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Sue Albritton
Landmark Mortgage Planners

Average single-family home prices keep rising in Ocala

In the dead of winter of December 2020, the housing market in Ocala was understandably down. But one year later, that housing market roared back to life.

According to the Ocala/Marion County Association of Realtors, the average existing single-family home in Ocala sold for 41.4% more in December of 2021 than it did in December of 2020. The raw numbers of that increase: a jump from $241,853 in December 2020 to $341,855 in December 2021. 

According to various experts in the real estate industry, the best way to truly measure a housing market is by keeping track of the median sales price. That number has also skyrocketed in Marion County in the last year, jumping up by 38.2% in December of 2021 compared to December of 2020.

Other numbers from the past two Decembers paint the picture of a growing real estate market in the area, too. The raw number of sales of single-family homes in Ocala increased by about 1.6% from December 2020 to December 2021, and perhaps most impressively of all, the overall volume of money in single-family house sales exploded in that same time frame. After $155 million in house sales were recorded in December 2020, an increase of 43.6% took place in December 2021, when $222.6 million in sales were recorded.

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