Home Values

Okeechobee Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$83,900

  • -1.3% 1-year change
  • None 1-year forecast

The median home value in Okeechobee is $83,900. Okeechobee home values have declined -1.3% over the past year. The median rent price in Okeechobee is $775, which is the same as the Okeechobee Metro median of $775.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Okeechobee is 13.6%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Okeechobee homeowners underwater on their mortgage is 28.0%.

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Relative ZHVI
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Okeechobee Market Overview

Data through May 31, 2015
  • $83,900 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $97,000 Median sale price (Apr 30, 2015)
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Okeechobee Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 28.0% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 13.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Vero Beach $136,200
Port Saint Lucie $124,700
Lorida $104,900
Name Median ZHVI
Indiantown $90,100
Lake Placid $82,900
Fellsmere $82,300
Name Median ZHVI
Sebring $78,400
Fort Pierce South $67,400
Avon Park $67,200

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $60 Median sale price / sq ft
  • No data Listings with price cut
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Okeechobee Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,225 Okeechobee
    $1,222 Okeechobee Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $775 Rent list price
  • $1.00 Rent list price / sq ft
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