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Featured local agent — Okeechobee, FL
Sarah Mitchell
Compass Real Estate · Okeechobee, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Okeechobee, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$281,000median sale price
How is the Okeechobee, FL housing market right now?
The median home sale price in Okeechobee, FL is $281,000, down 17.3% year-over-year. Homes sell in an average of 229 days with 32 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Okeechobee a buyer's or seller's market?
Okeechobee, FL is currently a buyer's market, based on 10.7 months of supply and homes selling in about 229 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
229
Average pace
Active listings
32
10.7 months supply
Sale-to-list
96.6%
Below asking
What does the Okeechobee housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $281,000 |
| Median list price | $399,000 |
| Year-over-year price change | -17.3% |
| Average days on market | 229 days |
| Active inventory | 32 listings |
| Months of supply | 10.7 months |
| Sale-to-list price ratio | 96.6% |
| Median price per sq ft | $199/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 9 |
| Listings with a price cut | 37.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Okeechobee by property type?
How the Okeechobee, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $281,000 | $199/sq ft | 3 | 229 days |
Source: Redfin · Updated monthly
The Okeechobee housing market is currently classified as a buyer's market with a median sale price of $281,000. Prices have fallen 17.3% compared to last year, with homes spending an average of 229 days on market, indicating 10.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Okeechobee
There are currently 32 homes listed for sale in Okeechobee, Florida. The median listing price is $399K.
Active listings
32
Homes on market
Median list price
$399K
Avg. days on market
229
Days until sale
New this week
9
Newly listed
Who lives in Okeechobee?
Population
5,376
Median income
$50,365/yr
Median age
37.7 years
Owner-occupied
66.4%
College grads
20.5%
Avg commute
18.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Okeechobee?
Zillow home value
$290,056
Zillow rent index
$1,833/mo
Price-to-rent ratio
13.2x
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Okeechobee?
Okeechobee is a community of approximately 5K residents with a median age of 37.7 years.The median household income is $50,365, which represents a working-class community with solid middle-income opportunities. 20.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Okeechobee offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Okeechobee?
14 schools tracked · 6,631 students
The largest public schools serving Okeechobee, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
OKEECHOBEE HIGH SCHOOL
Grades 9-12 · 1,741 students
EVERGLADES ELEMENTARY SCHOOL
Grades PK-5 · 774 students
OSCEOLA MIDDLE SCHOOL
Grades 6-8 · 711 students
YEARLING MIDDLE SCHOOL
Grades 6-8 · 625 students
NORTH ELEMENTARY SCHOOL
Grades PK-5 · 558 students
CENTRAL ELEMENTARY SCHOOL
Grades PK-5 · 548 students
SEMINOLE ELEMENTARY SCHOOL
Grades PK-5 · 541 students
SOUTH ELEMENTARY SCHOOL
Grades PK-5 · 536 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Okeechobee, FL?
Want a head-to-head view? Compare Okeechobee side-by-side with any other U.S. city using our market-comparison tool.
Is Okeechobee a good real estate investment market?
For investors evaluating Okeechobee, the price-to-rent ratio of 13.2x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 17.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Okeechobee's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Okeechobee's median home price.
Frequently asked questions
What is the average home price in Okeechobee?
The median home sale price in Okeechobee is $281,000, down 17.3% from last year.
How long do homes stay on market in Okeechobee?
Homes typically spend 229 days on market before going under contract.
What is the median income in Okeechobee?
The median household income is $50,365 per year.
Is Okeechobee a buyer's or seller's market?
With 10.7 months of supply, Okeechobee is currently a buyer's market.
What is the Zillow home value estimate for Okeechobee?
The Zillow Home Value Index (ZHVI) for Okeechobee is $290,056, representing the typical home value in the area.
How much does a single-family home cost in Okeechobee?
The median single-family home price in Okeechobee, FL is $281,000 (about $199 per square foot).
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