Real Estate Investing in High Springs, Florida (32643)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32643 (High Springs, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.7% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in High Springs, FL (32643)?
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Market Analysis: 32643 High Springs
ZIP 32643 in High Springs, FL carries a notable set of headwinds. Home values near $332K and rents of $1,404/mo sit inside a market where underwriting has to be tight.
The investment case in 32643 is solid only for operators who understand what they are buying. A $332K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in High Springs have seen price recovery that 32643 has not matched. Alachua County data supports the view that the spread is structural rather than temporary.
On the rental side, 11,495 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 32643 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in High Springs:
Property Strategy for 32643
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $204,251 | $1,560 | 5.5% | +8.7% | $102,126 |
| 3BR | $314,522 | $1,950 | 4.5% | +7.8% | $104,841 |
| 4BR | $425,800 | $2,070 | 3.5% | +8.0% | $106,450 |
Market Trends
Home Value History (with trend line)
📊 How Does 32643 Compare?
| Metric | 32643 | High Springs | Gainesville, FL | Florida |
|---|---|---|---|---|
| Home Value | $332,136 | $332,136 | N/A | $374,697 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 7.4% |
| Avg Rent | $1,404 | $1,404 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32643 (High Springs, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $332,136 |
| Monthly Rent | $1,404 |
| Price-to-Rent | 19.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 32643
Population: 11,495
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 32643
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Where do rents currently stand in High Springs, FL?
Investors in High Springs, FL typically see rents near $1,404/mo per month against $332K home values - a solid setup for rental cash flow.
How quickly do rentals get leased in High Springs, FL?
High Springs, FL carries elevated vacancy risk. Expect steady absorption at market rents of $1,404/mo.
How does High Springs, FL rate as a rental market?
High Springs, FL scores 3.0/5 for investability. Home values sit at $332K and rents near $1,404/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How strong is the working-renter base in High Springs, FL?
Tenant demand in High Springs, FL is solid. The local workforce $1,404/mo rents across most rental classes.
Is rental property easy to operate in High Springs, FL?
Landlord-friendliness in High Springs, FL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 32643 now. You don’t know where it ranks.
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How 32643 ranks in Gainesville, FL
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