The housing in Okeechobee, FL Metro Area is more affordable than the national average with a median value of $214,900 compared to the US House Median Value of $338,100. Despite the lower cost, the housing market in Okeechobee has seen strong growth in the past year with a 1 year appreciation of 20.33%, compared to the US 1 year House Appreciation rate of 8.27%. This is a testament to the desirability and appeal of living in this area.
The median home cost in Okeechobee Metro Area is $214,900. Home appreciation the last 10 years has been 231.4%. Home Appreciation in Okeechobee Metro Area is up 27.2%.
Average Age of Homes
- The median age of Okeechobee Metro Area real estate is 30 years old
The Rental Market in Okeechobee Metro Area
- Renters make up 20.0% of the Okeechobee Metro Area population
- 0.8% of houses and apartments in Okeechobee Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.