Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$382,542
+26.7%
Since Jun 2024
Range: $338,780-$424,400
1 Year
5 Years
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Property Facts
516 NE 8th Ave, Gainesville, FL is a single family home that contains 1,198 Sq. Ft. and was built in 1928. It contains 2 bedrooms and 1 bathroom. This home last sold for $223,000 on 8/8/2016.
-
County:ALACHUA
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Year Built:1928
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Living Area:1,198 Sq. Ft.
-
Lot Size:6,970 Sq. Ft.
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Property History
Price History
Date
Event
Price
Source
8/8/2016
Sold
$223,000
Public Records
9/15/2000
Sold
$125,000
Public Records
7/6/1998
Sold
$90,000
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$5,108 (0%)
$252,847 (+9.9%)
2023
$5,108 (+8.43%)
$230,077 (+29.51%)
2022
$4,711 (+16.78%)
$177,658 (-1.46%)
2021
$4,034 (-3.65%)
$180,294 (-1.09%)
2020
$4,187 (-0.83%)
$182,285 (-0.57%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
516 NE 8th Ave
Gainesville, FL 32601
This Property
-
2 Bed
1 Bath
1,198 Sq. Ft.
1928 Year Built
1
800 NE Boulevard
Gainesville, FL 32601
$225,000
3 Bed
2 Bath
1,661 Sq. Ft.
1925 Year Built
2
313 NE 8TH Avenue
Gainesville, FL 32601
-
12 Bed
6 Bath
0 Sq. Ft.
1937 Year Built
3
710 NE 9th Avenue
Gainesville, FL 32601
$365,000
2 Bed
1 Bath
1,004 Sq. Ft.
1949 Year Built
4
716 NW 9th Avenue
Gainesville, FL 32601
$85,000
3 Bed
1 Bath
1,095 Sq. Ft.
1941 Year Built
5
1715 NE 6th Place
Gainesville, FL 32641
$126,000
3 Bed
2 Bath
1,267 Sq. Ft.
1979 Year Built
6
1010 NE 7th Place
Gainesville, FL 32601
$209,000
3 Bed
1 Bath
850 Sq. Ft.
1941 Year Built
7
627 SE 2nd Place
Gainesville, FL 32601
$406,250
2 Bed
2 Bath
1,246 Sq. Ft.
1932 Year Built
8
723 NE 9th Avenue
Gainesville, FL 32601
$266,500
2 Bed
2 Bath
800 Sq. Ft.
1937 Year Built
9
1514 NE 1st Avenue
Gainesville, FL 32641
$264,900
3 Bed
2 Bath
1,310 Sq. Ft.
2025 Year Built
10
1312 SE 7th Avenue
Gainesville, FL 32641
-
0 Bed
0 Bath
0 Sq. Ft.
1946 Year Built
Sales in a non-disclosure state
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Market Trends
Gainesville
32601
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
May 2024
$310,000
Apr 2025
$320,000
Change
+3.2%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represents the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
May 2024
89 Days
Apr 2025
114 Days
Change
+28.1%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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Area Statistics
People
ZIP (32601)
City (Gainesville)
Population
18,182
138,741
Population Density
4,000.4
2,203.4
People Per Household
2.3
2.3
Median Age
23.6
26.8
Median Household Income
$29,422
$40,937
Average Income
$20,233
$25,986
Economy
ZIP (32601)
City (Gainesville)
Unemployment
2.40%
2.70%
Recent Job Growth
4.41%
4.41%
Future Job Growth
52.32%
51.87%
Sales Tax
7.50%
7.50%
Income Tax
0.00%
0.00%
Cost of Living Index
90.6
95.6
Environment
ZIP (32601)
City (Gainesville)
Altitude
116
177
Rainfall (Inches Annually)
50.1
50.2
Snowfall (Inches Annually)
0
0
January Avg. Low Temp
41.2
41.3
July Avg. High Temp
91.5
91.5
Days of Precipitation Annually
113
113
Days Mostly Sunny Annually
222
224
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
6-8
0.8 mi
1-5
1 mi
9-12
3.3 mi
4-10
0.6 mi
K-8
2.7 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
