Okeechobee Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Okeechobee averaged
7.1%
for the week of 2022-11-23, compared to the national average of
6.58% for the same period.
The average rate for the prior week (2022-11-17) was
7.03% and
one month ago for the week of 2022-10-20, the
average rate was 7.46%.
Okeechobee's average rate one year ago was 3.63%.
For refis of the same type during the week of 2022-11-23, the average rate
was 7.02%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-11-23 | 6.58% |
| Okeechobee 30 Year Fixed Rate | 2022-11-23 | 7.1% |
| Okeechobee 30 Year Fixed Rate Refi | 2022-11-23 | 7.02% |
| Okeechobee 15 Year Fixed Rate | 2022-11-23 | 6.2% |
| Okeechobee 15 Year Fixed Rate Refi | 2022-11-23 | 6.51% |
| Okeechobee 30 Year FHA | 2022-11-23 | 0.53% |
| Okeechobee 30 Year FHA Refi | 2022-11-23 | -0.28% |
| Okeechobee 30 Year USDA | 2022-11-23 | -0.01% |
| Okeechobee 30 Year USDA Refi | 2022-11-23 | -0.23% |
| Okeechobee 30 Year VA | 2022-11-23 | 0.32% |
| Okeechobee 30 Year VA Refi | 2022-11-23 | 0.02% |
Okeechobee Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Okeechobee, FL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Okeechobee Average Closing Costs & Other Stats
Okeechobee, FL's 95 lenders originated 1,012
loans during 2021. The total origination value was $188,990,000, with an average loan value of
$186,749.
Okeechobee's average closing costs are $5,590.
The top Okeechobee lender as defined by loan originations is LOANDEPOT.COM, LLC, with
55 loans originated. Their average total fees are
$5,328, which is $193
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Okeechobee lenders (with over 10 loans originated) are
MIDFLORIDA ($3,543), Seacoast National Bank ($4,415), South State Bank ($4,748), CALIBER HOME LOANS, INC. ($4,973) and QUICKEN LOANS, LLC ($5,135).
The lowest rate Okeechobee lenders (with over 10 loans originated) are
Seacoast National Bank (3.06%), UNITED WHOLESALE MORTGAGE, LLC (3.09%), MIDFLORIDA (3.12%), QUICKEN LOANS, LLC (3.19%) and LOANDEPOT.COM, LLC (3.35%).
Okeechobee, FL Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| LOANDEPOT.COM, LLC | $10,490,000 | $21,220,000 | 102.3% | 11.2% |
| QUICKEN LOANS, LLC | $13,110,000 | $16,470,000 | 25.6% | 8.7% |
| South State Bank | $14,170,000 | $14,170,000 | 0.0% | 7.5% |
| MIDFLORIDA | $4,280,000 | $7,510,000 | 75.5% | 4.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,825,000 | $7,115,000 | 86.0% | 3.8% |
| CALIBER HOME LOANS, INC. | $1,755,000 | $5,210,000 | 196.9% | 2.8% |
| 21ST MORTGAGE CORPORATION | $3,430,000 | $4,895,000 | 42.7% | 2.6% |
| FREEDOM MORTGAGE CORPORATION | $5,165,000 | $4,770,000 | -7.6% | 2.5% |
| Seacoast National Bank | $4,270,000 | $4,575,000 | 7.1% | 2.4% |
| HOME POINT FINANCIAL CORPORATION | $3,275,000 | $3,855,000 | 17.7% | 2.0% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $305,000 | $3,450,000 | 1,031.1% | 1.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,135,000 | $3,435,000 | 202.6% | 1.8% |
| METROPLEX MORTGAGE SERVICES, INC. | $3,385,000 | $3,175,000 | -6.2% | 1.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,475,000 | $2,930,000 | 98.6% | 1.6% |
