Metropolitan market · Florida · September 2026 data

What is the Okeechobee, FL real estate market doing?

As of September 2026, the median home listed in Okeechobee, FL asks $350,246, up 0.4% year over year. Homes spend a median of 86 days on market, with 179 active listings and 11% carrying a price cut; pending contracts equal 28% of active listings, and inventory sits at 130% of the same month in 2019 — a buyer's market. Figures come from public records and industry data, updated monthly.

Median listing price
$350,246
▲ 0.4% YoY
Median $ / sq ft
$224
1,625 sq ft median
Median days on market
86
September 2026
Active listings
179
For sale now
New listings
48
September 2026
Listings with price cuts
11%
Share of active
Inventory vs 2019
130%
Same month, 2019 = 100
Pending / active
28%
Contract activity
Median sale price (closed)
$375,000
▲ 37.9% YoY · closed sales · July 2026
Sale-to-list ratio
97.0%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
25
Closed sales · July 2026, seasonally adjusted

What is the Okeechobee, FL housing market doing right now?

The Okeechobee, FL housing market lists at a $350,246 median as of September 2026, up 0.4% year over year, with an 86-day median market time and 179 homes for sale (11% with a price cut). Active inventory is 130% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule.

Okeechobee housing market statistics

The table summarizes Okeechobee's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Okeechobee.

Okeechobee, FL housing market at a glance — September 2026
MetricLatestDetail
Median listing price$350,246+0.4% YoY
Median price per sq ft$2241,625 sq ft median
Median days on market86-13% YoY
Active listings179+4% YoY
New listings this month48September 2026
Listings with a price cut11%Share of active
Median sale price (closed)$375,000+37.9% YoY · closed sales, July 2026
Sale-to-list ratio97.0%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio28.0%50 pending
Inventory vs 2019130%Active listings vs same month in 2019

How have home prices changed in Okeechobee?

Okeechobee home prices are up 0.4% year over year and -0.6% month over month as of September 2026, at a $350,246 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$350K$347K$345K$342K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Okeechobee FL · trailing 8 quarters · source: public records and industry data.

The 10-year view
$369K$312K$254K$197K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Okeechobee FL · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Okeechobee?

Okeechobee has 179 active listings, 48 new this month, 50 pending as of September 2026. About 11% of active listings have cut their price, and inventory sits at 130% of its 2019 level — a buyer's market by pace.

Active listings
179
New this month
48
Pending
50
Price-reduced
20

Is Okeechobee a good real estate investment?

Okeechobee scores 34/100 on WealthyBud's composite Investor Score, ranking #764 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
34/100
#764 of 933 covered metros
12-month outlook
-1.1%
Flat · model output, not advice
Momentum
70
Value
18
Rental yield
28
Supply risk
81
Market heat
24

Okeechobee scores 34/100 on our composite Investor Score (#764 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 130% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 0.4% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Okeechobee ranks on the trending markets index.

How much is a monthly mortgage payment in Okeechobee?

A home at Okeechobee's $350,246 median listing runs about $1,917 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,731/mo
−$186/mo vs today
At today's rate · 7.28%
$1,917/mo
National weekly average
If rates rise 1% · 8.28%
$2,111/mo
+$194/mo vs today

Principal & interest on the $350,246 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Okeechobee?

To buy Okeechobee’s $350,246 median listing with 20% down, a household needs about $92,000 a year in gross income, keeping principal, interest and property tax ($2,136/mo) at 28% of income. That is 1.8× the area’s $52,288 median household income, so a typical Okeechobee household cannot afford the median listing on these terms.

Income needed to buy the median home in Okeechobee, FL — September 2026
ItemAmountBasis
Median listing price$350,246September 2026
Down payment (20%)$70,049Assumption
Principal & interest (7.28%, 30-yr fixed)$1,917/moRate as of 2026-10-01
Property tax (0.75% effective rate)$219/moCensus ACS
Income needed (28% rule)$92,000Gross household income / yr
Median household income$52,288Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Okeechobee housing market?

Longer-run demand in Okeechobee shows up in 88 homes permitted in 2025; net migration of +441 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
88
▲ 388.9% vs 2024
2.2 per 1,000 residents
Net migration (2022–2023)
+441
▲ people, via tax-return records
net income flow +$16.7M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Okeechobee housing market FAQ

What is the median home price in Okeechobee?
As of September 2026, the median listing price in Okeechobee, FL is $350,246, up 0.4% year over year (source: public records and industry data). Figures cover the Okeechobee, FL metro area.
How much does it cost to buy a home in Okeechobee?
The median home listed in Okeechobee asks $350,246 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,917 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Okeechobee?
The median property in Okeechobee spends 86 days on the market, with 179 homes actively listed and 11% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Okeechobee?
With a median 86 days on market and 11% of active listings carrying a price cut, pending contracts at 28% of active listings, Okeechobee reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Okeechobee a good place to invest in real estate?
Okeechobee scores 34/100 on WealthyBud's Investor Score, ranking #764 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Okeechobee?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Okeechobee and the wider Florida market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Okeechobee, FL metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

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Andre Fontaine Mortgage Market Analyst

Andre Fontaine is a mortgage market analyst who covers rate trends, loan products and lending standards using public Federal Reserve and HMDA data. He focuses on how financing conditions affect buyer affordability across income levels.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.