Ocala, FL—34471
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 $317,000, with a year-over-year change of -2.0%. 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 | $317,000 | -2.0% |
| Single Family | $323,000 | -2.4% |
| Condos | $140,000 | -4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $182,000 | -5.2% |
3 Bed | $293,000 | -3.0% |
4 Bed | $461,000 | 0.4% |
| 5 Bed | $705,000 | 2.3% |
% of Housing Stock
Rental Trends — Ocala, FL
As of July '25, Rentcast reports the average rent in Ocala, FL is $1,750, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Ocala, FL is studios: $1,100, 1-bedrooms: $1,100, 2-bedrooms: $1,500, 3-bedrooms: $1,950, 4-bedrooms: $2,660. The most common rental property sizes in Ocala, FL are 2-bedroom and 1-bedroom, accounting for 41.2% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,750 |
| Studio Rent | $1,100 | $1,100 |
| 1 Bed Rent | $1,080 | $1,100 |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,950 | $1,950 |
| 4 Bed Rent | $2,300 | $2,660 |
% 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 74. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | -7.0% |
Listing Count | 216 | 8.0% |
| Listings as % of Homes | 1.0% | 8.0% |
Days on Market | 74 | -2.0% |
Demographics — Ocala, FL
As of the latest ACS Survey released in 2023, Ocala, FL has a population of 26,000, which has increased by 4.6% over the past 5 years. Ocala, FL is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 36.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,000 | 4.6% |
% Under 18 | 21.7% | -6.5% |
% Seniors | 25.8% | 18.3% |
% WFH | 12.7% | 154.0% |
% w/ College Degree | 36.2% | 15.7% |
As of the latest ACS Survey released in 2023, Ocala, FL is a predominantly white area, with 66.7% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Ocala, FL is hispanic, making up 15.9% of the population. Foreign-born residents account for 9.4% of the population in Ocala, FL, and this percentage has increased by 51.6% 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 | 66.7% | -11.3% |
% Black | 10.3% | -17.6% |
% Hispanic | 15.9% | 69.1% |
% Asian | 3.0% | 66.7% |
% Foreign Born | 9.4% | 51.6% |
Mortgage and Risk — Ocala, FL
According to HUD data as of 2023, there were 438 mortgage originations in Ocala, FL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Ocala, FL. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 438 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Ocala, FL
As of 2024, the percent of homes in Ocala, FL under the Section 8 program is 5.3%. This is considered low, suggesting that the neighborhood is sparsely 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 | 291 |
Total Units Section 8 | 219 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,080 | $1,140 |
| 2 Bedroom | -$120 | $1,500 | $1,380 |
| 3 Bedroom | -$190 | $1,950 | $1,760 |
| 4 Bedroom | -$400 | $2,300 | $1,900 |
Affordability — Ocala, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $317,000 |
| Median Household Income | $60,300 |