The housing market in Okeechobee, FL (zip code 34972) is doing well compared to the US median value of $338,100. The median housing value in Okeechobee is $203,800 – significantly lower than the national average – yet still appreciated by 17.85% over the past year. This appreciation is nearly double the US 1 year house appreciation rate of 8.27%. These figures indicate that the housing market in Okeechobee is growing at a rapid pace and may be an attractive investment for those looking to purchase a home in this area.
The median home cost in Okeechobee (zip 34972) is $203,800. Home appreciation the last 10 years has been 231.4%. Home Appreciation in Okeechobee (zip 34972) is up 27.2%.
Average Age of Homes
- The median age of Okeechobee (zip 34972) real estate is 32 years old
The Rental Market in Okeechobee (zip 34972)
- Renters make up 27.1% of the Okeechobee (zip 34972) population
- 0.9% of houses and apartments in Okeechobee (zip 34972), 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.