Okeechobee, FL Foreclosures
How much do homes sell for in Okeechobee, FL?
The average home price is currently $281,636.
In Okeechobee, FL, how many homes are available?
There are currently 2,156 active home listings available in Okeechobee.
What’s the average rental cost in Okeechobee, FL?
The average rental price in Okeechobee is $1,298.
What is the most expensive home in Okeechobee?
The most expensive home sold in Okeechobee had a price of $23,830,600.
What is currently the cheapest priced home in Okeechobee, FL?
The cheapest home for sale in Okeechobee is priced at $10,011.
Living in Okeechobee, FL
Okeechobee, FL is a charming city known for its lush landscapes and outdoor activities. Nestled next to Lake Okeechobee, it offers a blend of recreational opportunities, a friendly community spirit, and a range of educational options. Ideal for families and nature lovers alike, Okeechobee provides a peaceful lifestyle surrounded by Florida's unique natural beauty.
Current Market Conditions in Okeechobee, FL
The real estate market in Okeechobee has been experiencing a steady increase in demand, particularly for single-family homes and properties with land. With its proximity to Lake Okeechobee and recreational opportunities, many buyers are seeking second homes or retirement options in this area, driving prices upward. In general, the market remains competitive but offers opportunities for buyers to find affordable listings compared to larger metropolitan areas.
Over the last year, Okeechobee has seen a notable rise in property values, with ongoing development projects attracting new residents. The market is characterized by a steady turnover of homes, with many listings receiving multiple offers shortly after being posted. This trend is contributing to an active real estate environment, suggesting a solid investment potential for buyers.
Home Value Estimator For Okeechobee, FL
There are currently 22,485 real estate properties
in Okeechobee, FL,
with a median automated valuation model (AVM) price
of $170,998.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Okeechobee, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Okeechobee, FL,
is $281,636.00, with the most expensive house
in Okeechobee, FL, topping out
at $23,830,600.00 and the cheapest home
in Okeechobee, FL,
clocking in at $10,011.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Okeechobee, FL!
Rent Prices
In Okeechobee, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Okeechobee, FL, is on
a rollercoaster ride. The
average rent price in Okeechobee, FL,
is $1,298.00. Indeed, when looking to rent in
Okeechobee, FL, you can expect to pay as little
as $650.00 or as much
as $4,320.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Okeechobee, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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