Ocala, FL—34482
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 $299,000, 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 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $299,000 | -3.9% |
| Single Family | $299,000 | -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 | $273,000 | -6.2% |
3 Bed | $284,000 | -4.1% |
4 Bed | $485,000 | 0.6% |
| 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 $2,640, with a year-over-year rent change of -12.3%. Per bedroom, the median rent as of July '25 in Ocala, FL is 1-bedrooms: $1,500, 2-bedrooms: $2,570, 3-bedrooms: $2,720, 4-bedrooms: $2,830. The most common rental property sizes in Ocala, FL are 3-bedroom and 2-bedroom, accounting for 60.9% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,500 |
| 2 Bed Rent | $2,200 | $2,570 |
| 3 Bed Rent | $2,300 | $2,720 |
| 4 Bed Rent | $2,550 | $2,830 |
% 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 4.0% 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 | $328,000 | -1.0% |
Listing Count | 267 | 15.0% |
| Listings as % of Homes | 1.6% | 15.0% |
Days on Market | 79 | 4.0% |
Demographics — Ocala, FL
As of the latest ACS Survey released in 2023, Ocala, FL has a population of 21,800, which has decreased by -13.5% over the past 5 years. Ocala, FL is a less popular place for families, as children make up 11.5% of the population. The area has a poorly educated workforce, with 22.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,800 | -13.5% |
% Under 18 | 11.5% | -26.8% |
% Seniors | 27.4% | 27.4% |
% WFH | 16.0% | 77.8% |
% w/ College Degree | 22.0% | 46.7% |
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 0.3% in the last 5 years. The second most common race or ethnicity in Ocala, FL is hispanic, making up 19.3% of the population. Foreign-born residents account for 9.7% of the population in Ocala, FL, and this percentage has increased by 27.6% 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% | -0.3% |
% Black | 15.4% | -23.8% |
% Hispanic | 19.3% | 20.6% |
% Asian | 0.5% | 25.0% |
% Foreign Born | 9.7% | 27.6% |
Mortgage and Risk — Ocala, FL
According to HUD data as of 2023, there were 698 mortgage originations in Ocala, FL, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 34.0% 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. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 698 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 4.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 10.0% |
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. 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 | 51 |
Total Units Section 8 | 51 |
% 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 | -$330 | $1,300 | $970 |
| 2 Bedroom | -$1,030 | $2,200 | $1,170 |
| 3 Bedroom | -$800 | $2,300 | $1,500 |
| 4 Bedroom | -$940 | $2,550 | $1,610 |
Affordability — Ocala, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $299,000 |
| Median Household Income | $71,400 |