| Mortgage Research Center, LLC | $2,170,000 | $2,130,000 | -1.8% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $795,000 | $2,125,000 | 167.3% | 1.1% |
| PNC Bank | $1,930,000 | $2,105,000 | 9.1% | 1.1% |
| Valley National Bank | $2,045,000 | n/a | 1.1% | |
| Flagstar Bank, FSB | $1,100,000 | $1,940,000 | 76.4% | 1.0% |
| GENEVA FINANCIAL, LLC | $485,000 | $1,870,000 | 285.6% | 1.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $330,000 | $1,765,000 | 434.8% | 0.9% |
| Carrington Mortgage Services, LLC | $1,945,000 | $1,740,000 | -10.5% | 0.9% |
| BROKER SOLUTIONS, INC. | $185,000 | $1,710,000 | 824.3% | 0.9% |
| AMERICAN FINANCIAL RESOURCES, INC. | $690,000 | $1,705,000 | 147.1% | 0.9% |
| Marine Bank & Trust Company | $1,705,000 | n/a | 0.9% | |
| Wells Fargo Bank | $190,000 | $1,695,000 | 792.1% | 0.9% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $735,000 | $1,585,000 | 115.6% | 0.8% |
| NEW DAY FINANCIAL, LLC | $385,000 | $1,575,000 | 309.1% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $405,000 | $1,570,000 | 287.7% | 0.8% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $125,000 | $1,480,000 | 1,084.0% | 0.8% |
| Bank of America | $1,345,000 | $1,455,000 | 8.2% | 0.8% |
| The Northern Trust Company | $1,355,000 | n/a | 0.7% | |
| ACADEMY MORTGAGE CORPORATION | $895,000 | $1,270,000 | 41.9% | 0.7% |
| NEWREZ LLC | $555,000 | $1,245,000 | 124.3% | 0.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $500,000 | $1,230,000 | 146.0% | 0.7% |
| PLANET HOME LENDING, LLC | $795,000 | $1,195,000 | 50.3% | 0.6% |
| First Guaranty Mortgage Corporation | $1,645,000 | $1,175,000 | -28.6% | 0.6% |
| Truist Bank | $1,785,000 | $1,100,000 | -38.4% | 0.6% |
| AMERICAN FINANCIAL NETWORK, INC. | $430,000 | $1,080,000 | 151.2% | 0.6% |
| U.S. Bank | $240,000 | $1,080,000 | 350.0% | 0.6% |
| NTFN, INC. | $1,495,000 | $1,075,000 | -28.1% | 0.6% |
| Paramount Residential Mortgage Group, Inc. | $1,105,000 | $1,045,000 | -5.4% | 0.6% |
| EVERETT FINANCIAL, INC. | $965,000 | n/a | 0.5% | |
| THE MORTGAGE FIRM, INC. | $785,000 | $935,000 | 19.1% | 0.5% |
| MOVEMENT MORTGAGE, LLC | $310,000 | $930,000 | 200.0% | 0.5% |
| AmRes Corporation | $370,000 | $885,000 | 139.2% | 0.5% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $655,000 | $860,000 | 31.3% | 0.5% |
| EMBRACE HOME LOANS, INC. | $490,000 | $850,000 | 73.5% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $360,000 | $840,000 | 133.3% | 0.4% |
| TOWNE MORTGAGE COMPANY | $435,000 | $800,000 | 83.9% | 0.4% |
| JPMorgan Chase Bank | $275,000 | $775,000 | 181.8% | 0.4% |
| TD Bank | $155,000 | $720,000 | 364.5% | 0.4% |
| Regions Bank | $400,000 | $715,000 | 78.8% | 0.4% |
| Security National Bank of South Dakota | $705,000 | n/a | 0.4% | |
| SPACE COAST Credit Union | $695,000 | n/a | 0.4% | |
| Citizens Bank and Trust | $675,000 | n/a | 0.4% | |
| 1st Source Bank | $665,000 | n/a | 0.4% | |
| EMM LOANS LLC | $430,000 | $655,000 | 52.3% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $320,000 | $655,000 | 104.7% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $685,000 | $650,000 | -5.1% | 0.3% |
| GUARANTEED RATE, INC. | $185,000 | $645,000 | 248.6% | 0.3% |
