Okeechobee Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Okeechobee averaged 6.79% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

    The average rate for the prior week (2025-03-27) was 7.1% and one month ago for the week of 2025-02-27, the average rate was 7.11%.

    Okeechobee's average rate one year ago was 6.94%.

    For refis of the same type during the week of 2025-04-03, the average rate was 7.04%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-03 6.64%
    Okeechobee 30 Year Fixed Rate 2025-04-03 6.79%
    Okeechobee 30 Year Fixed Rate Refi 2025-04-03 7.04%
    Okeechobee 15 Year Fixed Rate 2025-04-03 6.02%
    Okeechobee 15 Year Fixed Rate Refi 2025-04-03 5.82%
    Okeechobee 30 Year FHA 2025-04-03 6.11%
    Okeechobee 30 Year FHA Refi 2025-04-03 6.16%
    Okeechobee 30 Year USDA 2025-04-03 6.12%
    Okeechobee 30 Year USDA Refi 2025-04-03 6.42%
    Okeechobee 30 Year VA 2025-04-03 6.16%
    Okeechobee 30 Year VA Refi 2025-04-03 5.96%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Okeechobee, FL.

    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.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 20 6.99% $7,641
    South State Bank 19 7.05% $6,153
    QUICKEN LOANS, LLC 18 6.63% $9,416
    LOANDEPOT.COM, LLC 9 7.02% $5,693
    CROSSCOUNTRY MORTGAGE, LLC 8 6.92% $7,434
    GENEVA FINANCIAL, LLC 8 7.30% $6,302
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.89% $6,928
    MIDFLORIDA 6 6.46% $4,310
    21ST MORTGAGE CORPORATION 5 8.75% $6,602
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 5 6.94% $8,652
    A&D Mortgage LLC 5 7.67% $12,788
    PLANET HOME LENDING, LLC 4 6.66% $5,812
    Seacoast National Bank 3 7.13% $9,114
    PENNYMAC LOAN SERVICES, LLC 3 6.79% $7,887
    METROPLEX MORTGAGE SERVICES, INC. 3 6.25% $5,982
    ACOPIA, LLC 2 6.43% $7,300
    JPMorgan Chase Bank 2 7.06% $8,327
    PNC Bank 2 6.69% $4,151
    The Loan Store, Inc. 2 7.12% $13,620
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 7.56% $6,654
    THE MORTGAGE FIRM, INC. 2 7.00% $5,075
    Flagstar Bank, FSB 2 7.56% $6,084
    RBC Bank, (Georgia) 1 5.63% $3,190
    SPACE COAST Credit Union 1 6.75% $475
    STOCKTON MORTGAGE CORPORATION 1 6.63% $7,504
    Suncoast Credit Union 1 5.50% $3,659
    TD Bank 1 7.00% $4,900
    The Northern Trust Company 1 6.63% $12,401
    TJC Mortgage, Inc. 1 7.63% $5,883
    Truist 1 7.10% $3,274
    UNION HOME MORTGAGE CORP. 1 7.38% $6,989
    UNITED MORTGAGE CORP 1 7.50% $11,112
    VAN DYK MORTGAGE CORPORATION 1 6.50% $4,310
    ZILLOW HOME LOANS, LLC 1 7.13% $5,945
    AgFirst Farm Credit Bank 1 7.88% $8,208
    AMERICAN FINANCIAL NETWORK, INC. 1 7.63% $4,824
    AMERICAN FINANCIAL RESOURCES, INC. 1 5.99% $5,669
    ARC HOME LLC 1 7.50% $9,743
    Bank of America 1 6.88% $0
    BAYSHORE MORTGAGE FUNDING, LLC 1 6.63% $4,714
    Bell Bank 1 5.38% $7,423
    Discover Bank 1 7.27% $0
    EVERETT FINANCIAL, INC. 1 7.13% $7,253
    First Horizon Bank 1 6.50% $5,564
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.99% $5,215
    HOMEXPRESS MORTGAGE CORP. 1 9.38% $13,429
    ITHINK FINANCIAL Credit Union 1 7.00% $3,095
    MICHIGAN MUTUAL, INC. 1 7.63% $6,163
    MOVEMENT MORTGAGE, LLC 1 6.38% $9,375
    NMSI, INC. 1 9.50% $10,501
    Plains Commerce Bank 1 6.50% $5,171
    PREMIA MORTGAGE, LLC 1 5.99% $1,440
    Presidential Bank, FSB 1 6.13% $10,220
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.99% $5,963
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.00% $11,556

    Okeechobee Average Closing Costs & Other Stats

    Okeechobee, FL's 55 lenders originated 638 loans during 2024. The total origination value was $139,770,000, with an average loan value of $219,075.

