Ocala, FL—34474
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 $312,000, with a year-over-year change of -3.9%. This indicates that home prices in Ocala, FL are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $312,000 | -3.9% |
| Single Family | $318,000 | -3.9% |
| Condos | $196,000 | -7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $191,000 | -6.8% |
3 Bed | $286,000 | -4.3% |
4 Bed | $368,000 | -2.6% |
| 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 $1,940, with a year-over-year rent change of -8.9%. Per bedroom, the median rent as of July '25 in Ocala, FL is studios: $780, 1-bedrooms: $1,380, 2-bedrooms: $1,640, 3-bedrooms: $2,100, 4-bedrooms: $2,760. The most common rental property sizes in Ocala, FL are 2-bedroom and 3-bedroom, accounting for 48.2% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,940 |
| Studio Rent | $780 | $780 |
| 1 Bed Rent | $1,440 | $1,380 |
| 2 Bed Rent | $1,580 | $1,640 |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | $2,500 | $2,760 |
% 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 73. This is a increase of 3.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $332,000 | 5.0% |
Listing Count | 101 | 12.0% |
| Listings as % of Homes | 0.6% | 12.0% |
Days on Market | 73 | 3.0% |
Demographics — Ocala, FL
As of the latest ACS Survey released in 2023, Ocala, FL has a population of 20,500, which has increased by 23.0% over the past 5 years. Ocala, FL is a moderately popular place for families, as children make up 21.9% of the population. The area has a moderately educated workforce, with 31.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,500 | 23.0% |
% Under 18 | 21.9% | 5.3% |
% Seniors | 19.6% | -5.8% |
% WFH | 9.0% | 8.4% |
% w/ College Degree | 31.5% | 17.5% |
As of the latest ACS Survey released in 2023, Ocala, FL is a predominantly white area, with 52.4% of the population identifying as white. The white population has shrunk by 16.7% in the last 5 years. The second most common race or ethnicity in Ocala, FL is hispanic, making up 25.4% of the population. Foreign-born residents account for 20.8% of the population in Ocala, FL, and this percentage has increased by 40.5% 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 | 52.4% | -16.7% |
% Black | 16.6% | 268.9% |
% Hispanic | 25.4% | 23.9% |
% Asian | 8.1% | 22.7% |
% Foreign Born | 20.8% | 40.5% |
Mortgage and Risk — Ocala, FL
According to HUD data as of 2023, there were 507 mortgage originations in Ocala, FL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Ocala, FL. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 507 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 4.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Ocala, FL
As of 2024, the percent of homes in Ocala, FL under the Section 8 program is 0.6%. 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. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Ocala, FL, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 96 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $1,440 | $1,370 |
| 2 Bedroom | $80 | $1,580 | $1,660 |
| 3 Bedroom | $20 | $2,100 | $2,120 |
| 4 Bedroom | -$210 | $2,500 | $2,290 |
Affordability — Ocala, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $312,000 |
| Median Household Income | $62,200 |