| Citizens Bank | $1,120,000 | $640,000 | -42.9% | 0.3% |
| STEARNS LENDING, LLC | $630,000 | n/a | 0.3% | |
| EQUITY RESOURCES, INC. | $225,000 | $625,000 | 177.8% | 0.3% |
| HAMILTON HOME LOANS, INC. | $135,000 | $605,000 | 348.1% | 0.3% |
| Nations Lending Corporation | $395,000 | $605,000 | 53.2% | 0.3% |
| AgFirst Farm Credit Bank | $420,000 | $600,000 | 42.9% | 0.3% |
| SWBC MORTGAGE CORPORATION | $585,000 | n/a | 0.3% | |
| FIDELITY FUNDING MORTGAGE CORP. | $205,000 | $575,000 | 180.5% | 0.3% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $215,000 | $550,000 | 155.8% | 0.3% |
| Bank of England | $545,000 | n/a | 0.3% | |
| MORTGAGE 1 INCORPORATED | $535,000 | n/a | 0.3% | |
| A&D Mortgage LLC | $525,000 | n/a | 0.3% | |
| HOMESIDE FINANCIAL, LLC | $525,000 | n/a | 0.3% | |
| LENDINGHOME FUNDING CORPORATION | $105,000 | $505,000 | 381.0% | 0.3% |
| CELEBRITY HOME LOANS, LLC | $355,000 | $485,000 | 36.6% | 0.3% |
| GUARANTEED RATE AFFINITY, LLC | $185,000 | $485,000 | 162.2% | 0.3% |
| Equity Prime Mortgage LLC | $315,000 | $480,000 | 52.4% | 0.3% |
| North American Savings Bank, F.S.B. | $475,000 | n/a | 0.3% | |
| Suncoast Credit Union | $470,000 | n/a | 0.2% | |
| ARC HOME LLC | $175,000 | $450,000 | 157.1% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $450,000 | n/a | 0.2% | |
| TRIAD FINANCIAL SERVICES, INC. | $85,000 | $435,000 | 411.8% | 0.2% |
| 1ST SIGNATURE LENDING, LLC | $430,000 | n/a | 0.2% | |
| AMCAP MORTGAGE, LTD. | $430,000 | n/a | 0.2% | |
| Prosperity Home Mortgage, LLC | $135,000 | $430,000 | 218.5% | 0.2% |
| First Federal Bank | $295,000 | $420,000 | 42.4% | 0.2% |
| Third Federal Savings and Loan Association of Cleveland | $405,000 | n/a | 0.2% | |
| BETTER MORTGAGE CORPORATION | $445,000 | $390,000 | -12.4% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $390,000 | n/a | 0.2% | |
| ACOPIA, LLC | $590,000 | $355,000 | -39.8% | 0.2% |
| RUOFF MORTGAGE COMPANY, INC. | $340,000 | n/a | 0.2% | |
| HighTechLending Inc | $315,000 | $335,000 | 6.3% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $295,000 | $330,000 | 11.9% | 0.2% |
| LENDUS, LLC | $315,000 | n/a | 0.2% | |
| COUNTRYPLACE MORTGAGE, LTD. | $630,000 | $310,000 | -50.8% | 0.2% |
| Mortgage Lenders Investment Trading Corporation | $310,000 | n/a | 0.2% | |
| AMERICAN ADVISORS GROUP | $95,000 | $300,000 | 215.8% | 0.2% |
| AMERIFIRST FINANCIAL CORPORATION | $295,000 | n/a | 0.2% | |
| Hometown Equity Mortgage, LLC | $285,000 | n/a | 0.2% | |
| InterContinental Capital Group, Inc | $205,000 | $285,000 | 39.0% | 0.2% |
| REVERSE MORTGAGE FUNDING LLC | $285,000 | n/a | 0.2% | |
| SPRING EQ, LLC | $285,000 | n/a | 0.2% | |
| AMWEST FUNDING CORP. | $275,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $275,000 | n/a | 0.1% | |
| Ally Bank | $270,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $135,000 | $270,000 | 100.0% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $265,000 | n/a | 0.1% | |
| LOANPAL, LLC | $115,000 | $260,000 | 126.1% | 0.1% |
| FAMILY FIRST FUNDING LLC | $255,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $255,000 | n/a | 0.1% | |
