A real estate website has ranked Ocala as the most affordable place to live in the state of Florida.
Redfin, a real estate listing and brokerage company, published its “15 Most Affordable Places to Live in Florida” in September.
The company says that in Ocala, the median home price was $274,900 when measured for the study. The website highlighted some of the many parks and amenities that the city has to offer in its consideration.
“If you’re considering moving to this area make sure to visit one of the parks like Tuscawilla Park or Jervey Gantt Park, explore downtown historic Ocala,” reads the company’s statement.
The company measured the average sale price per square foot at $160, and the average rent for a 1-bedroom apartment at $1,163. According to the study, the median household income in Ocala is $46,841.
To conduct its study, the company considered cities with 50,000 residents or more, according to the most recent U.S. Census. The cities had to have a median home sale price and average sale price per square foot that was under the state average.
The data used in the study was obtained during August 2023, according to the company.
As of August, the company stated that the median home sale price in Florida is $408,200, and the average sale price per square foot is $234.
In addition to Ocala, the only other city from the northern half of the state to make the list was Gainesville, which ranked #2.
For the complete ranking, visit Redfin’s Most Affordable Places to Live in Florida website.