Is Ocala, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ocala has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112K | $111.7K | -0.2% |
2 Bedrooms | $207K | $211.7K | +2.3% |
3 Bedrooms | $267.8K | $267.2K | -0.2% |
4 Bedrooms | $342.7K | $319.9K | -6.6% |
5+ Bedrooms | $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 | $274.9K | $279.8K | +1.8% |
Silver Springs | $254.9K | $169.9K | -33.4% |
Housing Supply in Ocala, FL
How many homes are available in Ocala, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3,428 | 3,350 | -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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 14 | -22.2% |
2 Bedrooms | 794 | 768 | -3.3% |
3 Bedrooms | 1,670 | 1,667 | -0.2% |
4 Bedrooms | 829 | 795 | -4.1% |
5+ Bedrooms | 117 | 106 | -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 2024 | Apr 2024 | CHANGE |
---|---|---|
618 | 587 | -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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 61 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
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.