Ocala, FL—34470
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ocala, FL
As of Oct '25, the median home price in Ocala, FL is $230,000, with a year-over-year change of -2.7%. This indicates that home prices in Ocala, FL are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $230,000 | -2.7% |
| Single Family | $238,000 | -2.5% |
| Condos | $132,000 | -5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $105,000 | -7.1% |
2 Bed | $162,000 | -4.1% |
3 Bed | $240,000 | -2.8% |
4 Bed | $317,000 | -1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ocala, FL
As of July '25, Rentcast reports the average rent in Ocala, FL is $1,440, with a year-over-year rent change of 4.3%. Per bedroom, the median rent as of July '25 in Ocala, FL is studios: $1,020, 1-bedrooms: $1,070, 2-bedrooms: $1,420, 3-bedrooms: $1,840, 4-bedrooms: $2,060. The most common rental property sizes in Ocala, FL are 2-bedroom and 1-bedroom, accounting for 42.1% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,440 |
| Studio Rent | $945 | $1,020 |
| 1 Bed Rent | $1,050 | $1,070 |
| 2 Bed Rent | $1,350 | $1,420 |
| 3 Bed Rent | $1,750 | $1,840 |
| 4 Bed Rent | $2,100 | $2,060 |
% of Rental Stock
Property Listings — Ocala, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Ocala, FL is 76. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $254,000 | 1.0% |
Listing Count | 163 | 25.0% |
| Listings as % of Homes | 1.1% | 25.0% |
Days on Market | 76 | 15.0% |
Demographics — Ocala, FL
As of the latest ACS Survey released in 2023, Ocala, FL has a population of 21,500, which has increased by 8.4% over the past 5 years. Ocala, FL is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,500 | 8.4% |
% Under 18 | 20.9% | -0.5% |
% Seniors | 22.4% | 5.2% |
% WFH | 9.7% | 131.0% |
% w/ College Degree | 22.7% | 39.3% |
As of the latest ACS Survey released in 2023, Ocala, FL is a predominantly white area, with 70.9% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Ocala, FL is hispanic, making up 12.0% of the population. Foreign-born residents account for 5.8% of the population in Ocala, FL, and this percentage has increased by 3.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.9% | -3.3% |
% Black | 10.5% | -17.3% |
% Hispanic | 12.0% | 2.6% |
% Asian | 1.3% | 18.2% |
% Foreign Born | 5.8% | 3.6% |
Mortgage and Risk — Ocala, FL
According to HUD data as of 2023, there were 410 mortgage originations in Ocala, FL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Ocala, FL. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 410 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Ocala, FL
As of 2024, the percent of homes in Ocala, FL under the Section 8 program is 21.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Ocala, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 872 |
Total Units Section 8 | 785 |
% Rentals under Section 8 | 21.7% |
% Occupied Section 8 | 85.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,050 | $1,080 |
| 2 Bedroom | -$40 | $1,350 | $1,310 |
| 3 Bedroom | -$80 | $1,750 | $1,670 |
| 4 Bedroom | -$290 | $2,100 | $1,810 |
Affordability — Ocala, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $230,000 |
| Median Household Income | $49,600 |