Market Overview
Home Prices in Okeechobee, FL
The median home value in Okeechobee, FL is $290,056 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.2% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Okeechobee are priced29% below average. Okeechobee is part of the Okeechobee, FL metro area.
Over the past five years, Okeechobee home values have risen by approximately44.5%, reflecting strong long-term appreciation in this market.
Price History
Okeechobee Home Price Trend
City Comparison
Okeechobee vs. National Median
At $290,056, homes in Okeechobee cost 29% below the national median of $410,000. This makes Okeechobee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Okeechobee?
20% Down Payment
$58,011
on $290,056
Monthly P&I
$1,513/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,922/mo
incl. taxes & insurance
Income Needed
$76,880
gross annual (30% rule)
10% Down Option
$29,006
+ PMI applies
Loan Amount (20% dn)
$232,045
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Okeechobee, FL?
The median home value in Okeechobee is $290,056 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.2% year-over-year.
How much have home prices changed in Okeechobee?
Over the past year, home values in Okeechobee have increased by 0.2%. Over five years, prices have risen approximately 44.5%.
How much do I need to earn to buy a home in Okeechobee?
To comfortably afford the median home price of $290,056 with a 20% down payment ($58,011) at today's rates (6.8%), you'd need a gross annual income of approximately $76,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Okeechobee compare to the national average home price?
The national median home value is approximately $410,000. At $290,056, homes in Okeechobee are 29% below the national average.
What metro area is Okeechobee part of?
Okeechobee is part of the Okeechobee, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.