The housing market in 34974 Okeechobee, FL is thriving at the moment. The median value of houses in the area is $243,100, significantly lower than the US median house value of $338,100. However, the one year house appreciation rate for this area is an impressive 17.85%, which is nearly double the national average of 8.27%. With such great rates of house appreciation, Okeechobee can offer potential buyers and investors a great opportunity to purchase property at a relatively low cost and make a profit from future sales.
The median home cost in Okeechobee (zip 34974) is $243,100. Home appreciation the last 10 years has been 231.4%. Home Appreciation in Okeechobee (zip 34974) is up 27.2%.
Average Age of Homes
- The median age of Okeechobee (zip 34974) real estate is 30 years old
The Rental Market in Okeechobee (zip 34974)
- Renters make up 14.3% of the Okeechobee (zip 34974) population
- 0.7% of houses and apartments in Okeechobee (zip 34974), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.