Cheap Homes in Ocala, FL

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Ocala, FL Foreclosures

How much do homes sell for in Ocala, FL?
The average home price is currently $307,714.
In Ocala, FL, how many homes are available?
There are currently 82,461 active home listings available in Ocala.
What’s the average rental cost in Ocala, FL?
The average rental price in Ocala is $1,205.
What is the most expensive home in Ocala, Florida?
The most expensive home sold in Ocala had a price of $30,135,700.
What is currently the cheapest priced home in Ocala, FL?
The cheapest home for sale in Ocala is priced at $14,400.

Home Value Estimator For Ocala, FL

There are currently 82,461 real estate properties in Ocala, FL, with a median automated valuation model (AVM) price of $244,354.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ocala, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ocala, FL, is $307,714.00, with the most expensive house in Ocala, FL, topping out at $30,135,700.00 and the cheapest home in Ocala, FL, clocking in at $14,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Ocala, FL!

Rent Prices In Ocala, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ocala, FL, is on a rollercoaster ride. The average rent price in Ocala, FL, is $1,205.00. Indeed, when looking to rent in Ocala, FL, you can expect to pay as little as $500.00 or as much as $2,980.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Ocala, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Ocala, FL In 2024

Ocala is located in Marion, Florida, with an estimated municipal population of 60,786 residents. All of the best foreclosed homes for sale in Ocala are located in the following zip code areas on 34475 34474 34471 34470 32111 34477 34478 34483. The estimated population per square kilometer (.62 miles) in Ocala is 496.

Cost Of Living In Ocala, FL

So, about how much do homes cost in Ocala? The most recent median value of resident-owned homes in Ocala is 141,807. An estimated 46.1 percent of households in Ocala own their homes, with an average family size of 3.28. The median household income in Ocala is 41,755, with16.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ocala, the median commute time of resident workers (in minutes) is 20.4. And last, but certainly not least, are you looking for homes to rent in Ocala? If so, the average rent price paid by renters in Ocala is 922, according to recent statistics.

Diversity And Demographics In Ocala, Florida

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Ocala, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Ocala is 38.3, split between 49.6 percent male versus 50.4 female. The percentage of residents who report being married in Ocala is 38.6, with an average family size of 3.28.

The percentage of residents who report their race in Ocala is as follows:

White 73.8%
Black / African American 20.3%
Asian 2.2%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.7%
Other 0.8%

Looking for family-friendly neighborhoods in and/or near Ocala? Or maybe you are searching for 55+ active adult communities in and/or near Ocala?

The percentage of residents who report their age in Ocala is as follows:

Under 10 12.4%
Aged 10-19 12.1%
20s 13.8%
30s 13.9%
40s 12.6%
50s 12.2%
60s 10.3%
70s 7.9%
80+ 5.1%

Best Schools In Ocala, Florida

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Ocala with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Ocala.

Pros And Cons Of Living In Ocala, Florida

How do you know that living in -- or moving to -- Ocala is right where you need to be? Perhaps you grew up in Ocala or already live nearby; therefore, the decision to buy a home in Ocala is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Ocala for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Ocala:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Ocala.

Reasons To Move To Ocala, Florida, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Ocala can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Ocala, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Ocala, FL


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