Palm Terrace
Homes for Sale in Gainesville, FL
All 800 homes for sale in Gainesville, FL · median $298,030 · 70 homes for sale in 32601 · Alachua County homes for sale
True comps, carrying-cost math, and listings before the portals.
Nearby homes for sale
No active listings inside Palm Terrace right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
As of October 2026, the MLS records 29 closed sales in Palm Terrace in Gainesville, FL since 1992, the most recent in August 2025. Across Gainesville as a whole, 2,249 homes closed in the last 12 months at a median of $335,500, 50 median days on market, with 562 homes for sale today. At that median and Alachua County's FY2025-26 rate of 16.56 mills, annual property tax runs about $5,550 ($4,910 with the full homestead exemption).
The market around Palm Terrace
Palm Terrace is a small community — 14 recorded sales on file, most recently in 2020 — too few for its own price trend. Here is the market around it.
In ZIP 32601, 83 homes are on the market and 8% are under contract — a slower corner of Gainesville.
Across Alachua County, 1,305 homes are active and 417 pending (24% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not Palm Terrace specifically. Momentum Research analysis of MLS records.
The Palm Terrace buying strategy.
If we were buying in Palm Terrace 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 Palm Terrace.
The location and the amenities are priced into every listing in Palm Terrace. The deal is won or lost on condition, the comps, and the renovation math.
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 Palm Terrace 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 Palm Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palm Terrace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Palm Terrace home worth?
Get a no-obligation home value based on real comparable sales in Palm Terrace, 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 all homes for sale in Gainesville →
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 1, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 1992 (29 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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Palm Terrace fits the bigger picture — live prices, inventory, and Momentum Scores:
Schools serving nearby communities
We do not have a confirmed school assignment for Palm Terrace. These are the public schools most often assigned to other communities in ZIP 32601 / 32603 / 32606 / 32607 / 99999; zones change and vary by address, so confirm with the district before you buy.
- Meadowbrook Elementary School · K-5 · FLDOE grade A (assigned to 2 nearby communities)
- Fort Clarke Middle School · 6-8 · FLDOE grade A (assigned to 2 nearby communities)
- F.W. Buchholz High School · 9-12 (assigned to 2 nearby communities)
- Newberry Elementary / Oak View · (confirm zoning) (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
Common questions about Palm Terrace
Where is Palm Terrace?
Palm Terrace is a community in Gainesville, Alachua County, Florida, ZIP 32601 / 32603 / 32606 / 32607 / 99999.
Are there homes for sale in Palm Terrace right now?
No active listings inside Palm Terrace at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Palm Terrace have an HOA or CDD?
No HOA is on record for Palm Terrace in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
More Gainesville & Gainesville & Alachua County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Gainesville & Alachua County or the full Neighborhood Finder.
Nearby Communities
Explore more neighborhoods near Palm Terrace with Momentum Realty’s local guides.
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.
Palm Terrace Market Scorecard
Palm Terrace is currently a thin data market. Limited supply, a median asking price of n/a.
Go deeper: 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.