$3,205 Closing Credit*
$269,888
1,288 SqFt
3 Beds
•2 Full Baths
Thomas Reeves, Listing Office: DECCA REAL ESTATE
Is Ocala, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$284,242
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,370(+2.3%)
Key Takeaway
Homes in Ocala have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Ocala was $284,242 in November 2024, up 2.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $114.2K | $105K | -8.1% |
| 2 Bedrooms | $218.2K | $209.9K | -3.8% |
| 3 Bedrooms | $267.7K | $269.7K | +0.8% |
| 4 Bedrooms | $322.6K | $319.8K | -0.9% |
| 5+ Bedrooms | $403.6K | $373.4K | -7.5% |
Summary: Ocala housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.1%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
| Ocala | $277.8K | $284.2K | +2.3% |
| Silver Springs | $184K | $186K | +1.1% |
Housing Supply in Ocala, FL
How many homes are available in Ocala, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3,230 | 3,268 | +1.2% |
Summary: The Ocala real estate market had 3,268 homes for sale in November 2024, a 1.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 690 | 693 | 0.4% |
| 3 Bedrooms | 1,530 | 1,565 | +2.3% |
| 4 Bedrooms | 893 | 888 | -0.6% |
| 5+ Bedrooms | 108 | 114 | +5.6% |
Summary: The Ocala housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 476 | 451 | -5.3% |
Asking Price vs. Sold Price
256 Homes Were Sold
Under Asking
146 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocala, you may be able to get a good deal. 56.8% of homes here sold below asking price last month.
Summary: A total of 451 homes were sold or pending in Ocala in November 2024, down by 5.3% month-over-month. Of the 451 sold homes, 57% were sold under asking, 32% were sold at asking, and 11% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 65 Days | +35.0% |
Summary: Homes in Ocala had an average of 65 days on market in Nov 2024, up by 35% compared to last year.
Breakdown of Home Sale Times
171 Homes Were Sold
Under 30 Days
156 Homes Were Sold
In 30 - 90 Days
124 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 November 2024, 451 homes were sold in Ocala; 38% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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