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Ocala Estates

Learn about the people, housing, costs and businesses in Ocala Estates, Florida

Median Home$284,900
Median Rent$874/month
Population2,654
Leading IndustriesWholesale Trade · Education · Manufacturing15% wholesale trade
Home Value Growth+7.8% over 2 years
Retirees24% of residentsslightly above average
Homeowners83% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Ocala Estates
FL

Frequently Asked Questions

What are today's mortgage rates in Ocala Estates?

As of today, the 30-year fixed mortgage rate for Ocala Estates is approximately 6.870% (6.905% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ocala Estates?

The median home value in Ocala Estates is $285k. The median monthly rent is $874. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ocala Estates?

Home values in Ocala Estates have increased 7.8% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ocala Estates?

Based on a typical all-in ownership cost of $736/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ocala Estates is $67k/year.

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What industries drive the economy in Ocala Estates?

The largest employment sectors in Ocala Estates are public administration (26%) and wholesale trade (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.