Real Estate Statistics

Ocala is increasingly becoming a real estate hub for prospective homeowners looking for top-end, luxury properties. Charming, scenic and known for its Old Florida appeal, the mid-sized city is surrounded by hundreds of square miles of horse farms and rolling hills. The north-central city is catching the nation’s attention for its many major attractions and events.

Here are some population and real estate statistics about Ocala:

Demographics

  • Population: 57,468
  • Increase in population growth since 2000: 12.3 percent
  • Ranked 2005’s 58th Best Place to Live
  • Ocala’s two hospitals among top 50 in the U.S.
  • Male population: 28,052 (48.8 percent)
  • Female population: 29,416 (51.2 percent)
  • Median resident age: 36.2 years (Florida: 41.5)
  • Never married: 32 percent
  • Now married: 40.8 percent
  • Bachelor’s degree or higher: 23.7 percent
  • Graduate or professional degree: 7.3 percent

Business

  • Marion County has 31,040 businesses with fewer than 10 employees, a positive indicator of robust economy
  • The county has 7,122 businesses with 10-50 employees
  • It has 1,512 with 50 and 250
  • It has 126 with more than 250 employees

Income

  • Marion County’s median family income: $ 47,614
  • Per capita income: $22,432

Top 3 Employers

  • Marion County Public Schools, 5,625 employees
  • Munroe Regional Medical Center, 2,648 employees
  • State of Florida, 2,600 employees

 

Home Values

  • Increase in median home sales since 2015: $11,500
  • Increase in the average price per square foot since 2015: $6 to $72
  • Percentage increase in value of average 4-bedroom home: 15.1 percent
  • Percentage increase in value of all properties: 11.1 percent
  • Median house value: $112,392 (Florida: $153,300)
  • Number of homes available in the $300,000- $399,000 range as of May 2016: 278
  • Dollar volume in home sales for May 2016: $97.7 million, up 11.1 percent from May 2015
  • Average mobile home value: $83,784
  • Average house value: $147,113
  • Average value of detached house: $162,683
  • Average value of townhouse or other attached unit: $99,912

Area Information

  • Mean commute time: 18.4 minutes
  • Unemployed: 7.5 percent

Rental Statistics

  • Median gross rent: $777

Area Attractions

  • Golden Ocala Golf & Equestrian Club
  • Silver Springs Nature Theme Park
  • Wild Waters, Family Theme Park
  • Jumbolair Aviation Community
  • Adena Golf and Country Club
  • Country Club of Ocala

SOURCE: City-Data.com

These are just a few statistics about real estate in Ocala. Contact Kathleen Miller to learn more about the real estate opportunities and finding, selling or renting a home in Ocala and Marion County.