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

$280,332

-0.2% year-over-year

Est. Rental Yield

7.9%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Market Momentum

๐ŸงŠ
Cold
7.6mo 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

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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 experiencing a correction with -0.2% year-over-year decline, signaling a buyer's market with softening demand. Affordability is moderately stretched with a price-to-income ratio of 5.36x, 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 7.92% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score66/100
Price-to-Income Ratio5.4x (national avg 4.8x)
Median Household Income$52,288

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

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.