Ocala, FL - North Magnolia, Ocala, FL

Ocala, FL - North Magnolia — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Ocala, FL - North Magnolia, Ocala, Florida. Explore the cited sources and local facts below while agent underwriting continues.

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Ocala, FL - North Magnolia Neighborhood Overview

North Magnolia is a residential neighborhood in Ocala, Florida, offering a blend of affordability and convenience. Centered around ZIP code 34470, it provides a suburban feel within reach of the city's core amenities. The area is characterized by a mix of single-family homes and a notable rental community.

Lifestyle & Amenities

Residents enjoy proximity to essential shopping, dining, and services along nearby major corridors like North Magnolia Avenue. The neighborhood provides a quiet, primarily residential setting ideal for families and individuals. Its location allows for relatively easy access to Ocala's larger parks, healthcare facilities, and retail centers.

Real Estate Market

The North Magnolia real estate market is notably affordable, with a median home value of $152,300 and a price per square foot around $115. Homes sell quickly, averaging just 20 days on the market, indicating strong demand. The market is balanced between homeowners and renters, with a 57% homeownership rate and a median monthly rent of $1,065.

Schools & Education

Families in North Magnolia are served by the Marion County Public School District. The neighborhood is zoned for various public elementary, middle, and high schools in the area. Parents are encouraged to research specific school assignments and ratings through the district for the most current information.

Transportation & Connectivity

North Magnolia is well-connected by major roads, including US Highway 441 (North Magnolia Avenue) and State Road 40, facilitating travel throughout Ocala. The neighborhood is primarily car-dependent, as is typical for the region. Public transportation options are available through SunTran, the local bus service.

Why Choose Ocala, FL - North Magnolia

North Magnolia presents a compelling value proposition for buyers seeking an affordable entry into the Ocala housing market. Its combination of low median home prices, a relatively quick market pace, and a median household income of $47,098 makes it accessible. The area offers a practical, no-frills lifestyle with the convenience of being close to Ocala's urban services.

Ocala, FL - North Magnolia Market Data

MetricValue
Median Home Price$152K
Median Gross Rent$1K/mo
Median Household Income$47K
Homeownership Rate56.9%
Renter-Occupied43.1%
Rental Vacancy Rate8.8%
Market TypeBuyer's
Market TierAffordable
Primary ZIP Code34470

Top Real Estate Agents in Ocala, FL - North Magnolia, Ocala

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