Ocala, FL—34472
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 $236,000, with a year-over-year change of -2.7%. This indicates that home prices in Ocala, FL are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $236,000 | -2.7% |
| Single Family | $240,000 | -3.2% |
| Condos | $113,000 | -8.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $94,000 | -7.8% |
2 Bed | $143,000 | -5.3% |
3 Bed | $238,000 | -3.3% |
4 Bed | $299,000 | -1.0% |
| 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 $1,720, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Ocala, FL is 1-bedrooms: $1,280, 2-bedrooms: $1,460, 3-bedrooms: $1,730, 4-bedrooms: $2,010. The most common rental property sizes in Ocala, FL are 3-bedroom and 2-bedroom, accounting for 61.6% and 15.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,720 | $1,720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,280 |
| 2 Bed Rent | $1,300 | $1,460 |
| 3 Bed Rent | $1,720 | $1,730 |
| 4 Bed Rent | $1,980 | $2,010 |
% 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 79. 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $257,000 | -3.0% |
Listing Count | 391 | 14.0% |
| Listings as % of Homes | 1.8% | 14.0% |
Days on Market | 79 | 19.0% |
Demographics — Ocala, FL
As of the latest ACS Survey released in 2023, Ocala, FL has a population of 34,700, which has increased by 9.6% over the past 5 years. Ocala, FL is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,700 | 9.6% |
% Under 18 | 24.1% | -9.4% |
% Seniors | 18.3% | 2.2% |
% WFH | 9.2% | 130.0% |
% w/ College Degree | 18.6% | 12.0% |
As of the latest ACS Survey released in 2023, Ocala, FL is a predominantly white area, with 49.6% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Ocala, FL is hispanic, making up 25.1% of the population. Foreign-born residents account for 10.6% of the population in Ocala, FL, and this percentage has increased by 12.8% 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 | 49.6% | -4.2% |
% Black | 20.9% | -12.9% |
% Hispanic | 25.1% | 21.8% |
% Asian | 1.5% | 25.0% |
% Foreign Born | 10.6% | 12.8% |
Mortgage and Risk — Ocala, FL
According to HUD data as of 2023, there were 1006 mortgage originations in Ocala, FL, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Ocala, FL. Investor activity is low, as 5.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,006 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Ocala, FL
As of 2024, the percent of homes in Ocala, FL under the Section 8 program is 4.1%. 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 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 | 108 |
Total Units Section 8 | 108 |
% Rentals under Section 8 | 4.1% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,000 | $1,150 |
| 2 Bedroom | $90 | $1,300 | $1,390 |
| 3 Bedroom | $60 | $1,720 | $1,780 |
| 4 Bedroom | -$60 | $1,980 | $1,920 |
Affordability — Ocala, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $236,000 |
| Median Household Income | $61,600 |