The housing market in Okeechobee, FL is thriving. The median value of homes in the area is $231,500, which is significantly lower than the national median value of $338,100. In the past year, the US house appreciation rate was 8.27%, but in Okeechobee it was an astonishing 17.85%. This means that those who are looking to purchase a home in this area have the potential for strong returns on their investment. With such a high rate of appreciation and relatively low median home values, it's no wonder why so many people are choosing to make Okeechobee their home.
The median home cost in Okeechobee is $231,500. Home appreciation the last 10 years has been 231.4%. Home Appreciation in Okeechobee is up 27.2%.
Average Age of Homes
- The median age of Okeechobee real estate is 32 years old
The Rental Market in Okeechobee
- Renters make up 33.8% of the Okeechobee population
- 0.0% of houses and apartments in Okeechobee, 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.