Ocala, FL—34481
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 $280,000, with a year-over-year change of -6.0%. This indicates that home prices in Ocala, FL are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $280,000 | -6.0% |
| Single Family | $282,000 | -6.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $215,000 | -8.5% |
3 Bed | $348,000 | -4.1% |
4 Bed | $380,000 | -0.8% |
| 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 $1,910, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in Ocala, FL is 1-bedrooms: $1,500, 2-bedrooms: $1,820, 3-bedrooms: $2,030, 4-bedrooms: $2,770. The most common rental property sizes in Ocala, FL are 2-bedroom and 3-bedroom, accounting for 65.0% and 22.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,910 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $1,700 | $1,820 |
| 3 Bed Rent | $1,800 | $2,030 |
| 4 Bed Rent | $2,900 | $2,770 |
% 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 increase of 14.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 0.0% |
Listing Count | 760 | 48.0% |
| Listings as % of Homes | 2.0% | 48.0% |
Days on Market | 74 | 14.0% |
Demographics — Ocala, FL
As of the latest ACS Survey released in 2023, Ocala, FL has a population of 25,700, which has increased by 34.1% over the past 5 years. Ocala, FL is a less popular place for families, as children make up 7.0% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,700 | 34.1% |
% Under 18 | 7.0% | -5.4% |
% Seniors | 61.7% | 6.2% |
% WFH | 14.1% | 29.4% |
% w/ College Degree | 28.8% | 10.3% |
As of the latest ACS Survey released in 2023, Ocala, FL is a predominantly white area, with 79.7% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Ocala, FL is hispanic, making up 11.1% of the population. Foreign-born residents account for 8.5% of the population in Ocala, FL, and this percentage has increased by 2.4% 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 | 79.7% | -7.3% |
% Black | 7.2% | 166.7% |
% Hispanic | 11.1% | 32.1% |
% Asian | 0.8% | -38.5% |
% Foreign Born | 8.5% | 2.4% |
Mortgage and Risk — Ocala, FL
According to HUD data as of 2023, there were 1074 mortgage originations in Ocala, FL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Ocala, FL. Investor activity is low, as 1.0% 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 | 1,074 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 5.0% |
% 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 0.1%. 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. In Ocala, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$360 | $1,500 | $1,140 |
| 2 Bedroom | -$320 | $1,700 | $1,380 |
| 3 Bedroom | -$40 | $1,800 | $1,760 |
| 4 Bedroom | -$1,000 | $2,900 | $1,900 |
Affordability — Ocala, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $280,000 |
| Median Household Income | $54,600 |