| Wauchula State Bank | $730,000 | $255,000 | -65.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $435,000 | $245,000 | -43.7% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $225,000 | $245,000 | 8.9% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $235,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $235,000 | n/a | 0.1% | |
| SOUTHWEST STAGE FUNDING, LLC | $85,000 | $235,000 | 176.5% | 0.1% |
| USAA Federal Savings Bank | $1,450,000 | $235,000 | -83.8% | 0.1% |
| CASTLE & COOKE MORTGAGE, LLC | $565,000 | $225,000 | -60.2% | 0.1% |
| Chicago Mortgage Solutions LLC | $225,000 | n/a | 0.1% | |
| CIS Financial Services, Inc. | $225,000 | n/a | 0.1% | |
| Ixonia Bank | $225,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $225,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $115,000 | $210,000 | 82.6% | 0.1% |
| Visio Financial Services Inc. | $205,000 | n/a | 0.1% | |
| Gulf Coast Bank and Trust Company | $195,000 | n/a | 0.1% | |
| OCMBC, INC. | $195,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $185,000 | n/a | 0.1% | |
| GROUP ONE MORTGAGE, INC. | $225,000 | $185,000 | -17.8% | 0.1% |
| AmeriHome Mortgage Company, LLC | $285,000 | $175,000 | -38.6% | 0.1% |
| BAY EQUITY LLC | $145,000 | $175,000 | 20.7% | 0.1% |
| CLEARPATH LENDING | $235,000 | $175,000 | -25.5% | 0.1% |
| Lakeview Community Capital, LLC | $175,000 | n/a | 0.1% | |
| PANORAMA MORTGAGE GROUP, LLC | $175,000 | n/a | 0.1% | |
| GSF Mortgage Corporation | $305,000 | $165,000 | -45.9% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $165,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $165,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $265,000 | $165,000 | -37.7% | 0.1% |
| ALL REVERSE MORTGAGE, INC. | $155,000 | n/a | 0.1% | |
| Atlantic Home Loans, Inc. | $155,000 | n/a | 0.1% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $145,000 | $155,000 | 6.9% | 0.1% |
| OCEANSIDE MORTGAGE COMPANY | $105,000 | $155,000 | 47.6% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $155,000 | n/a | 0.1% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $155,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $380,000 | $135,000 | -64.5% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $380,000 | $135,000 | -64.5% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $125,000 | n/a | 0.1% | |
| MORIA DEVELOPMENT, INC. | $125,000 | n/a | 0.1% | |
| PARKSIDE LENDING, LLC | $125,000 | n/a | 0.1% | |
| First Community Bank | $115,000 | n/a | 0.1% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $115,000 | n/a | 0.1% | |
| ADVANCIAL | $95,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $95,000 | n/a | 0.1% | |
| NORWICH COMMERCIAL GROUP, INC. | $75,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $65,000 | n/a | 0.0% | |
| BayCoast Bank | $55,000 | n/a | 0.0% |
Okeechobee's top lender by overall market share is LOANDEPOT.COM, LLC, with 11.2% market share. In second place, with 8.7%, is QUICKEN LOANS, LLC, having originated $16,470,000 in loans. In third place, with 7.5%, is South State Bank, having originated $14,170,000 in loans. In fourth place, with 4.0%, is MIDFLORIDA, having originated $7,510,000 in loans. In fifth place, with 3.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $7,115,000 in loans.
