Markets/Florida/Okeechobee

Okeechobee, FL Real Estate Market 2026

Investor-grade market analytics for Okeechobee, Florida. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$291,266

+0.5% year-over-year

Est. Rental Yield

7.5%

gross annual

12-Month Forecast

-5.9%

base case (Zillow ZHVF)

-5.9% year-over-year

Market Momentum

๐ŸงŠ
Cold
7.2mo supply ยท Score -4/7

Migration: Top 17% nationally

Income Migration

โžก๏ธ Neutral1.08x

In-migrants avg $53,986 AGI vs out-migrants $49,751

๐Ÿ›๏ธ

Opportunity Zone Market

2 ZIP codes in Okeechobee are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Okeechobee Market Summary

Okeechobee, FL is in a stabilization phase with 0.5% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability is moderately stretched with a price-to-income ratio of 5.57x, above the national average of 4.8x. Modest net positive migration (+272 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 7.52% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score63/100
Price-to-Income Ratio5.6x (national avg 4.8x)
Median Household Income$52,288

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-8.8%
Base Case-5.9%
Bull Case-2.9%

Climate & Natural Hazard Risk

Okeechobee, FL's primary climate exposure is hurricanes (70/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Okeechobee dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.