The story of this market
The typical home in ZIP 32655 sells for about $327,250, or $202 per square foot.
Prices are down 4.3% 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 32655 — High Springs
The housing market in 32655 is currently experiencing a period of price correction, with median sale prices down 4.3% year-over-year. Despite this, the market remains balanced with a 3.9-month supply of inventory and steady demand driven by the university and healthcare sectors. Buyers are currently in a stronger negotiating position than in previous years, as evidenced by the sale-to-list ratio.
This ZIP is ideal for university-affiliated professionals, families seeking proximity to top-tier medical facilities, and investors looking for stable rental demand.
Median prices moved down 4.3% 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 8.5% — 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 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 32655, Alachua County FL
Not determinable at the ZIP level; Gainesville city-wide crime trends are generally consistent with regional averages for a university-anchored municipality.
The area is served by the Alachua County Public Schools district, which maintains a mix of highly-rated magnet programs and standard neighborhood schools.
The region is inland and generally at low risk for coastal storm surge, though localized flooding in low-lying areas remains a standard consideration for property insurance.
Economic momentum is driven by the University of Florida and the associated healthcare and research sectors, with steady infill development occurring in the western Gainesville corridor.
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.
Residents typically face a 20-30 minute commute to the University of Florida and downtown employment hubs via major corridors like Archer Road and I-75.
The area features proximity to Kanapaha Botanical Gardens, numerous local parks, and easy access to the shopping and dining districts along the Archer Road corridor.
The rental market is characterized by high demand due to the student population, with steady rent growth and low vacancy rates near the university.
The economy is anchored by the University of Florida, UF Health Shands Hospital, and a growing biotechnology and research sector.
The area is served by the Gainesville Regional Transit System (RTS) and provides direct access to I-75 for regional travel.
Ongoing expansion of medical and research facilities near the university continues to drive residential development in the western ZIP codes.
The Alachua County Property Appraiser manages assessments, focusing on market value as of January 1st each year.
Parcels are subject to Alachua County school taxes and various municipal service taxing units (MSTUs) for infrastructure and fire services.
Property insurance premiums in Florida remain elevated due to statewide risk factors, though inland locations like Gainesville generally see lower exposure than coastal areas.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major regional attraction featuring diverse plant collections and walking trails.
The primary commercial artery serving the area with extensive retail and restaurant options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.