    Okeechobee's average closing costs are $6,900.

    The top Okeechobee lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 20 loans originated. Their average total fees are $7,641, which is $1,488 higher than the next largest lender, South State Bank.

    The lowest fee Okeechobee lenders (with over 10 loans originated) are South State Bank ($6,153), UNITED WHOLESALE MORTGAGE, LLC ($7,641), QUICKEN LOANS, LLC ($9,416), .

    The lowest rate Okeechobee lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.63%), UNITED WHOLESALE MORTGAGE, LLC (6.99%), South State Bank (7.05%), .

    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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    UNITED WHOLESALE MORTGAGE, LLC $16,950,000 $19,400,000 14.5% 13.9%
    QUICKEN LOANS, LLC $7,355,000 $9,590,000 30.4% 6.9%
    MIDFLORIDA $3,385,000 $6,375,000 88.3% 4.6%
    South State Bank $6,380,000 $6,275,000 -1.6% 4.5%
    CROSSCOUNTRY MORTGAGE, LLC $2,310,000 $5,310,000 129.9% 3.8%
    LOANDEPOT.COM, LLC $6,280,000 $4,670,000 -25.6% 3.3%
    21ST MORTGAGE CORPORATION $4,465,000 $4,455,000 -0.2% 3.2%
    Mortgage Research Center, LLC $1,785,000 $4,200,000 135.3% 3.0%
    METROPLEX MORTGAGE SERVICES, INC. $3,570,000 $3,265,000 -8.5% 2.3%
    FREEDOM MORTGAGE CORPORATION $2,785,000 $3,205,000 15.1% 2.3%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $750,000 $3,165,000 322.0% 2.3%
    Seacoast National Bank $3,615,000 $2,775,000 -23.2% 2.0%
    GENEVA FINANCIAL, LLC $4,975,000 $2,575,000 -48.2% 1.8%
    PENNYMAC LOAN SERVICES, LLC $1,015,000 $2,110,000 107.9% 1.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,850,000 $2,070,000 11.9% 1.5%
    PNC Bank $1,840,000 $1,925,000 4.6% 1.4%
    The Northern Trust Company $1,735,000 n/a 1.2%
    The Loan Store, Inc. $1,685,000 n/a 1.2%
    A&D Mortgage LLC $1,545,000 n/a 1.1%
    VILLAGE CAPITAL MORTGAGE $720,000 $1,520,000 111.1% 1.1%
    SOUTHWEST STAGE FUNDING, LLC $790,000 $1,505,000 90.5% 1.1%
    THE MORTGAGE FIRM, INC. $335,000 $1,440,000 329.9% 1.0%
    LEADERONE FINANCIAL CORPORATION $590,000 $1,435,000 143.2% 1.0%
    Equity Prime Mortgage LLC $1,230,000 n/a 0.9%
    EVERETT FINANCIAL, INC. $1,280,000 $1,120,000 -12.5% 0.8%
    GUARANTEED RATE AFFINITY, LLC $590,000 $980,000 66.1% 0.7%
    NEWREZ LLC $1,085,000 $905,000 -16.6% 0.6%
    PLANET HOME LENDING, LLC $105,000 $895,000 752.4% 0.6%
    TRIAD FINANCIAL SERVICES, INC. $2,045,000 $890,000 -56.5% 0.6%
    BROKER SOLUTIONS, INC. $550,000 $865,000 57.3% 0.6%
    TOWNE MORTGAGE COMPANY $675,000 $840,000 24.4% 0.6%
    Plains Commerce Bank $835,000 n/a 0.6%
    Bank of America $1,185,000 $800,000 -32.5% 0.6%
    Carrington Mortgage Services, LLC $1,350,000 $735,000 -45.6% 0.5%
    Flagstar Bank, FSB $940,000 $735,000 -21.8% 0.5%
    ACOPIA, LLC $2,625,000 $730,000 -72.2% 0.5%
    GUILD MORTGAGE COMPANY $730,000 n/a 0.5%
    UNITED MORTGAGE CORP $730,000 n/a 0.5%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $725,000 n/a 0.5%
    MOVEMENT MORTGAGE, LLC $595,000 $725,000 21.8% 0.5%
