The story of this market
The typical home in ZIP 32662 sells for about $322,000, or $202 per square foot.
Prices are roughly flat from a year ago (-0.9%), a market in balance. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,700 a month.
ZIP 32662 — Lochloosa
The Gainesville housing market is currently experiencing a period of stabilization with a slight cooling in median prices compared to the previous year. High inventory levels and a balanced supply-demand dynamic are providing buyers with more leverage than in recent years. The market remains anchored by the consistent demand from the university and healthcare sectors.
This area is ideal for university-affiliated families, students, and healthcare professionals seeking proximity to major employment anchors. It also attracts investors looking for stable rental demand in a supply-constrained market.
Median prices moved down 0.9% year over year.
Homes spend a median of 72 days on market with 3.1 months of supply — a fast-moving market.
21% of listings have cut prices · homes sell at 97.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 22.0% — 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 7.7%/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 4.9%/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 32662, Alachua County FL
Crime rates in Gainesville are generally higher than the national average, with property crime being the most prevalent concern. Local law enforcement focuses on community-oriented policing to address trends in urban areas.
The area is served by the Alachua County Public Schools district, which features a mix of highly-rated magnet programs and varying performance levels across neighborhood schools.
The region faces moderate risks from tropical storms and hurricanes, necessitating standard windstorm insurance coverage. Flood risk is localized to specific low-lying areas near the city's numerous springs and wetlands.
Economic momentum is anchored by the University of Florida and the associated UF Health system, which drive significant research and healthcare employment. Infrastructure development is focused on expanding transit corridors and mixed-use projects near the university campus.
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.
Commutes are generally manageable, with most residents driving 20-25 minutes to reach the University of Florida or downtown employment hubs. Traffic congestion is primarily concentrated along major arteries like Archer Road and I-75 during peak hours.
Residents have access to extensive outdoor amenities including Paynes Prairie Preserve State Park, numerous natural springs, and local golf courses. Shopping and dining are concentrated in the Butler Plaza and Celebration Pointe districts.
The rental market is highly active due to the large student population, maintaining low vacancy rates and steady rent growth. Investor interest remains strong, particularly for single-family rentals and multi-family developments near the university.
The economy is heavily anchored by the University of Florida and UF Health, which serve as the primary drivers of employment and regional economic stability. The area also features a growing biotech and research sector.
The city is served by the Gainesville Regional Transit System (RTS) and is positioned near the I-75 corridor, facilitating regional travel. Infrastructure improvements are ongoing to support increased traffic volume.
Development is currently focused on high-density residential and mixed-use projects near the university and major commercial corridors to accommodate population growth.
The Alachua County Property Appraiser assesses properties annually based on market data, ensuring compliance with state constitutional caps on assessment increases for homesteaded properties.
Parcels are subject to Alachua County school district taxes, municipal taxes, and various utility service districts. Some newer developments may be subject to special assessment districts for infrastructure.
Property insurance premiums in the region have seen upward pressure due to statewide market conditions and hurricane risk, though the area is inland and generally less exposed than coastal zones.
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 massive nature preserve offering hiking, biking, and wildlife viewing.
One of the largest retail hubs in North Central Florida.
A mixed-use development featuring dining, shopping, and a movie theater.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.