Okeechobee Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Okeechobee (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $143,425 (-3.8%) | $217,367 (6.7%) | 0.00 | 150 |
| 2018-02-01 | $137,200 (-0.2%) | $204,748 (5.6%) | 0.00 | 153 |
| 2018-03-01 | $133,950 (3.0%) | $197,075 (3.3%) | 0.00 | 139 |
| 2018-04-01 | $123,675 (-15.9%) | $193,826 (-2.5%) | 0.00 | 140 |
| 2018-05-01 | $121,175 (-15.7%) | $210,650 (6.1%) | 0.00 | 152 |
| 2018-06-01 | $140,950 (-4.1%) | $241,987 (20.7%) | 0.00 | 151 |
| 2018-07-01 | $152,225 (2.2%) | $247,937 (28.4%) | 0.00 | 154 |
| 2018-08-01 | $142,000 (-4.8%) | $222,153 (12.8%) | 0.00 | 159 |
| 2018-09-01 | $159,000 (6.0%) | $218,319 (2.6%) | 0.00 | 167 |
| 2018-10-01 | $158,925 (-0.1%) | $214,344 (-3.8%) | 0.00 | 168 |
| 2018-11-01 | $165,000 (14.6%) | $215,938 (-1.3%) | 0.00 | 181 |
| 2018-12-01 | $169,500 (18.2%) | $228,288 (6.0%) | 0.00 | 181 |
| 2019-01-01 | $175,625 (22.5%) | $231,286 (6.4%) | 0.00 | 189 |
| 2019-02-01 | $184,225 (34.3%) | $228,343 (11.5%) | 0.00 | 184 |
| 2019-03-01 | $173,429 (29.5%) | $231,894 (17.7%) | 0.00 | 196 |
| 2019-04-01 | $179,000 (44.7%) | $250,635 (29.3%) | 0.00 | 196 |
| 2019-05-01 | $218,500 (80.3%) | $301,825 (43.3%) | 0.00 | 147 |
| 2019-06-01 | $204,000 (44.7%) | $274,257 (13.3%) | 0.00 | 158 |
| 2019-07-01 | $199,900 (31.3%) | $251,101 (1.3%) | 0.00 | 156 |
| 2019-08-01 | $199,777 (40.7%) | $246,555 (11.0%) | 0.00 | 155 |
| 2019-09-01 | $199,593 (25.5%) | $245,136 (12.3%) | 0.00 | 160 |
| 2019-10-01 | $199,225 (25.4%) | $244,190 (13.9%) | 0.00 | 163 |
| 2019-11-01 | $214,500 (30.0%) | $251,434 (16.4%) | 0.00 | 174 |
| 2019-12-01 | $216,000 (27.4%) | $263,185 (15.3%) | 0.00 | 173 |
| 2020-01-01 | $218,725 (24.5%) | $270,959 (17.2%) | 0.00 | 169 |
| 2020-02-01 | $225,000 (22.1%) | $263,936 (15.6%) | 0.00 | 165 |
| 2020-03-01 | $224,000 (29.2%) | $263,055 (13.4%) | 0.00 | 150 |
| 2020-04-01 | $221,000 (23.5%) | $249,387 (-0.5%) | 0.00 | 154 |
| 2020-05-01 | $225,000 (3.0%) | $437,990 (45.1%) | 0.00 | 135 |
| 2020-06-01 | $221,500 (8.6%) | $449,267 (63.8%) | 0.00 | 125 |
| 2020-07-01 | $224,000 (12.1%) | $479,089 (90.8%) | 0.00 | 114 |
| 2020-08-01 | $208,000 (4.1%) | $494,757 (100.7%) | 0.00 | 102 |
| 2020-09-01 | $202,000 (1.2%) | $516,477 (110.7%) | 0.00 | 99 |
| 2020-10-01 | $215,000 (7.9%) | $532,366 (118.0%) | 0.00 | 98 |
| 2020-11-01 | $216,000 (0.7%) | $523,995 (108.4%) | 0.00 | 105 |
| 2020-12-01 | $226,975 (5.1%) | $527,679 (100.5%) | 0.00 | 110 |
| 2021-01-01 | $220,000 (0.6%) | $561,540 (107.2%) | 0.00 | 98 |
| 2021-02-01 | $229,225 (1.9%) | $577,657 (118.9%) | 0.00 | 95 |
| 2021-03-01 | $246,225 (9.9%) | $345,091 (31.2%) | 0.00 | 87 |
| 2021-04-01 | $244,475 (10.6%) | $341,269 (36.8%) | 0.00 | 67 |
| 2021-05-01 | $227,450 (1.1%) | $342,746 (-21.8%) | 0.00 | 71 |
