Zip 34974 (Okeechobee, FL) Housing

The housing market in 34974 Okeechobee, FL is thriving at the moment. The median value of houses in the area is $243,100, significantly lower than the US median house value of $338,100. However, the one year house appreciation rate for this area is an impressive 17.85%, which is nearly double the national average of 8.27%. With such great rates of house appreciation, Okeechobee can offer potential buyers and investors a great opportunity to purchase property at a relatively low cost and make a profit from future sales.

The median home cost in Okeechobee (zip 34974) is $243,100. Home appreciation the last 10 years has been 231.4%. Home Appreciation in Okeechobee (zip 34974) is up 27.2%.

Average Age of Homes

- The median age of Okeechobee (zip 34974) real estate is 30 years old

The Rental Market in Okeechobee (zip 34974)

- Renters make up 14.3% of the Okeechobee (zip 34974) population
- 0.7% of houses and apartments in Okeechobee (zip 34974), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Okeechobee, Florida	United States
	13,451.0	139,647,020.0
	34	42
	$243,100	$338,100
	27.2%	16.6%
	91.2%	57.0%
	231.4%	101.1%
	$9.48	$10.98
	$1,092	$2,690
	59.4%	57.4%
	24.8%	11.2%
	15.8%	31.4%
Vacant Housing
	0.7%	1.9%
	0.1%	0.4%
	1.4%	0.7%
	0.1%	0.4%
	17.0%	3.6%
	5.5%	4.1%
Value of Owner-Occupied Housing
	8.2%	2.6%
	7.4%	2.4%
	5.4%	2.8%
	11.9%	3.9%
	11.4%	4.5%
	16.0%	11.3%
	14.2%	13.0%
	13.1%	20.1%
	7.0%	13.6%
	2.6%	8.3%
	2.4%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	14.7%	13.6%
	14.7%	13.6%
	23.9%	13.6%
	26.1%	13.2%
	20.8%	14.8%
	23.9%	13.6%
	2.3%	10.0%
	0.3%	4.7%
	0.6%	12.2%

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