Let's check in with Ocala Highlands, which is an established neighborhood in southeast Ocala featuring single family homes averaging approximately 1,400 square feet that are situated on lots featuring plenty of mature trees.
Conveniently located near Ocala Municipal Golf Course, as well as near great shopping, dining, and recreational options, this is a great neighborhood to consider for your new home. There are 13 homes on the market here representing 4.5 months of inventory. Even though the inventory level sways slightly towards a seller's market, the sheer number of homes available here is good news for buyers. Comparatively, Ocala as a whole has 6.5 months of inventory and Marion County overall has 7.2 months of inventory, and both of these numbers represent fairly balanced markets. Typically, more than six months of inventory would suggest a buyer's market and less than six months of inventory would suggest a seller's market.
It is worth noting that the market in Ocala Highlands is active and stable, with approximately three homes selling per month with the average price per square foot showing little fluctuation and not straying far from $66.
Many homes here feature large yards and recent updates. The current average list price is $119,077, but homes on the market range from $57,000 to $215,000, indicating that there is a wide range of options for buyers to choose from.
Take a look at Ocala Highlands today, or visit SavvyOcala.com to explore different neighborhoods throughout Marion County.
