Okeechobee, FL home prices
Typical home $289,224 · +0.8% in a year · income needed $80,500
The Okeechobee, FL metro area ranks 343 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.8% in a year and +36.6% over five years. With 20% down at 7.11%, the typical home costs about $1,879 a month including 0.74% property tax (Okeechobee County rate).
Mortgage on the typical Okeechobee home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $57,845 | $231,379 | $1,557 | $0 | $322 | $1,879 | $80,500 |
| 10% down | $28,922 | $260,301 | $1,751 | $108 | $322 | $2,182 | $93,500 |
| 5% down | $14,461 | $274,763 | $1,848 | $114 | $322 | $2,285 | $97,900 |
| 3.5% down (FHA) | $10,123 | $283,985 | $1,910 | $128 | $322 | $2,361 | $101,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.74% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Okeechobee area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Okeechobee County, FL | $289,216 | +0.8% | 0.74% |
What can you afford in Florida on your salary? · Florida home prices · Salaries in Florida
Frequently asked questions
How much is a house in Okeechobee?
The typical home in the Okeechobee, FL metro area is worth $289,224 (Zillow, September 2026).
What salary do you need to buy a house in Okeechobee?
About $80,500 a year for the typical home with 20% down at 7.11%.