Okeechobee, FL Home Values & Market Trends

Real estate market trends reflect that there have been 933 transactions over the past year in Okeechobee. The median value for residential home transactions that occurred over the previous year is $264,228.08. The number of current listings in Okeechobee is 28, and the percentage of properties for sale in the city is 28.00%. Okeechobee, FL currently has 82 properties in foreclosure, 1 bank owned properties, 5 properties headed for auction, and 28 properties for sale.

Okeechobee, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
34974

$ 274,771

$ 174/sqft

34972

$ 435,391

$ 211/sqft

Housing Market Summary for Okeechobee, FL

Apr 2023March 2024Change
Median Listing Price$225K$260.5K15.78%
Median Sold Price$250K$260.5K4.21%
Homes For Sale30326.67%
Homes Sold607552-9.06%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Okeechobee, FL

Okeechobee home values range from $21,572 to $13,014,932. The median estimated value of a home in Okeechobee is $264,228.08. The median list price of a home is 283,750, and the total count of properties in the city is 15,846.

Foreclosure
There are 2 zips within Okeechobee, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $438,363 in 34972 to the lowest value of $79,310 in 34972. Foreclosure homes account for 0.00% of properties in Okeechobee, FL with 34974 containing 48 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.48% of all residential properties in Okeechobee, FL with 34974 containing 45 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Okeechobee, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $438,363 in 34974 to the lowest home value of $90,510 in 34972.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Okeechobee, FL ranges from the highest value of $79,310 in 34972 to the lowest value of $79,310 in 34972. Bank owned homes and properties account for 0.01% of properties in Okeechobee, FL. There are 2 zips within Okeechobee, FL; 34972 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    34974 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Okeechobee, FL. Auction homes and other auction properties account for 0.03% of all properties in Okeechobee, FL. There are 2 zips within Okeechobee, FL; of those zips, the median estimated home value for homes going to auction ranges from $276,880 in 34974 to the lowest value of $194,659 in 34974.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.18% of residential properties in Okeechobee, FL with 34974 containing 19 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Okeechobee, FL; homes for sale in those zips, have a range of median values from $749,000 in 34974 to the lowest value of $140,057 in 34972.
    Sold Homes
    The median value for recently sold homes ranges from $1,199,000 in 34972 to the lowest price of $28,869 in 34972. There are 2 zips within Okeechobee, FL. 34974 has 381 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.58% of properties in Okeechobee, FL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Okeechobee, FL
      $
      $

      Guide for Okeechobee, FL

      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip
      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip
      Jacksonville, FL: Real Estate Market Trends 2023
      See More Articles
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.