34420 — Marion County, Florida Market Snapshot
Housing market data for zip code 34420 in Marion County, Florida. Updated monthly with median prices, days on market, and more.
Market Sales Data
93 sales in 2026 (year to date)
Median Sale Price
$263,000
Days to Sell
61
Homes Sold
93
Inventory
119
Sale-to-List
97.6%
New Listings
123
Price/SqFt
$163
Pending Sales
100
Conforming Loan Available
Most homebuyers in 34420 can comfortably use conventional financing. The median home price of $263,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 61 days on average, 34420 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 34420 sells for 2.4% below asking price (97.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 34420 can comfortably use conventional financing. The median home price of $263,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 34420 are set at the county level.
2026 Loan Limits — Marion County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 34420
To purchase the median home at $263,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,165.
Monthly Payment
$2,165
Income Required
$92,787
Principal & Interest
$1,621/mo
Down Payment (5%)
$13,150
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 34420.
Estimated Monthly Payment
$1,778
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 34420. Tell us what you're looking for.