Ocala, FL—34479
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 $234,000, 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 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 | $234,000 | -3.9% |
| Single Family | $234,000 | -4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $169,000 | -5.6% |
3 Bed | $233,000 | -4.5% |
4 Bed | $320,000 | -1.5% |
| 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 $1,580, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Ocala, FL is 1-bedrooms: $1,010, 2-bedrooms: $1,220, 3-bedrooms: $1,760, 4-bedrooms: $2,220. The most common rental property sizes in Ocala, FL are 3-bedroom and 2-bedroom, accounting for 44.5% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,010 |
| 2 Bed Rent | $1,230 | $1,220 |
| 3 Bed Rent | $1,750 | $1,760 |
| 4 Bed Rent | $2,200 | $2,220 |
% 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 62. This is a increase of 19.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -5.0% |
Listing Count | 85 | 31.0% |
| Listings as % of Homes | 0.9% | 31.0% |
Days on Market | 62 | 19.0% |
Demographics — Ocala, FL
As of the latest ACS Survey released in 2023, Ocala, FL has a population of 13,300, which has decreased by -2.0% over the past 5 years. Ocala, FL is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,300 | -2.0% |
% Under 18 | 23.7% | 3.5% |
% Seniors | 21.2% | 13.4% |
% WFH | 5.2% | 26.8% |
% w/ College Degree | 14.6% | -5.8% |
As of the latest ACS Survey released in 2023, Ocala, FL is a predominantly white area, with 66.2% of the population identifying as white. The white population has shrunk by 15.0% in the last 5 years. The second most common race or ethnicity in Ocala, FL is hispanic, making up 15.3% of the population. Foreign-born residents account for 4.7% 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 | 66.2% | -15.0% |
% Black | 13.8% | 30.2% |
% Hispanic | 15.3% | 77.9% |
% Asian | 0.9% | 50.0% |
% Foreign Born | 4.7% | 51.6% |
Mortgage and Risk — Ocala, FL
According to HUD data as of 2023, there were 386 mortgage originations in Ocala, FL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 33.0% 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. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 386 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Ocala, FL
As of 2024, the percent of homes in Ocala, FL under the Section 8 program is 6.0%. 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 and 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 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 137 |
Total Units Section 8 | 85 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,100 | $1,160 |
| 2 Bedroom | $170 | $1,230 | $1,400 |
| 3 Bedroom | $40 | $1,750 | $1,790 |
| 4 Bedroom | -$270 | $2,200 | $1,930 |
Affordability — Ocala, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $234,000 |
| Median Household Income | $54,800 |