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University Park

GAINESVILLE, FL 32603

Real Estate Market Report  ·  Alachua County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 32603

University Park

Market Analysis

Data as of March 2026. Source: Realtor.com.

The GAINESVILLE, FL real estate market (32603) currently shows 13 active listings, with 5 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 33 days on market compared to 35 days last year.

The median listing price has risen 26.2% year-over-year, from $430,000 to $542,500.

Whether you are buying or selling in GAINESVILLE, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 6,855  ·  Density: 3,052.5/mi²  ·  Median household income: $12,894

Typical home value: $260,480  ·  Homeownership: 8.2%

Market Overview

Active Listings
13
⇧ 18.2% vs 11 last year
Pending
5
38% pending ratio
Median Price
$542,500
⇧ 26.2% vs $430,000 last year
Average Price
$530,617
⇧ 20.9% vs $439,055 last year
Days on Market
33
⇩ 5.7% vs 35 days last year

Price Per Square Foot

Median $/sqft
$354
⇩ 2.7% vs $364/sqft last year
Median Home Size
1,509 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 11 last year
  • Days on market: 33 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $542,500 (+26.2% YoY)
  • Average: $530,617 (+20.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.0 miles — 1,010 listings ($438,582,183 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32603Gainesville, FL 326030.0 mi8$4,342,968$532,000$542,871
32605Gainesville, FL 326052.1 mi132$48,733,608$295,000$369,194
32608Gainesville, FL 326084.9 mi302$119,488,716$269,950$395,658
32653Gainesville, FL 326537.2 mi58$30,836,106$353,500$531,657
32609Gainesville, FL 326098.7 mi47$11,596,404$236,175$246,732
32618Archer, FL 3261813.1 mi26$18,454,228$369,999$709,778
32669Newberry, FL 3266915.0 mi161$91,614,635$362,943$569,035
32664McIntosh, FL 3266416.0 mi3$1,152,999$421,000$384,333
32640Hawthorne, FL 3264017.3 mi52$24,555,648$379,900$472,224
32696Williston, FL 3269619.1 mi87$38,416,764$294,999$441,572
32643High Springs, FL 3264320.9 mi67$28,282,710$344,950$422,130
32621Bronson, FL 3262123.0 mi15$4,410,405$308,738$294,027
32091Starke, FL 3209124.0 mi52$16,696,992$296,675$321,096

Frequently Asked Questions

How many homes are for sale in GAINESVILLE, FL 32603?

As of March 2026, there are 13 active listings in GAINESVILLE, FL (zip code 32603), compared to 11 the prior year.

What is the median home price in GAINESVILLE, FL 32603?

The median listing price in GAINESVILLE, FL 32603 is $542,500 as of March 2026, a 26.2% increase from $430,000 the prior year.

How long do homes stay on the market in GAINESVILLE, FL?

Homes in GAINESVILLE, FL 32603 spend an average of 33 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in GAINESVILLE, FL 32603?

Based on current inventory and days-on-market data as of March 2026, GAINESVILLE, FL 32603 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 33 days on market compared to 35 days last year.

How much can I save on real estate commission in GAINESVILLE, FL?

With SELL123.com's maximum 3% commission, sellers in GAINESVILLE, FL 32603 save an estimated $10,850 compared to a typical 5% commission on the median listing price of $542,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.