The housing market in Ocala, FL Metro Area is booming. The median value of homes currently sits at $270,500, which is significantly lower than the US median of $338,100. What's even more impressive is that the 1 year house appreciation rate in Ocala far surpasses the US rate, sitting at 21.59% compared to 8.27%. This makes it a great time to buy or sell a home in this area as there are numerous opportunities for profit and growth.
The median home cost in Ocala Metro Area is $270,500. Home appreciation the last 10 years has been 171.7%. Home Appreciation in Ocala Metro Area is up 28.8%.
Average Age of Homes
- The median age of Ocala Metro Area real estate is 27 years old
The Rental Market in Ocala Metro Area
- Renters make up 19.6% of the Ocala Metro Area population
- 1.4% of houses and apartments in Ocala Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.