Deer Run III in Gainesville

Deer Run III

Alachua · NW Gainesville · Established Single-Family

An established, amenitied single-family phase of the Deer Run community in northwest Gainesville.

NW Gainesville, establishedSingle-family, late 1970s to 1980sCommunity pool and tennis reported
Live Market Pulse
52/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseStellar MLS
$295K
Median Price
2mo
Supply
75days
Avg DOM
Soft
Seller Leverage
$165/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Deer Run III is an established, amenitied single-family phase of the Deer Run community in northwest Gainesville (ZIP reported around 32605), Alachua County. Homes across Deer Run are reported as single-family residences roughly 1,300 to 2,450 square feet, built in the late 1970s and 1980s; treat sizes and dates as reported and confirm per home. The read is the specific home, its condition, the lot, and the association dues and reserves. Confirm the parcel, condition, and any association with the listing, and verify the zoned schools with the district."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Deer Run III market snapshot (as of June 18, 2026): the median sale price is about $295K ($165 per sq ft), with homes averaging 75 days on market and 2.0 months of supply, a buyer-leaning market (limited data). Based on 6 recent closings in live Stellar MLS data.

Deer Run III is an established, amenitied single-family phase of the Deer Run community in northwest Gainesville (ZIP reported around 32605), Alachua County. Confirm the ZIP and parcel with the listing.

Homes across Deer Run are reported as single-family residences roughly 1,300 to 2,450 square feet, built in the late 1970s and 1980s; treat sizes and dates as reported and confirm per home.

There is an association reported here, so read the home, its condition, the lot, and the dues and reserves together. Confirm what the dues cover and any special assessments per home.

It is in Alachua County Public Schools in northwest Gainesville; verify the exact zoned schools with the district by address. Treat figures as reported and confirm per parcel.

Best for

  • Buyers who want an established single-family home in Deer Run III
  • Buyers who value established character and location over new construction
  • Buyers comfortable confirming the association dues and rules before they offer
  • Buyers who will read condition and the comps within Deer Run III before they offer

Probably not for

  • Buyers who want a brand-new home with a full builder warranty
  • Buyers who want gated, amenity-dense master-plan living
  • Buyers who want a turnkey home with no renovation reserve
  • Buyers who do not want any association dues or shared maintenance

How Deer Run III is performing right now

52/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
2Months of supplytight
75Median days on marketdays
0 : 1Under contract vs for salestrong demand
6Sold in last 12 monthsliquidity
+52%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 18, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Deer Run III listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Deer Run III buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Deer Run III

Live MLS inventory for Deer Run III. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Deer Run III listings as of 2026-06-18, priced high to low. Listings courtesy of Stellar MLS as distributed by MLS GRID.. Tap any home to ask about it.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Millhopper / Thornebrook shopping~5 to 10 min · approximate
University of Florida~12 to 18 min · south, approximate
North Florida (HCA) hospital~8 to 12 min · approximate
Interstate 75~8 to 12 min · regional access, approximate
Downtown Gainesville~12 to 18 min · approximate
Gainesville Regional Airport (GNV)~18 to 25 min · approximate

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Deer Run III with Momentum Realty’s local guides.

SWSeminole WoodsGainesville, FL · 0.4 miDRDeer RunGainesville, FL · 0.5 miSCSummer CreekGainesville, FL · 0.7 miKWKimberly WoodsGainesville, FL · 0.8 miFOFletcher OaksGainesville, FL · 0.8 miHUHuntingtonGainesville, FL · 0.8 miREThe ReserveGainesville, FL · 0.9 miCHCherrytreeGainesville, FL · 0.9 miBPBarrington ParkGainesville, FL · 1.7 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Deer Run III (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Alachua County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Deer Run III is served by Alachua County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Deer Run III address.

The takeaway

What actually shapes value in Deer Run III, sourced and dated. We do not publish rumor.

Recent Developments in Deer Run III

Our read on what is being built around Deer Run III, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is an established, well-located area in Gainesville. The watch items are the association dues, reserves, and the unit's condition, and the comps within the community.

