Marion Oaks, Florida Housing Market Prices
Marion Oaks Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 22% below the Florida median$243,206
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Median rent 1% below the Florida median$1,646
Housing Market Overview
| Metric | Marion Oaks | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $243,206 | $311,338 | $248,835 |
| Price Trend (Annual %) | 20.7% | 11.2% | 7.5% |
| Median Gross Rent | $1,646 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 7.5% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Marion Oaks is about 22% lower than in Florida. Rent is about 1% lower than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Marion Oaks, up about 20.7% and 7.5% a year respectively. Home prices are changing faster.
Median rent in Marion Oaks rose about 72.9% between 2015 and 2024, from $952 to $1,646. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in Marion Oaks.
Buying the median-priced home in Marion Oaks costs roughly 12.3 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Marion Oaks. The price-to-rent ratio in Florida is about 15.6.
| Metric | Marion Oaks | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $243,206 | $311,338 | $248,835 |
| Median Household Income | $69,362 | $74,580 | $80,455 |
| Price-to-Income Ratio | 3.5 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Marion Oaks rose about 191.4%, while median household income rose about 57.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Marion Oaks | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.4% | 57.7% | 58.5% |
| Rental Rate | 19.2% | 27.7% | 31.2% |
| Vacancy Rate | 11.4% | 14.6% | 10.2% |
| Median Tenure (years) | 10.0 | 13.0 | 15.0 |
| Median Year Moved In | 2016 | 2013 | 2011 |
Marion Oaks has a homeownership rate of 69.4%, higher than the Florida average of 57.7%. Its housing vacancy rate is 11.4%, compared with 14.6% in Florida.
Housing Stock
| Metric | Marion Oaks | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.88 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 2000 | 1988 | 1978 |
| Median Number of Rooms | 5.5 | 5.2 | 5.5 |
The typical housing unit in Marion Oaks was built around 2000. On average, 2.9 people live in a home with about 5.5 rooms, staying for about 10.0 years on average.
Marion Oaks, FL Housing Compared With Nearby Cities
How Marion Oaks, FL compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Marion Oaks, FL | 21,418 | $243,206 #3/3 | $1,646 #2/3 | 78.3% #2/3 |
| Liberty Triangle, FL | 25,008 | $386,621 | $1,714 | 90.9% |
| Ocala, FL | 65,969 | $262,149 | $1,233 | 56.5% |
Frequently Asked Questions
Common questions about the housing market in Marion Oaks, Florida.
What is the median home price in Marion Oaks, Florida?
The median home price in Marion Oaks, Florida is $243,206, lower than the Florida average of $311,338.
What is the average home price in Marion Oaks, Florida?
The typical home price in Marion Oaks, Florida, reported as the median sale price, is $243,206. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Marion Oaks, Florida?
The median gross rent in Marion Oaks, Florida is $1,646 per month, lower than the Florida average of $1,668.
What was the median gross rent in Marion Oaks in 2020?
In 2020, the median gross rent in Marion Oaks, Florida was $1,001 per month.
What is the price-to-rent ratio in Marion Oaks, Florida?
The price-to-rent ratio in Marion Oaks, Florida is about 12.3, meaning it would take roughly 12.3 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Marion Oaks.
Are home prices or rent rising faster in Marion Oaks, Florida?
Both home prices and rent are rising in Marion Oaks, up about 20.7% and 7.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Marion Oaks, Florida?
69.4% of households in Marion Oaks, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Marion Oaks, Florida?
The housing vacancy rate in Marion Oaks, Florida is 11.4%, lower than the Florida average of 14.6%.
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