Gainesville, Florida

Alachua County Real Estate - Gainesville

Gaineville is the home to The University of Florida and much of the economy revolves around the University, with the highest percentage of residents in their 20s. Top employers are University of Florida, Shands HealthCare, Veterans Health Administration, School Board of Alachua County, and City of Gainesville.

Gainesville is in North Central Florida. It's population as recorded in the 2010 Census was 124,354.

The median age for residents of Gainesville is 24.9. Around 18.4% of Gainesville households include school aged children and 15% of households include individuals aged 65 years or over. Census records indicate 64.9% of the Gainesville population are White, 22.9% are Black or African American, .3% American Indian, 6.8% Asian and 2.9% are Two or more Races.

There are 57,576 housing units in Gainesville. 6,547 (11.3%) of these were reported as vacant in the 2010 Census. There are 36,032 residential rental units in Gainesville. 31,660 of them were occupied in 2010 providing a residential rental vacancy rate of 11.8%.

Gainesville links:

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Gainesville is located in Alachua County. It has a population of approximately 124,354 people. The population increased 1.4% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 1.6% for Alachua County and a 1.7% increase for the country as a whole. Gainesville occupies 61.31 of the 875.02 square miles in Alachua County. It had a population density of 2028.4 persons per square mile in 2010. This compared to 282.7 for the county, 350.6 for Florida and 87.4 for the country.

50.8% ( 57,576) of the 113,371 housing units in Alachua County are in Gainesville (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Gainesville has a 38.5% homeownership rate compared to Alachua County's 54.5% homeownership rate and Florida's rate of 69.0%.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 18,801,310 $630,738 2.7% $47,827 9,026,965 $188,600
Alachua County 247,336 $3,646 1.6% $41,373 113,371 $185,100
Gainesville 124,354 $4,1621.4%$30,952 57,576$164,500

Gainesville's medium household income in 2011 was $30,952. Alachua County's medium household income was $41,373, which is lower than the medium income for Florida as a whole: $47,827. 35.0% of the population in Gainesville lives below the poverty line, compared to 14.7% in Florida, 23.6% of the population in Alachua County and 14.3% nationwide. Additional Information:

Gainesville Economic Activity

The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Gainesville. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $4,162 million, Gainesville's economic activity represents ######% of Alachua County's $3,646MM in economic activity. Alachua County represents 0.58% of the Florida economy.

Gainesville Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $589 14.2%
Merchant wholesaler sales $1,089 26.2%
Retail sales $2,168 52.1%
Accommodation and food services sales $315 7.6%
Total $4,162100%

Alachua County Regional Comparisons

Economic Indicators
CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Alachua 9,059 $2922.3%$62,730 4,037$214,100
Gainesville 124,354 $4,1621.4%$30,952 57,576$164,500
High Springs 5,350 $02.80%$56,628 2,361$161,800

Alachua County is located in North Central Florida. This region is responsible for 2.6% of Florida's economic activity. Alachua County represents 22.6% of the region's economy.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Madison County 19,224 $137 -1.7% $36,557 8,499 $94,100
Hamilton County 14,799 $111 -0.6% $36,683 5,830 $75,600
Taylor County 22,570 $823 0.8% $38,005 11,085 $89,700
Suwannee County 41,551 $494 5.1% $37,775 19,417 $108,900
Union County 15,535 $53 -2.1% $45,645 4,566 $113,500
Bradford County 28,520 $253 -5.2% $41,397 11,083 $121,400
Lafayette County 8,870 $69 -0.7% $49,713 3,386 $153,500
Dixie County 16,422 $57 -1.8% $34,243 9,471 $104,400
Levy County 40,801 $572 -1.9% $35,920 20,350 $108,400
Gilchrist County 16,939 $63 -0.7% $38,467 7,367 $119,600
Alachua County 247,336 $3,646 1.6% $41,373 113,371 $185,100
Marion County 331,298 $8,053 1.2% $40,103 164,037 $142,000
Columbia County 67,531 $1,796 0.6% $38,589 28,910 $127,100
Total 878,554 $16,126 -0.4% $39,575 407,372 $118,715

Gainesville Real Estate

There are 54,451 properties in Gainesville. The following table shows a summary of them based on 2014 sales data.

Gainesville Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 736 1.35 0n/an/an/an/a
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 1,098 2.02 1 $1,500,000 $99August 1st, 2014August 1st, 2014
Health Care 21 0.04 0n/an/an/an/a
Hotel & Motel 424 0.78 0n/an/an/an/a
Industrial 593 1.09 15 $830,000 $44February 1st, 2014September 1st, 2014
Miscellaneous Property 86 0.16 0n/an/an/an/a
Mobile/Manufactured 1,995 3.66 13 $44,900 $26January 1st, 2014September 1st, 2014
Multifamily 1,900 3.49 26 $210,000 $70January 1st, 2014September 1st, 2014
Office 1,178 2.16 19 $230,000 $110January 1st, 2014September 1st, 2014
Residential 43,967 80.75 804 $105,200 $70January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 1,615 2.97 27 $265,000 $59January 1st, 2014September 1st, 2014
Senior Housing 61 0.11 0n/an/an/an/a
Special Purpose 711 1.31 6 $245,000 $63January 1st, 2014August 1st, 2014
Sports & Entertaining 66 0.12 2 $399,900 $123June 1st, 2014June 1st, 2014

Agricultural Real Estate in Gainesville, Florida

736( 1.35%) of the properties in Gainesville are classified as Agricultural.