| 2021-06-01 | $225,400 (1.8%) | $541,305 (20.5%) | 0.00 | 74 |
| 2021-07-01 | $239,000 (6.7%) | $538,335 (12.4%) | 0.00 | 76 |
| 2021-08-01 | $271,500 (30.5%) | $545,369 (10.2%) | 0.00 | 85 |
| 2021-09-01 | $275,000 (36.1%) | $541,725 (4.9%) | 0.00 | 98 |
| 2021-10-01 | $310,000 (44.2%) | $586,814 (10.2%) | 0.00 | 83 |
| 2021-11-01 | $339,748 (57.3%) | $646,078 (23.3%) | 0.00 | 73 |
| 2021-12-01 | $350,000 (54.2%) | $632,769 (19.9%) | 0.00 | 77 |
| 2022-01-01 | $349,000 (58.6%) | $699,569 (24.6%) | 0.00 | 69 |
| 2022-02-01 | $349,250 (52.4%) | $731,162 (26.6%) | 0.00 | 59 |
| 2022-03-01 | $356,995 (45.0%) | $804,140 (133.0%) | 0.00 | 50 |
| 2022-04-01 | $354,485 (45.0%) | $777,977 (128.0%) | 0.00 | 48 |
| 2022-05-01 | $369,000 (62.2%) | $717,195 (109.3%) | 0.00 | 61 |
| 2022-06-01 | $338,625 (50.2%) | $640,111 (18.3%) | 0.00 | 75 |
| 2022-07-01 | $339,000 (41.8%) | $589,886 (9.6%) | 0.00 | 102 |
| 2022-08-01 | $353,450 (30.2%) | $568,504 (4.2%) | 0.00 | 108 |
| 2022-09-01 | $344,500 (25.3%) | $557,770 (3.0%) | 0.00 | 116 |
| 2022-10-01 | $350,000 (12.9%) | $585,037 (-0.3%) | 0.00 | 123 |
Okeechobee's median listing price comes in at 0% of the national average.
Okeechobee's average listing price for 2022-10-01 was $585,037, a difference of $-1,777 (-0.3%) versus the prior year and $27,267 versus the prior month.
For the 2022-10-01 period, Okeechobee had 123 MLS listings, a difference of 7 listings (6%) versus the prior month and 40 listings (48%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Okeechobee (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,287 sqft |
| 2018-02-01 | 0 days | 1,215 sqft |
| 2018-03-01 | 0 days | 1,200 sqft |
| 2018-04-01 | 0 days | 1,199 sqft |
| 2018-05-01 | 0 days | 1,244 sqft |
| 2018-06-01 | 0 days | 1,356 sqft |
| 2018-07-01 | 0 days | 1,502 sqft |
| 2018-08-01 | 0 days | 1,471 sqft |
| 2018-09-01 | 0 days | 1,505 sqft |
| 2018-10-01 | 0 days | 1,503 sqft |
| 2018-11-01 | 0 days | 1,511 sqft |
| 2018-12-01 | 0 days | 1,530 sqft |
| 2019-01-01 | 0 days | 1,522 sqft |
| 2019-02-01 | 0 days | 1,481 sqft |
| 2019-03-01 | 0 days | 1,493 sqft |
| 2019-04-01 | 0 days | 1,530 sqft |
| 2019-05-01 | 0 days | 1,708 sqft |
| 2019-06-01 | 0 days | 1,678 sqft |
| 2019-07-01 | 0 days | 1,632 sqft |
| 2019-08-01 | 0 days | 1,628 sqft |
| 2019-09-01 | 0 days | 1,649 sqft |
| 2019-10-01 | 0 days | 1,664 sqft |
| 2019-11-01 | 0 days | 1,648 sqft |
| 2019-12-01 | 0 days | 1,648 sqft |
| 2020-01-01 | 0 days | 1,664 sqft |
| 2020-02-01 | 0 days | 1,666 sqft |
| 2020-03-01 | 0 days | 1,666 sqft |
| 2020-04-01 | 0 days | 1,611 sqft |
| 2020-05-01 | 0 days | 1,575 sqft |
| 2020-06-01 | 0 days | 1,555 sqft |
| 2020-07-01 | 0 days | 1,511 sqft |
| 2020-08-01 | 0 days | 1,485 sqft |
| 2020-09-01 | 0 days | 1,485 sqft |
