Is North Okeechobee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Okeechobee is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, North Okeechobee was a Neutral Market.

Key Takeaway

North Okeechobee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in North Okeechobee, FL cost?

Median Sold Price

$450,000

$180/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

+$91,000(+25.3%)

Key Takeaway

Homes in North Okeechobee have sold for 25.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 $194.9K-
N/A
3 $359K$450K
+25.3%
4 $1.1M-
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Lorida
+245.4%
North Okeechobee
+25.3%

How many homes are available in North Okeechobee, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
3534-2.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 44
0.0%
3 2322
-4.3%
4 66
0.0%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Okeechobee, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
14 Days30 Days+112.9%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Okeechobee has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About North Okeechobee, FL

North Okeechobee, FL has 34 homes on the market. The inventory of homes for sale in North Okeechobee, FL between October 2022 and November 2022 decreased by 2.9%. Listings spent 30 days on the market in November 2022, and had a median list price of $450,000 during the same period. From November 2021 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 25.3%, the cost of 4 bedrooms properties went up by 0%, the cost of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory decreased by 4.3%, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes have not changed. Over 0 listings were sold over their listed price in November 2022 in North Okeechobee, FL. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price.

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