Ocala, FL—34480
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 $315,000, with a year-over-year change of -2.3%. This indicates that home prices in Ocala, FL are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $315,000 | -2.3% |
| Single Family | $316,000 | -2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $186,000 | -5.1% |
3 Bed | $273,000 | -3.2% |
4 Bed | $453,000 | -1.3% |
| 5 Bed | $689,000 | 0.3% |
% of Housing Stock
Rental Trends — Ocala, FL
As of July '25, Rentcast reports the average rent in Ocala, FL is $1,700, with a year-over-year rent change of 0.6%. Per bedroom, the median rent as of July '25 in Ocala, FL is 1-bedrooms: $1,080, 2-bedrooms: $1,240, 3-bedrooms: $1,830, 4-bedrooms: $3,080. The most common rental property sizes in Ocala, FL are 2-bedroom and 3-bedroom, accounting for 50.7% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,080 |
| 2 Bed Rent | $1,250 | $1,240 |
| 3 Bed Rent | $1,800 | $1,830 |
| 4 Bed Rent | $3,000 | $3,080 |
% 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 86. This is a increase of 28.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $360,000 | 1.0% |
Listing Count | 212 | 22.0% |
| Listings as % of Homes | 1.9% | 22.0% |
Days on Market | 86 | 28.0% |
Demographics — Ocala, FL
As of the latest ACS Survey released in 2023, Ocala, FL has a population of 23,700, which has increased by 24.8% over the past 5 years. Ocala, FL is a popular place for families, as children make up 25.4% of the population. The area has a moderately educated workforce, with 28.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,700 | 24.8% |
% Under 18 | 25.4% | 8.1% |
% Seniors | 16.2% | -0.6% |
% WFH | 10.1% | 236.7% |
% w/ College Degree | 28.0% | 12.9% |
As of the latest ACS Survey released in 2023, Ocala, FL is a predominantly white area, with 73.2% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Ocala, FL is hispanic, making up 15.2% of the population. Foreign-born residents account for 6.0% of the population in Ocala, FL, and this percentage has decreased by 10.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.2% | 0.8% |
% Black | 6.3% | -39.4% |
% Hispanic | 15.2% | 38.2% |
% Asian | 1.6% | -46.7% |
% Foreign Born | 6.0% | -10.4% |
Mortgage and Risk — Ocala, FL
According to HUD data as of 2023, there were 686 mortgage originations in Ocala, FL, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 31.0% 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. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 686 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Ocala, FL
As of 2024, the percent of homes in Ocala, FL under the Section 8 program is 7.1%. 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 | 152 |
Total Units Section 8 | 152 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,000 | $1,030 |
| 2 Bedroom | -$10 | $1,250 | $1,240 |
| 3 Bedroom | -$220 | $1,800 | $1,580 |
| 4 Bedroom | -$1,290 | $3,000 | $1,710 |
Affordability — Ocala, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $315,000 |
| Median Household Income | $75,300 |