Commercial Real Estate in Gainesville, Florida

0( .00%) of the properties in Gainesville are classified as Commercial.

Government Real Estate in Gainesville, Florida

1,098( 2.02%) of the properties in Gainesville are classified as Government. 1 of them sold between August 1st, 2014 and August 1st, 2014. The total value of these sales was $1,500,000. The median sales price was $1,500,000. In 2014 the median sales price for Government Property in Gainesville was $99 per sq ft.

Health Care Real Estate in Gainesville, Florida

21( .04%) of the properties in Gainesville are classified as Health Care.

Hotel & Motel Real Estate in Gainesville, Florida

424( .78%) of the properties in Gainesville are classified as Hotel & Motel.

Industrial Real Estate in Gainesville, Florida

593( 1.09%) of the properties in Gainesville are classified as Industrial. 15 of them sold between February 1st, 2014 and September 1st, 2014. The total value of these sales was $12,252,200. The median sales price was $830,000. In 2014 the median sales price for Industrial in Gainesville was $44 per sq ft.

Miscellaneous Real Estate in Gainesville, Florida

86( .16%) of the properties in Gainesville are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Gainesville, Florida

1,995( 3.66%) of the properties in Gainesville are classified as Mobile/Manufactured. 13 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $577,600. The median sales price was $44,900. In 2014 the median sales price for Mobile/Manufactured in Gainesville was $26 per sq ft.

Multifamily Real Estate in Gainesville, Florida

1,900( 3.49%) of the properties in Gainesville are classified as Multifamily. 26 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $53,531,200. The median sales price was $210,000. In 2014 the median sales price for A Class Multifamily in Gainesville was $156 per sq ft, B Class properties sold for $70/ft and C Class $15/ft.

Office Real Estate in Gainesville, Florida

1,178( 2.16%) of the properties in Gainesville are classified as Office. 19 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $6,008,300. The median sales price was $230,000. In 2014 the median sales price for A Class Office in Gainesville was $165 per sq ft, B Class properties sold for $110/ft and C Class $19/ft.

Residential Real Estate in Gainesville, Florida

43,967( 80.75%) of the properties in Gainesville are classified as Residential. 804 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $98,317,470. The median sales price was $105,200. In 2014 the median sales price for A Class Residential in Gainesville was $101 per sq ft, B Class properties sold for $70/ft and C Class $31/ft.

Residential Real Estate in Gainesville, Florida

0( .00%) of the properties in Gainesville are classified as Residential.

Retail Real Estate in Gainesville, Florida

1,615( 2.97%) of the properties in Gainesville are classified as Retail. 27 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $19,690,600. The median sales price was $265,000. In 2014 the median sales price for A Class Retail in Gainesville was $237 per sq ft, B Class properties sold for $59/ft and C Class $17/ft.

Senior Housing Real Estate in Gainesville, Florida

61( .11%) of the properties in Gainesville are classified as Senior Housing.

Special Purpose Real Estate in Gainesville, Florida

711( 1.31%) of the properties in Gainesville are classified as Special Purpose. 6 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $2,536,100. The median sales price was $245,000. In 2014 the median sales price for Special Purpose in Gainesville was $63 per sq ft.

Sports & Entertaining Real Estate in Gainesville, Florida

66( .12%) of the properties in Gainesville are classified as Sports & Entertaining. 2 of them sold between June 1st, 2014 and June 1st, 2014. The total value of these sales was $799,800. The median sales price was $399,900. In 2014 the median sales price for Sports & Entertaining in Gainesville was $123 per sq ft.

Gainesville, Alachua County Market Data

Gainesville Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 734 1,586,002
Government Property 941 22,655,156
Health Care 21 1,421,252
Hotel & Motel 408 5,005,613
Industrial 580 8,132,191
Land 3,044 4,137,489
Miscellaneous Property 86 752,535
Mobile/Manufactured 1,995 2,971,251
Multifamily 1,868 108,582,543
Office 1,133 8,306,608
Residential 43,935 87,365,622
Retail 1,541 16,999,175
Senior Housing 59 26,843,016
Special Purpose 701 10,278,954
Sports & Entertaining 63 1,190,882