Established, well-located setting in NW Gainesville

BullishA well-located, established area near jobs, shopping, and the university supports steady demand; confirm the parcel and any overlay. impact
SignificanceRadius: Neighborhood

Established, well-located setting in NW Gainesville

Association dues and reserves to confirm

NeutralAssociation dues, reserves, and any special assessments affect carrying cost and resale; confirm them in writing per unit. impact
SignificanceRadius: On-site

Association dues and reserves to confirm

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Deer Run III, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. Reported
    Neighborhood

    Established area in Gainesville

    Deer Run III is a single-family phase of the established Deer Run community in northwest Gainesville (Alachua County). Homes across the Deer Run phases are reported as single-family residences roughly 1,300 to 2,450 square feet built in the late 1970s and 1980s, with a homeowners association reported to provide a community pool, sidewalks, street lights, and tennis courts. Confirm the current dues, amenities, and any reserves for the specific home and phase with the listing. Why it matters: The location and the association are the story; value turns on the specific home, its condition, and the dues. Source

Development alerts for Deer Run IIIGet a short monthly email when something new is approved, funded, or opens near Deer Run III.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Deer Run III, this is the order of operations we would run, and the one we run for our clients.

1

Read the home's condition first, the roof, HVAC, and systems, and price any renovation honestly before you judge a list price.

2

Confirm the homeowners association, the current dues, what they cover, the reserves, and any special assessments in writing.

3

Read the lot and the plan, since condition and the homesite separate homes more than square footage alone.

4

Comp within Deer Run III by condition, not the broader Gainesville average.

5

Verify the zoned schools and the FEMA flood zone for the specific parcel before you write.

Best Buy
An updated home in sound condition with the association dues and reserves confirmed.
Biggest Risk
Underbudgeting renovation, or missing a special assessment or weak reserves in the association.
Best Lot
Higher, well-drained lots reduce drainage and flood risk; confirm per parcel.
Smart Timing
Confirm condition, the association dues and reserves, and the flood zone before you write.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Deer Run III is a single-family phase of the established Deer Run community in northwest Gainesville (Alachua County). Homes across the Deer Run phases are reported as single-family residences roughly 1,300 to 2,450 square feet built in the late 1970s and 1980s, with a homeowners association reported to provide a community pool, sidewalks, street lights, and tennis courts. Confirm the current dues, amenities, and any reserves for the specific home and phase with the listing.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: original-condition home
$2K to $295K

The most attainable homes are original-condition residences that need updating. Price the renovation before assuming value.

Lowest entry
Mid: updated home
$295K to $345K

The middle is updated homes. Condition, the kitchen and systems, and the lot separate these more than square footage alone.

Most inventory
High: larger or fully renovated home
$345K to $351K

The top end is larger or fully renovated homes on prime lots. These trade on condition, the lot, and the plan.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$2K to $295K
Entry: original-condition home
The most attainable homes are original-condition residences that need updating. Price the renovation before assuming value.
$295K to $345K
Mid: updated home
The middle is updated homes. Condition, the kitchen and systems, and the lot separate these more than square footage alone.
$345K to $351K
High: larger or fully renovated home
The top end is larger or fully renovated homes on prime lots. These trade on condition, the lot, and the plan.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Gainesville locationStrong
Scarce, established homesitesStrong
Established, in-demand locationPositive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Deer Run III

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

The location and the character are priced into every Deer Run III listing. The deal is won on the home condition, the lot, and the renovation math, not the sticker.

Jon Brooks · Founder, Momentum Realty
7.9B+ · Buy Score
Resale Strength8.0/10
Renovation Risk5.2/10
Location Efficiency8.2/10
Long-Term Defensibility7.8/10
Carrying Cost Advantage7.8/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Deer Run III is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take
  • Higher, well-drained lots reduce drainage and flood risk; confirm per parcel.
  • Read condition and the renovation math on an older home.
  • Comp within Deer Run III by condition, not the city average.

In an established area like Deer Run III, the lot and the home's condition set value together. Higher, well-drained lots carry less flood and drainage risk. Compare a home against the closest sale within the neighborhood by condition and lot, and confirm the flood zone and any association before the finishes.

Deer Run III in 15 seconds.

