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

Housing Market Conditions



Gauge showing Okeechobee is a buyer's market


Difference Since January 2023

Since last year, Okeechobee has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Okeechobee, FL

How much do homes in Okeechobee, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2023


Key Takeaway

The sold price of homes in Okeechobee has remained the same since last year.

Summary: The median home sold price in Okeechobee was $254,718 in January 2024, down 0.1% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $38K$79.5K
2 $170K$170K
3 $285K$270.9K
4 $264K$300K
5+ $440K$405K

Summary: Okeechobee housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 109.2%, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 8%.

Housing Supply in Okeechobee, FL

How many homes are available in Okeechobee, FL?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Okeechobee real estate market had 287 homes for sale in January 2024, a 12.5% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 2123
2 6076
3 121134
4 4344
5+ 1010

Summary: The Okeechobee housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Okeechobee, you may be able to get a good deal. 80.6% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Okeechobee in January 2024, down by 20.5% month-over-month. Of the 31 sold homes, 81% were sold under asking, 16% were sold at asking, and 3% were sold over asking.

Days on Market for Okeechobee, FL

How long does it take to sell a home in Okeechobee, FL?

Average Sale Time

Jan 2023Jan 2024CHANGE
34 Days83 Days+143.4%

Summary: Homes in Okeechobee had an average of 83 days on market in Jan 2024, up by 143.4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Okeechobee are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 31 homes were sold in Okeechobee; 39% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.

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

Report Updated 23 Days Ago

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