Colony Park

Colony Park market snapshot (as of June 18, 2026): the median sale price is about $460K ($213 per sq ft), with homes averaging 18 days on market and 18.0 months of supply, a buyer-leaning market (limited data). Based on 2 recent closings in live Stellar MLS data.

Colony Park is an established single-family neighborhood in northwest Gainesville, in the 32605 ZIP, near the NW 16th and NW 17th street area off the NW 23rd Boulevard corridor. Third-party sources describe it as a subdivision built roughly between the late 1980s and the late 1990s, so the housing stock is mature rather than new construction.

Homes here are detached single-family residences on conventional suburban lots. Reported figures put many of the original homes in a range of roughly 1,600 to about 2,500 square feet, though sources vary, so treat any specific size as something to confirm for a given home. Because the neighborhood is effectively built out, nearly every purchase is a resale, with the variation in condition and updating that comes with homes of this era.

The neighborhood sits in northwest Gainesville with reasonable access to the University of Florida, UF Health Shands, downtown Gainesville, and Interstate 75. As an established interior subdivision, it trades on location, the established tree canopy and lot, and the condition of the individual home far more than on any community amenity.

For buyers, the work is reading a home of this vintage honestly: the roof, the systems, and the level of updating, then matching that to recent comparable sales. For sellers, the right price comes from those comparable sales matched to your home's condition and lot, not from a portal estimate.