Gainesville Median Property Values per Sq Ft

Gainesville Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Camp 2016 $99$37 $99$17 $99$7
Airport (private or commercial), bus terminal, marine terminal, pier or marina. 2016 $99$24 $99$12 $99$7
Auto sales, auto repair and storage or auto service shop 2016 $99$32 $99$16 $99$8
Bowling alley, skating rink, pool hall or enclosed arena 2016 $99$37 $99$17 $99$7
Cannery, fruit and vegetable, bottler or brewers, distillery or winery 2016 $99$17 $99$10 $99$5
Church 2016 $99$24 $99$12 $99$7
Club, lodge or union hall 2016 $99$24 $99$12 $99$7
College 2016 $99$30 $99$15 $99$7
Community Shopping Center 2016 $99$32 $99$16 $99$8
Condominium 2016 $99$16 $99$16 $99$16
County Owned 2016 $99$30 $99$15 $99$7
Cropland soil capability Class I 2016 $99$27 $99$15 $99$9
Cropland soil capability Class II 2016 $99$27 $99$15 $99$9
Cultural organization, facility 2016 $99$24 $99$12 $99$7
Dairies, feed lots 2016 $99$27 $99$15 $99$9
Department Store 2016 $99$32 $99$16 $99$8
Drive-in Restaurant 2016 $99$32 $99$16 $99$8
Enclosed theater or auditorium 2016 $99$37 $99$17 $99$7
Federal Owned 2016 $99$30 $99$15 $99$7
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $99$32 $99$16 $99$8
Florist or greenhouse 2016 $99$32 $99$16 $99$8
Food processing 2016 $99$17 $99$10 $99$5
Forest, park or recreational area 2016 $99$30 $99$15 $99$7
Golf course or driving range 2016 $99$37 $99$17 $99$7
Government Undefined 2014 $172$59 $68$26 $42$11
Grazing land soil capability Class I 2016 $99$27 $99$15 $99$9
Grazing land soil capability Class II 2016 $99$27 $99$15 $99$9
Grazing land soil capability Class III 2016 $99$27 $99$15 $99$9
Grazing land soil capability Class VI 2016 $99$27 $99$15 $99$9
Heavy industrial 2016 $99$17 $99$10 $99$5
Home for the aged 2016 $99$15 $99$10 $99$9
Hospital 2016 $99$30 $99$15 $99$7
Hotel or motel 2016 $99$33 $99$33 $99$33
Improved agricultural 2016 $99$27 $99$15 $99$9
Insurance company office 2016 $99$30 $99$18 $99$11
Light manufacturing 2016 $99$17 $99$10 $99$5
Lumber yard, sawmill or planing mill 2016 $99$17 $99$10 $99$5
Mineral processing, cement plant,refinery, clay plants or gravel plant 2016 $99$17 $99$10 $99$5
Miscellaneous Residential (migrant camp or boarding home.) 2016 $99$33 $99$33 $99$33
Mixed use - store and office or store and residential or residential combination 2016 $99$32 $99$16 $99$8
Mobile Home 2016 $99$6 $99$6 $99$6
Mortuary, cemetery or crematorium 2016 $99$24 $99$12 $99$7
Multi-family - 10 units or more 2016 $99$22 $99$13 $99$7
Multi-family - less than 10 units 2016 $99$22 $99$13 $99$7
Municipal Owned 2016 $99$30 $99$15 $99$7
Nightclub, cocktail lounge or bar 2016 $99$37 $99$17 $99$7
Office building, non-professional service building, multi-story 2016 $99$30 $99$18 $99$11
Office building, non-professional service building, one story 2016 $99$30 $99$18 $99$11
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 2016 $99$17 $99$10 $99$5
Orchard Groves, Citrus, etc. 2016 $99$27 $99$15 $99$9
Ornamentals, miscellaneous agricultural 2016 $99$27 $99$15 $99$9
Orphanage, other non-profit or charitable services 2016 $99$24 $99$12 $99$7
Poultry, bees, tropical fish, rabbits, etc. 2016 $99$27 $99$15 $99$9
Private school or college 2016 $99$24 $99$12 $99$7
Privately owned hospital 2016 $99$25 $99$17 $99$11
Professional service building 2016 $99$30 $99$18 $99$11
Public county school 2016 $99$30 $99$15 $99$7
Race track: horse, auto or dog 2016 $99$37 $99$17 $99$7
Regional Shopping Center 2016 $99$32 $99$16 $99$8
Repair service shop (excluding automotive) 2016 $99$32 $99$16 $99$8
Restaurant, cafeteria 2016 $99$32 $99$16 $99$8
Retirement Home not eligible for exemption. 2016 $99$15 $99$10 $99$9
Service station 2016 $99$32 $99$16 $99$8
Single Family 2016 $99$16 $99$16 $99$16
State Owned 2016 $99$30 $99$15 $99$7
Store, one story 2016 $99$32 $99$16 $99$8
Supermarket 2016 $99$32 $99$16 $99$8
Timberland - site index 80 to 89 2016 $99$27 $99$15 $99$9
Timberland - site index 90 and above 2016 $99$27 $99$15 $99$9
Timberland not classified by site index to Pines 2016 $99$27 $99$15 $99$9
Tourist attraction, permanent exhibit or other entertainment facilities 2014 $130$19 $116$12 $116$9
Undefined - Reserved for Use by Department of Revenue 2016 $99$16 $99$16 $99$16
Utility 2016 $99$42 $99$15 $99$6
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $99$17 $99$10 $99$5
Wholesale outlet, produce house or manufacturing outlet 2016 $99$32 $99$16 $99$8