Is Ocala, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ocala is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Ocala has remained a Seller's Market.

Key Takeaway

Ocala is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ocala, FL

How much do homes in Ocala, FL cost?

Median Sold Price

$279,822

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,830(+1.8%)

Key Takeaway

Homes in Ocala have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Ocala was $279,822 in April 2024, up 1.8% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $112K$111.7K
-0.2%
2 $207K$211.7K
+2.3%
3 $267.8K$267.2K
-0.2%
4 $342.7K$319.9K
-6.6%
5+ $433.2K$380K
-12.3%

Summary: Ocala housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes decreased by 12.3%.

Median Sold Price Compared To Nearby Cities

Ocala
+1.8%
Silver Springs
-33.4%

Housing Supply in Ocala, FL

How many homes are available in Ocala, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3,4283,350-2.3%

Summary: The Ocala real estate market had 3,350 homes for sale in April 2024, a 2.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1814
-22.2%
2 794768
-3.3%
3 1,6701,667
-0.2%
4 829795
-4.1%
5+ 117106
-9.4%

Summary: The Ocala housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 9.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
618587-5.0%

Asking Price vs. Sold Price

311 Homes Were Sold
Under Asking

198 Homes Were Sold
At Asking

78 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ocala, you may be able to get a good deal. 53% of homes here sold below asking price last month.

Summary: A total of 587 homes were sold or pending in Ocala in April 2024, down by 5.0% month-over-month. Of the 587 sold homes, 53% were sold under asking, 34% were sold at asking, and 13% were sold over asking.

Days on Market for Ocala, FL

How long does it take to sell a home in Ocala, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
62 Days61 Days-1.1%

Summary: Homes in Ocala had an average of 61 days on market in Apr 2024, down by 1.1% compared to last year.

Breakdown of Home Sale Times

255 Homes Were Sold
Under 30 Days

185 Homes Were Sold
In 30 - 90 Days

147 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ocala are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 587 homes were sold in Ocala; 43% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

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