Best forBuyers who want an established single-family home in Deer Run III.
Strong onLocation, established character, and a modest, amenitied association.
WatchThe association dues and reserves, plus the home's condition.
Not forBuyers who want a brand-new home, gated amenities, or no association dues.
The edgeCondition and the association's health define this market, so matching the right home at the right price is the find.

HOA, CDD & Fees

15-Second Take
  • Modest HOA reported; confirm the current dues per home.
  • Confirm what the dues cover and the reserves.
  • Comp within Deer Run III by condition and plan.
  • Read condition and any renovation needs honestly.
  • Verify the zoned schools with the district by address.

Deer Run is reported to have a homeowners association with modest monthly dues and amenities including a community pool, sidewalks, street lights, and tennis courts. Confirm the current dues, what they include, and any reserves for the specific home and phase. Confirm the CDD/HOA with the listing.

Reported dues are modest and may cover common areas and limited amenities. Confirm what the dues include, the reserves, and any special assessments for the specific home.

Amenities are community-scale rather than a private club. Confirm the current amenities and any access rules with the listing.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Deer Run III, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Deer Run II, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Deer Run III home worth?

Get a no-obligation home value based on real comparable sales in Deer Run III matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Deer Run III on the map →
Or get your Deer Run III home value & selling guide →

Real comps, not a Zestimate.

Deer Run III Market Scorecard

Strong seller's market

Deer Run III is currently a strong seller's market. About 1.8 months of supply, a median asking price of $1,049,500, and homes go under contract in about 72 days.

1.8
Months supply
$1,049,500
Median list
$847,500
Median sold
$321
Per sqft
72
Days on mkt
6/7/39
Active/Pend/Sold

Typical home value in the 32224 ZIP is $456,759, about 13.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Deer Run III?
Deer Run III is in Gainesville, Alachua County (ZIP reported around 32605). Confirm the exact ZIP and parcel with the listing.
What kinds of homes are in Deer Run III?
Homes across Deer Run are reported as single-family residences roughly 1,300 to 2,450 square feet, built in the late 1970s and 1980s; treat sizes and dates as reported and confirm per home.
Does Deer Run III have an HOA?
Yes, an association is reported here. Confirm the current dues, what they include, the reserves, and any special assessments for the specific home before you offer.
What is Deer Run III like?
Established single-family phase of the Deer Run community in northwest Gainesville, with a community pool and tennis reported and a modest HOA.
How far is Deer Run III from the University of Florida?
The University of Florida is roughly 12 to 18 min away. Drive times are approximate and vary with traffic.
What schools serve Deer Run III?
It is in Alachua County Public Schools in northwest Gainesville; verify the exact zoned schools with the district by address.
Is Deer Run III in a flood zone?
Flood exposure varies by parcel. Confirm the FEMA flood zone and any drainage history for the specific home before you offer.
Is Deer Run III a good investment?
An established, well-located area in Gainesville supports steady demand, but value is home specific. Confirm condition, the association dues, the comps, and the renovation math before deciding; this is not a guarantee of future value.
What should I budget for renovation in Deer Run III?
Budget for the roof, HVAC, electrical, plumbing, and finishes based on the home's age and condition. Price the work honestly before you judge any list price; the figure is home specific.
What do the association dues cover in Deer Run III?
Dues may cover exterior or common-area maintenance and any limited amenities, but the exact inclusions, reserves, and any special assessments vary. Confirm the current figures and what they include for the specific home.
How is the commute from Deer Run III?
Drive times vary by destination and traffic. From Deer Run III, common destinations include downtown, the university, hospitals, and I-75; confirm your real commute at your real departure time.
Should I use the listing agent to buy in Deer Run III?
No. The listing agent works for the seller. In a market where condition and the association drive value, having your own representation to read the home, the dues and reserves, and the comps is the highest-leverage decision you make.
You want an established, well-located home in Deer Run IIIExcellent fit
You are comfortable confirming the association dues, reserves, and rulesExcellent fit
You will read condition and confirm the flood zone before you offerExcellent fit
You want new construction or gated, amenity-dense master-plan livingProbably not
You want a turnkey home with no renovation reserveProbably not
You do not want any association dues or shared maintenanceProbably not

Get the inside read on Deer Run III

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Deer Run III home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Deer Run III specialist will reach out personally, usually the same day.

Stellar MLS logoMLS GRID logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

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