$4,260 Closing Credit*
$358,750
1,830 SqFt
3 Beds
•2 Full Baths
Crystal McCall, Listing Office: KELLER WILLIAMS CORNERSTONE RE
Is Ocala, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Ocala was a Seller's Market.
Key Takeaway
Ocala is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ocala, FL
How much do homes in Ocala, FL cost?
Median Sold Price
$282,826
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,622(+2.0%)
Key Takeaway
Homes in Ocala have sold for 2% more than they did a year ago.
Summary: The median home sold price in Ocala was $282,826 in October 2024, up 2% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $105K | -8.7% |
| 2 Bedrooms | $215K | $211.1K | -1.8% |
| 3 Bedrooms | $267.5K | $269.2K | +0.6% |
| 4 Bedrooms | $324K | $318.8K | -1.6% |
| 5+ Bedrooms | $403.7K | $370K | -8.4% |
Summary: Ocala housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Silver Springs | $175K | $185K | +5.7% |
| Ocala | $277.2K | $282.8K | +2.0% |
Housing Supply in Ocala, FL
How many homes are available in Ocala, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3,155 | 3,175 | +0.6% |
Summary: The Ocala real estate market had 3,175 homes for sale in October 2024, a 0.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 671 | 686 | +2.2% |
| 3 Bedrooms | 1,520 | 1,512 | -0.5% |
| 4 Bedrooms | 848 | 867 | +2.2% |
| 5+ Bedrooms | 109 | 101 | -7.3% |
Summary: The Ocala housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 7.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 506 | 436 | -13.8% |
Asking Price vs. Sold Price
241 Homes Were Sold
Under Asking
144 Homes Were Sold
At Asking
51 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocala, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.
Summary: A total of 436 homes were sold or pending in Ocala in October 2024, down by 13.8% month-over-month. Of the 436 sold homes, 55% were sold under asking, 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 65 Days | +25.3% |
Summary: Homes in Ocala had an average of 65 days on market in Oct 2024, up by 25.3% compared to last year.
Breakdown of Home Sale Times
171 Homes Were Sold
Under 30 Days
150 Homes Were Sold
In 30 - 90 Days
115 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 October 2024, 436 homes were sold in Ocala; 39% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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