Ocala, Florida Housing Market Prices
Ocala 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 16% below the Florida median$262,149
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Median rent 26% below the Florida median$1,233
Housing Market Overview
| Metric | Ocala | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $262,149 | $311,338 | $248,835 |
| Price Trend (Annual %) | 24.7% | 11.2% | 7.5% |
| Median Gross Rent | $1,233 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 5.8% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ocala is about 16% lower than in Florida. Rent is about 26% 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 Ocala, up about 24.7% and 5.8% a year respectively. Home prices are changing faster.
Median rent in Ocala rose about 58.9% between 2015 and 2024, from $776 to $1,233. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 4.9 yearly household incomes in Ocala.
Buying the median-priced home in Ocala costs roughly 17.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Ocala. The price-to-rent ratio in Florida is about 15.6.
| Metric | Ocala | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $262,149 | $311,338 | $248,835 |
| Median Household Income | $53,073 | $74,580 | $80,455 |
| Price-to-Income Ratio | 4.9 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ocala rose about 202.7%, while median household income rose about 30.7% 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 | Ocala | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.5% | 57.7% | 58.5% |
| Rental Rate | 38.9% | 27.7% | 31.2% |
| Vacancy Rate | 10.6% | 14.6% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
Ocala has a homeownership rate of 50.5%, lower than the Florida average of 57.7%. Its housing vacancy rate is 10.6%, compared with 14.6% in Florida.
Housing Stock
| Metric | Ocala | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.32 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1983 | 1988 | 1978 |
| Median Number of Rooms | 5.2 | 5.2 | 5.5 |
The typical housing unit in Ocala was built around 1983. On average, 2.3 people live in a home with about 5.2 rooms, staying for about 11.0 years on average.
Ocala, FL Housing Compared With Nearby Cities
How Ocala, FL compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Ocala, FL | 65,969 | $262,149 #2/3 | $1,233 #3/3 | 56.5% #3/3 |
| Liberty Triangle, FL | 25,008 | $386,621 | $1,714 | 90.9% |
| Silver Springs Shores, FL | 26,805 | $200,508 | $1,421 | 77.9% |
Frequently Asked Questions
Common questions about the housing market in Ocala, Florida.
What is the median home price in Ocala, Florida?
The median home price in Ocala, Florida is $262,149, lower than the Florida average of $311,338.
What is the average home price in Ocala, Florida?
The typical home price in Ocala, Florida, reported as the median sale price, is $262,149. 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 Ocala, Florida?
The median gross rent in Ocala, Florida is $1,233 per month, lower than the Florida average of $1,668.
What was the median gross rent in Ocala in 2020?
In 2020, the median gross rent in Ocala, Florida was $925 per month.
What is the price-to-rent ratio in Ocala, Florida?
The price-to-rent ratio in Ocala, Florida is about 17.7, meaning it would take roughly 17.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Ocala.
Are home prices or rent rising faster in Ocala, Florida?
Both home prices and rent are rising in Ocala, up about 24.7% and 5.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Ocala, Florida?
50.5% of households in Ocala, Florida own their home, lower than the Florida average of 57.7%.
What is the vacancy rate in Ocala, Florida?
The housing vacancy rate in Ocala, Florida is 10.6%, lower than the Florida average of 14.6%.
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