Property Market in Ocala, Florida

Understanding Buying Real Estate in Florida

Ocala Florida horse
Ocala Florida national forest and salt springs

Ocala National Forest - Salt Springs

Ocala Florida equine
Monkey at Ocala State Park

Ocala National Forest

Owl in Ocala
Sea Grass in Ocala
Fish in Ocala
Boy swimming in Ocala Florida
  • Population: 56,000
  • Condo: $45,000 – $321,000
  • Family home: $120,000 – $12m
  • Waterfront: n/A
  • Investment Potential rating: ***
  • Nearest International Airport: Ocala International Airport. (Private) Orlando International Airport, 90 miles.

Ocala is a small city, which is famous as ‘horse capital of the world’ being one of the foremost areas in the world for the breeding and training of racehorses. It is an area that experienced massive growth in the late 20th century due to the arrival of Disney World seventy miles away, and the increasing popularity of the area as a retirement destination.

The town has an historic district, and boasts a good symphony orchestra and a civic theater. Ocala has a very distinct two seasons to its year, with a very hot dry season and a cool rainy season. The city is also famous for its Kentucky bluegrass terrain, as well as the largest artesian spring formation in the world, and the second largest national forest in Florida.

Ocala Property Market Summary

If you’re looking for investment property then Ocala is a good choice for long-term investment, rather that short- term holiday rentals, as there isn’t much of a tourist turnover in the city itself. Super-affordable entry points such as $45,000 for a golf course view condo, and $120,000 for a new build – very rentable – three bedroom family home, make this a good choice for those with lower budgets.

At the top end of the market $12 million will get you a spectacular family home, but may not be the most practical investment for international buyers, as the 300 acres which comes along with it may be challenging to manage from abroad. What you do definitely get in Ocala is bang for your buck when it comes to acreage.

Although this may not be a primary motivator for foreign buyers, it’s worth noting that even in the $240,000 range you’re looking at farms, ranches and elegant family homes with at least two or three acres. The market is improving, though it has experienced a slower recovery than other parts of Florida. But in May and June of 2013 sales were over 25 percent higher than 2012 and inventory was 17 percent down.

  1. 3 beds, 2 baths
    Home size: 2,214 sq ft
    Lot size: 16,117 sqft
    Year built: 2000
    Days on market: 2
  2. 3 beds, 2 baths
    Home size: 1,323 sq ft
    Lot size: 10,890 sqft
    Year built: 2018
    Days on market: 3
  3. 2 beds, 2 baths
    Home size: 1,596 sq ft
    Lot size: 8,276 sqft
    Year built: 2005
    Days on market: 3
  4. 3 beds, 1 bath
    Home size: 1,034 sq ft
    Lot size: 18,730 sqft
    Year built: 1997
    Days on market: 3
  5. 3 beds, 3 baths
    Home size: 1,542 sq ft
    Lot size: 2,178 sqft
    Year built: 2006
    Days on market: 3
  6. 5 beds, 3 baths
    Home size: 2,888 sq ft
    Lot size: 22,215 sqft
    Year built: 2009
    Days on market: 5
  7. 2 beds, 2 baths
    Home size: 1,040 sq ft
    Lot size: 11,325 sqft
    Year built: 1987
    Days on market: 6
  8. 3 beds, 2 baths
    Home size: 1,607 sq ft
    Lot size: 33,105 sqft
    Year built: 2004
    Days on market: 7
  9. 4 beds, 2 baths
    Year built: 1984
    Days on market: 9
  10. 3 beds, 2 baths
    Home size: 1,602 sq ft
    Lot size: 10,890 sqft
    Year built: 2005
    Days on market: 10

See all Real estate in the city of Ocala.
(all data current as of 11/14/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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