Ocala, FL—34476
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 $301,000, with a year-over-year change of -4.1%. 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 | $301,000 | -4.1% |
| Single Family | $302,000 | -4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $205,000 | -8.1% |
3 Bed | $296,000 | -4.2% |
4 Bed | $366,000 | -1.9% |
| 5 Bed | $408,000 | -0.5% |
% of Housing Stock
Rental Trends — Ocala, FL
As of July '25, Rentcast reports the average rent in Ocala, FL is $2,070, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Ocala, FL is 1-bedrooms: $1,300, 2-bedrooms: $1,690, 3-bedrooms: $1,900, 4-bedrooms: $2,410. The most common rental property sizes in Ocala, FL are 3-bedroom and 2-bedroom, accounting for 50.5% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,300 |
| 2 Bed Rent | $1,600 | $1,690 |
| 3 Bed Rent | $1,900 | $1,900 |
| 4 Bed Rent | $2,350 | $2,410 |
% 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 71. This is a increase of 6.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $317,000 | -2.0% |
Listing Count | 440 | 13.0% |
| Listings as % of Homes | 2.4% | 13.0% |
Days on Market | 71 | 6.0% |
Demographics — Ocala, FL
As of the latest ACS Survey released in 2023, Ocala, FL has a population of 26,400, which has increased by 16.5% over the past 5 years. Ocala, FL is a moderately popular place for families, as children make up 15.8% of the population. The area has a moderately educated workforce, with 28.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,400 | 16.5% |
% Under 18 | 15.8% | 12.9% |
% Seniors | 39.1% | -4.6% |
% WFH | 11.8% | 61.6% |
% w/ College Degree | 28.2% | 33.6% |
As of the latest ACS Survey released in 2023, Ocala, FL is a predominantly white area, with 63.3% of the population identifying as white. The white population has shrunk by 15.4% in the last 5 years. The second most common race or ethnicity in Ocala, FL is hispanic, making up 17.9% of the population. Foreign-born residents account for 14.9% of the population in Ocala, FL, and this percentage has increased by 40.6% 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 | 63.3% | -15.4% |
% Black | 13.5% | 77.6% |
% Hispanic | 17.9% | 42.1% |
% Asian | 1.5% | -54.5% |
% Foreign Born | 14.9% | 40.6% |
Mortgage and Risk — Ocala, FL
According to HUD data as of 2023, there were 995 mortgage originations in Ocala, FL, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Ocala, FL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 995 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Ocala, FL
As of 2024, the percent of homes in Ocala, FL under the Section 8 program is 2.0%. 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 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 | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $950 | $1,170 |
| 2 Bedroom | -$180 | $1,600 | $1,420 |
| 3 Bedroom | -$90 | $1,900 | $1,810 |
| 4 Bedroom | -$390 | $2,350 | $1,960 |
Affordability — Ocala, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $301,000 |
| Median Household Income | $65,400 |