Okeechobee, FL housing market

The median sale price in the Okeechobee, FL metro area was $265K in May 2026, down 7.0% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $307K, easing from $328K across the three months before that. That puts prices 11.6% below the strongest three-month stretch on record here, which ended in Apr 2026 at $347K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $291K for Jun 2026, essentially flat year over year.

Buyers had 144 homes to choose from in May 2026, down 16.3% year over year (Redfin). At the current sales pace that standing inventory works out to 7.2 months of supply; convention treats four to six months as a balanced market, which puts Okeechobee, FL on the buyers' side of it. 32 homes came to market in May 2026, essentially flat year over year, against 20 closings, essentially flat year over year. Homes that sold in May 2026 took a median of 167 days to go under contract, 72 days slower than this market's usual May pace.

Sellers were asking a median of $350K in Jul 2026, up 1.8% year over year (Realtor.com via FRED). Asking prices and closing prices never describe the same homes, so the gap between them reads as seller expectation rather than a discount available to buyers: in May 2026 the list median ran 30.2% above the closing median. Competition is measurable in the closings themselves: 5% settled above asking, and the average sale landed at 95% of its final list price. 24% of listings carried a price cut in May 2026.

This page tracks 17 monthly housing series for the Okeechobee, FL metro area — median sale price, median list price, ZHVI home value, inventory (active), active listings, median days on market, and more — sourced from Realtor.com via FRED, Redfin, Zillow ZHVI, running from Aug 2016 through Jul 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.