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.