Is Ocala, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$280,040
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
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 $280,040 in June 2024, up 1.8% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $108.5K | $119.9K | +10.5% |
| 2 Bedrooms | $210.4K | $210K | -0.2% |
| 3 Bedrooms | $268.2K | $268.2K | 0% |
| 4 Bedrooms | $331.3K | $319K | -3.7% |
| 5+ Bedrooms | $427.5K | $371.9K | -13.0% |
Summary: Ocala housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 13%.
Median Sold Price Compared To Nearby Cities
| Ocala | $275K | $280K | +1.8% |
| Silver Springs | $207.5K | $167K | -19.5% |
Housing Supply in Ocala, FL
How many homes are available in Ocala, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 3,434 | 3,211 | -6.5% |
Summary: The Ocala real estate market had 3,211 homes for sale in June 2024, a 6.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 14 | +16.7% |
| 2 Bedrooms | 758 | 733 | -3.3% |
| 3 Bedrooms | 1,705 | 1,562 | -8.4% |
| 4 Bedrooms | 831 | 779 | -6.3% |
| 5+ Bedrooms | 128 | 123 | -3.9% |
Summary: The Ocala housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 3.9%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 695 | 539 | -22.4% |
Asking Price vs. Sold Price
326 Homes Were Sold
Under Asking
147 Homes Were Sold
At Asking
66 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocala, you may be able to get a good deal. 60.5% of homes here sold below asking price last month.
Summary: A total of 539 homes were sold or pending in Ocala in June 2024, down by 22.4% month-over-month. Of the 539 sold homes, 60% were sold under asking, 27% were sold at asking, and 12% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 58 Days | 62 Days | +7.0% |
Summary: Homes in Ocala had an average of 62 days on market in Jun 2024, up by 7% compared to last year.
Breakdown of Home Sale Times
218 Homes Were Sold
Under 30 Days
190 Homes Were Sold
In 30 - 90 Days
131 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ocala are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 539 homes were sold in Ocala; 40% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.