| 2020-10-01 | 0 days | 1,582 sqft |
| 2020-11-01 | 0 days | 1,609 sqft |
| 2020-12-01 | 0 days | 1,693 sqft |
| 2021-01-01 | 0 days | 1,650 sqft |
| 2021-02-01 | 0 days | 1,773 sqft |
| 2021-03-01 | 0 days | 1,791 sqft |
| 2021-04-01 | 0 days | 1,731 sqft |
| 2021-05-01 | 0 days | 1,535 sqft |
| 2021-06-01 | 0 days | 1,511 sqft |
| 2021-07-01 | 0 days | 1,548 sqft |
| 2021-08-01 | 0 days | 1,666 sqft |
| 2021-09-01 | 0 days | 1,695 sqft |
| 2021-10-01 | 0 days | 1,702 sqft |
| 2021-11-01 | 0 days | 1,819 sqft |
| 2021-12-01 | 0 days | 1,792 sqft |
| 2022-01-01 | 0 days | 1,741 sqft |
| 2022-02-01 | 0 days | 1,776 sqft |
| 2022-03-01 | 0 days | 1,727 sqft |
| 2022-04-01 | 0 days | 1,718 sqft |
| 2022-05-01 | 0 days | 1,649 sqft |
| 2022-06-01 | 0 days | 1,602 sqft |
| 2022-07-01 | 0 days | 1,562 sqft |
| 2022-08-01 | 0 days | 1,665 sqft |
| 2022-09-01 | 0 days | 1,661 sqft |
| 2022-10-01 | 0 days | 1,566 sqft |
Okeechobee's median square footage for active listings during the 2022-10-01 period was 1,566 sqft. One year prior, the average listing was 1,702 sqft.
Okeechobee, FL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 556 | $116,950,000 | $210,342 |
| Refi | 218 | $36,980,000 | $169,633 |
| Cash Out Refi | 177 | $30,485,000 | $172,232 |
| Home Improvement | 33 | $2,415,000 | $73,182 |
| Other | 28 | $2,160,000 | $77,143 |
Okeechobee's most frequently cited loan purpose was Home Purchase, with 556 originations. The 2nd most popular reason was Refi, with 218 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 441 | $86,405,000 | $195,930 |
| 2.5-3% | 305 | $58,185,000 | $190,770 |
| <2.5% | 118 | $20,630,000 | $174,831 |
| 4-5% | 72 | $13,750,000 | $190,972 |
| 5-6% | 30 | $3,350,000 | $111,667 |
| 6-7% | 21 | $2,575,000 | $122,619 |
| Over 8% | 17 | $1,795,000 | $105,588 |
| 7-8% | 4 | $480,000 | $120,000 |
During 2021, Okeechobee's most frequently originated rate bucket was 3-4%, with 441 originations.
Loan Sizing (Okeechobee, FL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 485 | $72,325,000 | $149,124 |
| $200k-400k | 326 | $86,220,000 | $264,479 |
| $100,000 or less | 169 | $11,495,000 | $68,018 |
| $400k-600k | 26 | $12,040,000 | $463,077 |
| $600k-1000k | 3 | $2,045,000 | $681,667 |
| $Over $1MM | 3 | $4,865,000 | $1,621,667 |
Okeechobee's loan sizing saw the bucket of loans from $100k-200k with 485 originations, totaling $72,325,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 489 | $100,515,000 | $205,552 |
| 60-80% | 277 | $51,565,000 | $186,155 |
| 40-60% | 122 | $19,150,000 | $156,967 |
| 20-40% | 49 | $3,475,000 | $70,918 |
| Under 20% | 29 | $1,145,000 | $39,483 |
| Over 100% | 18 | $4,900,000 | $272,222 |
Okeechobee's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 489 originations, totaling $100,515,000 in origination value.
