Ocala, Florida Real Estate & Housing Market

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Ocala Housing Information

Index	Ocala	Florida	National
Median home price	$120,700	$166,800	$184,700
Median rent asked	$819	$1,032	$949
Avg. people per household	2.6	2.6	2.6
Owner occupied households	50.9%	64.8%	63.6%
Renter occupied households	49.1%	35.2%	36.4%

The above shows an overview of the real estate market in Ocala, FL. Note how the median home price for Ocala, FL runs $120,700, which is 28% lower than the average property price for Florida. So you’re going to get real estate in Ocala, FL that is on-average more affordable than what you’ll find in the rest of Florida. As for rent, the median for Ocala, FL runs $819, which is comparatively 21% lower than the average rent for Florida. For Ocala, FL, about 50.9% of the population consist of home owners with about 2.6 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Ocala, FL offers a wide variety of real estate. To find your perfect home in Ocala, FL, filter your choice by price, location, and number of beds and baths using the search area above.

Ocala Home Affordability

When deciding where to purchase Ocala, FL real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Ocala, FL the median home price is $120,700 and $37,792 is the median household income. As a result, the home price to income ratio in Ocala, FL is 3.2x, which is 6% lower than the Florida average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Ocala, FL the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Ocala, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Reddick, FL	733	$71,700	61%
Silver Springs Shores, FL	7,929	$75,200	59%
Belleview, FL	4,689	$89,900	51%
Ocala, FL	57,873	$120,700	35%

Cities with similar population

City, State	Population	Home Price	National Avg.
Tonawanda, NY	57,844	$121,300	34%
White Plains, NY	57,925	$513,300	178%
Tamiami, FL	57,796	$233,600	26%
Arcadia, CA	57,755	$920,700	398%
Port Charlotte, FL	58,001	$124,500	33%
Ocala, FL	57,873	$120,700	35%

Source: The Ocala, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).