The housing market in Ocala, FL is quite strong. The median value of a home in the area is $278,500, which is significantly lower than the US median value of $338,100. Furthermore, there has been an impressive 24.24% house appreciation rate over the past year compared to an 8.27% national average. This indicates that now is a great time to invest in a home in Ocala and that it may be possible to see significant returns on one's investment in the near future.
The median home cost in Ocala is $278,500. Home appreciation the last 10 years has been 175.5%. Home Appreciation in Ocala is up 29.3%.
Average Age of Homes
- The median age of Ocala real estate is 34 years old
The Rental Market in Ocala
- Renters make up 38.7% of the Ocala population
- 2.5% of houses and apartments in Ocala, 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.