Monterey
Homes for Sale in Gainesville, FL
All 797 homes for sale in GAINESVILLE, FL · median $299,000 · 70 homes for sale in 32606 · Alachua County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, Monterey Sub in Gainesville, FL has 2 homes for sale. Over the 12 months ending 2026-08-02, 3 recorded sales closed at a median of $365,000, $198 per square foot, a median 26 days on market, sellers accepting 96% of original asking. Homes listed or recently sold were built 1972 - 1974; none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 156 ft). At the median price and Alachua County's FY2025-26 rate of 16.56 mills, annual property tax runs about $6,040 ($5,390 with the full homestead exemption).
Monterey right now
🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: Low (2 active and pending listings, 3 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 30, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Monterey market snapshot (as of August 2, 2026): the median sale price is about $365K ($198 per sq ft over the trailing 12 months of closed sales), a median 26 days on market for closed sales, and 6.0 months of supply, a balanced market.
In ZIP 32606 (GAINESVILLE), 431 homes closed in the last 12 months at a median of $318K ($203/sq ft), down 2.0% year over year, with a median 45 days on market. Right now 92 active and 37 pending listings put supply at about 4.3 months - a balanced market. See the live ZIP 32606 housing market and the Alachua County market.
Monterey is a community of 534 homes in Gainesville, Alachua County, built between 1900 and 2021 (median 1976.0), with a median living area of about 1,658 square feet. 76% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Monterey. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Stellar MLS listings in Monterey; content deemed reliable but not guaranteed.
Housing distress & ownership in MONTEREY SUB, GAINESVILLE
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Monterey
Live MLS inventory for Monterey. 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 Monterey listings as of 2026-09-16, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2022 through 2026. Tap any home to ask about it.
Every Home for Sale in Monterey Sub Gainesville Right Now (2)
All 2 active and pending Monterey Sub Gainesville listings with a detail page, newest first, refreshed twice a day from the MLS.
- 4003 NW 34th Place · $360,000 · 4 bd / 2 ba · listed Sep 18, 2026 · listed by Engel & Volkers Gainesville
- 3511 NW 40th Terrace · $375,000 · 4 bd / 2 ba · pending · listed Aug 10, 2026 · listed by Engel & Volkers Gainesville
Monterey on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
Recent Developments in Monterey
Development, infrastructure, retail, and school activity affecting Monterey, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated July 2026.
- April 2026Development
Gainesville board approves 248-unit apartment project in northwest Gainesville
The Gainesville Development Review Board approved a 248-unit multifamily project in northwest Gainesville, planned as four four-story buildings with a clubhouse and amenities, with construction expected to run about 22 months.
What it may mean for the marketA new apartment community of this size adds rental housing to northwest Gainesville, a factor that can influence demand and pricing for nearby communities. The site is about 2 miles east of Monterey.
Source: WCJB - April 2026Development
Newberry Ridge development of up to 1,250 homes advances east of Champions Park
Newberry Ridge, a roughly 225 acre project planned for up to 1,250 homes east of Champions Park in Newberry, cleared a land use amendment step and moved toward further Planning and Zoning, City Commission, and state review.
What it may mean for the marketA large planned community of this scale adds significant future housing on the west side of Alachua County, a factor that can influence demand and pricing for nearby communities. The project is about 9 miles west of Monterey, elsewhere in Alachua County.
Source: Mainstreet Daily News - April 2026Development
Sandia West development of about 500 homes advances near Champions Park in Newberry
Sandia West, a roughly 160 acre residential development planned for about 500 homes near Champions Park on the northeast side of Newberry, won Planning and Zoning Board approval and moved toward City Commission and state review.
What it may mean for the marketA large new residential development in Newberry adds future housing supply on the west side of Alachua County, the kind of growth that can shape demand for nearby communities. The project is about 10 miles west of Monterey, elsewhere in Alachua County.
Source: Mainstreet Daily News - December 2025Retail & Dining
Amrit Palace Indian restaurant to open on Southwest 34th Street in Gainesville
Amrit Palace, an Indian restaurant expanding from Ocala, is planned to open at 3105 Southwest 34th Street in Gainesville, adding a dining option along the 34th Street corridor near Archer Road.
What it may mean for the marketA new restaurant on the 34th Street corridor adds to the dining and retail mix that shapes daily convenience for nearby Gainesville communities. The site is about 5 miles southeast of Monterey.
Source: 352today - May 2025Development
Archer Place luxury condo and retail project breaks ground at Archer Road and 34th Street in Gainesville
Archer Place, a mixed-use development at the corner of Archer Road and Southwest 34th Street near Butler Plaza in Gainesville, broke ground with plans for 92 residential units including penthouses and workforce apartments, ground-floor retail, and a roughly 6,000 square foot restaurant, with completion targeted for late 2026.
What it may mean for the marketA new mixed-use condo and retail project on the Archer Road corridor adds housing and commercial space near Butler Plaza, the kind of activity that can shape demand for nearby Gainesville communities. The site is about 5 miles southeast of Monterey.
Source: Mainstreet Daily News
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.
The Monterey buying strategy.
If we were buying in Monterey today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Monterey.
A closer look at the Monterey market
At a median of $198 per square foot, Monterey prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
Inventory runs at 6.0 months of supply, a balanced market. Homes that do trade take a median 26 days on market, useful leverage on any listing that has lingered.
The housing stock is 534 homes built between 1900 and 2021, and 76% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Monterey. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Monterey buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.4). Basis: Liquidity & Demand 6.0 months of supply; Owner Commitment 76% owner-occupied; Pricing Power 96.3% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Monterey buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Monterey sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Monterey, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Monterey home worth?
Get a no-obligation home value based on real comparable sales in Monterey, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in MONTEREY SUB
Homes in MONTEREY SUB that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 4003 NW 34Th Place · off market
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Alachua County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Alachua County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
20% of homes for sale in ZIP 32606 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-30).
Monterey Market Scorecard
Monterey is currently a seller's market. About 3.0 months of supply, a median asking price of $360,000, and homes go under contract in about 1 days.
Typical home value in the 32606 ZIP is $343,888, about 13.8% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
What is the median home price in Monterey?
How long do homes in Monterey take to sell?
Is Monterey a buyer's or seller's market right now?
How many homes are in Monterey?
What share of Monterey is owner-occupied?
When were the homes in Monterey built?
Do cash buyers compete in Monterey?
Who is the best real estate agent for Monterey?
How do I find a top Gainesville real estate agent who knows Monterey?
Can Momentum Realty connect me with an agent for Monterey?
Where is Monterey, and what county is it in?
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 16, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 32606)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2022 (10 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how MONTEREY SUB fits the bigger picture — live prices, inventory, and Momentum Scores:
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