.
Parcels are subject to Alachua County school district taxes and municipal service assessments.
Property insurance premiums in Florida remain elevated due to regional climate risk and reinsurance market conditions.
Florida is a judicial foreclosure state requiring court intervention for the foreclosure process.
Florida law requires sellers to disclose known material defects that are not readily observable to the buyer.
Data retrieved from data.census.gov ZCTA-level tables.
- Flip Factory Zone4.65 mi
- Escapology Escape Rooms Gainesville53.7 mi
- Huddys Escape4.94.9 mi
- Just Escaped52.4 mi
- Gamers Excape Gainesville - Escape/Rage Rooms & Axe Throwing51.3 mi
- Ben Hill Griffin Stadium4.70.5 mi
- Stephen C. O'Connell Center4.70.7 mi
- Gainesville Raceway4.78.4 mi
- Celebration Pointe4.63.8 mi
- Kanapaha Botanical Gardens4.74.9 mi
- Paynes Prairie Preserve State Park4.76 mi
- Depot Park4.81.1 mi
- Celebration Pointe4.63.8 mi
- Florida Museum of Natural History4.82 mi
- Devil's Millhopper Geological State Park4.54.9 mi
- Paynes Prairie Preserve State Park4.76 mi
- Depot Park4.81.1 mi
- Devil's Millhopper Geological State Park4.54.9 mi
- Kanapaha Botanical Gardens4.74.9 mi
- Sweetwater Wetlands Park4.82.2 mi
- Turkey Creek Golf Course4.38.7 mi
- Ironwood Golf Course3.93.8 mi
- Hawkstone Country Club4.27 mi
- Mark Bostick Golf Course4.51.5 mi
- The Oaks Mall4.24.3 mi
- Publix Super Market At University Village Market4.40.3 mi
- T.J. Maxx & HomeGoods4.45 mi
- Celebration Pointe4.63.8 mi
- Publix Super Market at Butler Plaza West4.53.2 mi
- Gainesville Regional Airport4.34.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major anchor institution and cultural hub for the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.