Why Live in Mill Pond
Mill Pond in Gainesville features a dense suburban atmosphere with townhouses and condominiums painted in pastels and coastal shades. The neighborhood's homes, built between 1985 and 1995, typically have two or three bedrooms and are priced between $210,000 and $370,000, which is below the Gainesville median. Residents pay monthly HOA fees of around $330, which grants access to the Mill Pond Clubhouse, tennis courts, and a pool. The area is shaded by oaks draped with Spanish moss, creating a tranquil environment. For outdoor activities, Cofrin Nature Park is less than a mile north, offering a playground, nature trail, and meditation garden. Gainesville Health & Fitness is conveniently located across the street, providing gym equipment, personal trainers, and exercise classes. Shopping and dining options are abundant with Oaks Square and The Oaks Mall within a mile, and Butler Plaza just 4 miles away, featuring a variety of retailers and entertainment facilities. The neighborhood is bordered by I-75 and Florida State Road 26, with bus stops along Newberry Road for easy commuting. North Florida Hospital is only a mile away, and Gainesville Regional Airport is 10 miles from Mill Pond. Children in the area attend highly rated schools, including Kanapaha Middle School and F.W. Buchholz High School, known for its magnet programs and award-winning band. The crime rate in Mill Pond is lower than the national average, contributing to its appeal for potential home buyers.
Frequently Asked Questions
Is Mill Pond a good place to live?
Mill Pond is a good place to live. Mill Pond is considered car-dependent and bikeable. Mill Pond has 1 park for recreational activities. It has a median age of 28. The average household income is $65,265 which is below the national average. College graduates make up 68.5% of residents. A majority of residents in Mill Pond are renters, with 62.4% of residents renting and 37.6% of residents owning their home. A
local real estate agent serving Mill Pond can help you decide if this neighborhood is the right one for you. Learn more on our
Mill Pond neighborhood guide.
How much do you need to make to afford a house in Mill Pond?
The median home price in Mill Pond is $270,000. If you put a 20% down payment of $54,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,370 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $59K a year to afford the median home price in Mill Pond. The average household income in Mill Pond is $65K.
What are the best public schools in Mill Pond?
The best public schools that serve Mill Pond are:
What are the best private schools in Mill Pond?
The best private schools that serve Mill Pond are:
- Oak Hall School has an A+ Niche grade, a student teacher ratio of 12:1 and an average review score of 4.4.
- Cornerstone Academy has an A- Niche grade, a student teacher ratio of 10:1 and an average review score of 3.9.
- Brentwood School has a student teacher ratio of 14:1.
What are the most popular zip codes in Mill Pond, Gainesville, FL?
What are the most popular neighborhoods near Mill Pond, Gainesville, FL?
Home Trends in Mill Pond, FL
On average, homes in Mill Pond, Gainesville sell after 61 days on the market compared to the national average of 52 days. The median sale price for homes in Mill Pond, Gainesville over the last 12 months is $248,750, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$248,750
Median Single Family Sale Price
$267,500
Median Townhouse Sale Price
$193,000
Median 2 Bedroom Sale Price
$239,000
Average Price Per Sq Ft
$189
Number of Homes for Sale
9
Last 12 months Home Sales
12
Median List Price
$270,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
2%