MONTEREY SUB in GAINESVILLE

MONTEREY SUB
Homes for Sale in GAINESVILLE, FL

Community in GAINESVILLE · Alachua County · ZIP 32606
534 homesBuilt 1900–2021Median sale $365K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data4 years of closingsFL DOR public recordsUpdated twice daily
Live · MONTEREY SUB Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$365K
Median sold · 12 mo
$198/sf
Sold $/sqft · 12 mo
peak $198 in 2026
96.3%
Sale vs ask
Alachua median: 93.2%
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
26days
Median DOM · closed
7 days at the 2024 low
0%
Under contract
Alachua: 24% (417 of 1,722)
2 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
76%
Owner-occupied · MONTEREY SUB
407 of 538 parcels homesteaded (FL DOR 2025)
24%
Non-owner-occupied · MONTEREY SUB
incl. 3% trust or LLC-held · 3% out-of-state
33%
Cash buyers · MONTEREY SUB
1 of 3 sales, 12 mo ending June 2026
534
Homes in the community
plus 4 vacant residential lots · 538 residential parcels (FL DOR 2025)
Track record · 4 years of records
Est. 1900
Community established
homes built 1900-2021, median 1976 (FL DOR 2025)
0
Failed listings · 2024
peaked at 1 in 2024
1,843sqft
Median sold home size
12-mo windows, closed sales
0.6%/yr
Turnover rate
about 3 of 534 homes trade a year
MONTEREY SUB Housing Pulse · Momentum Research · as of August 2, 2026

MONTEREY SUB 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 August 2, 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 SUB 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.

MONTEREY SUB 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).

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.

Active inventory in distress
0.0%
0 of 2 listings

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 August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in MONTEREY SUB

Live MLS inventory for MONTEREY SUB. 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 SUB listings as of 2026-08-02, 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.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Alachua County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Glen Springs Elementary School-AL · Elementary
  • Westwood Middle School-AL · Middle
  • Gainesville High School-AL · High

Zoned schools reflect the assignments reported on recent MONTEREY SUB listings and can change; always confirm with Alachua County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any MONTEREY SUB address.

Recent Developments in Monterey Sub

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

Dev Momentum61/100 · Active
  1. April 2026
    Development

    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 Sub.

    Source: WCJB
  2. April 2026
    Development

    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 Sub, elsewhere in Alachua County.

    Source: Mainstreet Daily News
  3. April 2026
    Development

    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 Sub, elsewhere in Alachua County.

    Source: Mainstreet Daily News
  4. December 2025
    Retail & 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 Sub.

    Source: 352today
  5. May 2025
    Development

    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 Sub.

    Source: Mainstreet Daily News

Development alerts for Monterey SubGet a short monthly email when something new is approved, funded, or opens near Monterey Sub.

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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 MONTEREY SUB today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 SUB.

A closer look at the MONTEREY SUB market

At a median of $198 per square foot, MONTEREY SUB 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 SUB. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.4B- · Buy Score
Liquidity & Demand4.0/10
Owner Commitment7.6/10
Pricing Power7.5/10

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

In short
  • Mandatory HOA - confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed MONTEREY SUB sales matched to your home.

What is your MONTEREY SUB home worth?

Get a no-obligation home value based on real comparable sales in MONTEREY SUB, 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 MONTEREY SUB on the map →

Real comps, not an automated estimate.

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.

$1,864/mo
Alachua County typical true cost to own
$85/mo
Alachua County typical home insurance
Check CDD
Confirm before you offer

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.

How much local inventory is already under contract

27% 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 (2026-08-18).

Monterey Market Scorecard

Seller's market

Monterey is currently a seller's market. About 3.0 months of supply, a median asking price of $379,000, and homes go under contract in about 25 days.

3.0
Months supply
$379,000
Median list
$382,500
Median sold
$207
Per sqft
25
Days on mkt
1/1/4
Active/Pend/Sold

Typical home value in the 32606 ZIP is $345,437, about 13.6% 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 SUB?
The median sale price in MONTEREY SUB was $365K over the 12 months ending August 2, 2026 (3 closed sales, Stellar MLS).
How long do homes in MONTEREY SUB take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 26 days on market (3 sales, Stellar MLS).
Is MONTEREY SUB a buyer's or seller's market right now?
As of August 2, 2026, MONTEREY SUB is roughly balanced: 6.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in MONTEREY SUB?
The Florida DOR 2025 assessment roll shows 534 homes plus 4 vacant residential lots in MONTEREY SUB (public records).
What share of MONTEREY SUB is owner-occupied?
76% of MONTEREY SUB parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in MONTEREY SUB built?
Homes in MONTEREY SUB were built between 1900 and 2021, with a median year built of 1976.0 (FL DOR 2025 roll).
Do cash buyers compete in MONTEREY SUB?
Cash buyers took 33% of MONTEREY SUB sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for MONTEREY SUB?
The best agent for MONTEREY SUB is one who actively works GAINESVILLE and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for MONTEREY SUB.
How do I find a top GAINESVILLE real estate agent who knows MONTEREY SUB?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows MONTEREY SUB and the wider GAINESVILLE area.
Can Momentum Realty connect me with an agent for MONTEREY SUB?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your MONTEREY SUB purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near MONTEREY SUB with Momentum Realty’s local guides.

Cole Wood GainesvilleGAINESVILLE, FL · 0.1 miValley The GainesvilleGAINESVILLE, FL · 0.4 miRichmond GainesvilleGAINESVILLE, FL · 0.5 miKensington Park GainesvilleGAINESVILLE, FL · 0.5 miGrand Central Sta Cluster Ph I GainesvilleGAINESVILLE, FL · 0.6 miNVNewberry Village NewberryGAINESVILLE, FL · 0.6 miTown Homes At The Lakes GainesvilleGAINESVILLE, FL · 0.6 miCRCedar Ridge GainesvilleGAINESVILLE, FL · 0.6 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 32606))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-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 your area comps.

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Buying or selling in Monterey? Find the best agent in Monterey · Find the best agent in Alachua County · Get a cash offer.

Thinking of selling in MONTEREY SUB? 3 recorded closings; median 26 days on market (window ending 2026-08-02). See the Alachua County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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