    AMERICAN FINANCIAL RESOURCES, INC. $945,000 $705,000 -25.4% 0.5%
    MID AMERICA MORTGAGE, INC. $1,210,000 $645,000 -46.7% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $690,000 $645,000 -6.5% 0.5%
    PROVIDENT FUNDING ASSOCIATES, L.P. $315,000 $620,000 96.8% 0.4%
    PREMIA MORTGAGE, LLC $355,000 $615,000 73.2% 0.4%
    NAVY FEDERAL CREDIT UNION $1,640,000 $600,000 -63.4% 0.4%
    VANDERBILT MORTGAGE AND FINANCE, INC. $560,000 n/a 0.4%
    CMG MORTGAGE, INC. $555,000 n/a 0.4%
    GERSHMAN INVESTMENT CORP. $545,000 n/a 0.4%
    MICHIGAN MUTUAL, INC. $520,000 $515,000 -1.0% 0.4%
    1ST SIGNATURE LENDING, LLC $480,000 $505,000 5.2% 0.4%
    AMERICAN PACIFIC MORTGAGE CORPORATION $345,000 $505,000 46.4% 0.4%
    Citizens Bank $460,000 $505,000 9.8% 0.4%
    SUN WEST MORTGAGE COMPANY, INC. $660,000 $505,000 -23.5% 0.4%
    Coastal Community Bank $100,000 $470,000 370.0% 0.3%
    Northpointe Bank $655,000 $455,000 -30.5% 0.3%
    Capital City Home Loans, LLC $435,000 n/a 0.3%
    Merchants Mortgage & Trust Corporation $430,000 n/a 0.3%
    Suncoast Credit Union $145,000 $430,000 196.6% 0.3%
    Bell Bank $805,000 $415,000 -48.4% 0.3%
    AMERICAN FINANCIAL NETWORK, INC. $430,000 $405,000 -5.8% 0.3%
    Centennial Bank $405,000 n/a 0.3%
    Discover Bank $225,000 $405,000 80.0% 0.3%
    AgFirst Farm Credit Bank $395,000 n/a 0.3%
    ENVOY MORTGAGE, LTD $225,000 $395,000 75.6% 0.3%
    First Federal Bank $390,000 n/a 0.3%
    ITHINK FINANCIAL Credit Union $335,000 $390,000 16.4% 0.3%
    CASTLE & COOKE MORTGAGE, LLC $380,000 n/a 0.3%
    Figure Lending LLC $80,000 $380,000 375.0% 0.3%
    JPMorgan Chase Bank $4,935,000 $370,000 -92.5% 0.3%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $165,000 $350,000 112.1% 0.3%
    NEW DAY FINANCIAL, LLC $530,000 $350,000 -34.0% 0.3%
    ALKAN MORTGAGE CORPORATION $345,000 n/a 0.2%
    AMERICAN BANCSHARES MORTGAGE $255,000 $345,000 35.3% 0.2%
    Citadel Servicing Corporation $345,000 n/a 0.2%
    BAYSHORE MORTGAGE FUNDING, LLC $340,000 n/a 0.2%
    STOCKTON MORTGAGE CORPORATION $270,000 $340,000 25.9% 0.2%
    EMM LOANS LLC $1,005,000 $320,000 -68.2% 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $285,000 $320,000 12.3% 0.2%
    TD Bank $320,000 n/a 0.2%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $315,000 n/a 0.2%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $365,000 $315,000 -13.7% 0.2%
    RF Renovo Management Company, LLC $840,000 $300,000 -64.3% 0.2%
    HOMEXPRESS MORTGAGE CORP. $295,000 $295,000 0.0% 0.2%
    SWBC MORTGAGE CORPORATION $585,000 $295,000 -49.6% 0.2%
    HOMESIDE FINANCIAL, LLC $360,000 $290,000 -19.4% 0.2%
    DG PINNACLE FUNDING LLC $285,000 n/a 0.2%
    First Horizon Bank $270,000 n/a 0.2%
    Cornerstone First Mortgage, Inc $265,000 n/a 0.2%
    NMSI, INC. $265,000 n/a 0.2%
    Paramount Residential Mortgage Group, Inc. $740,000 $265,000 -64.2% 0.2%
    INTERNATIONAL CITY MORTGAGE, INC. $260,000 n/a 0.2%
    DIRECT MORTGAGE LOANS, LLC $255,000 n/a 0.2%
    Logan Finance Corporation $255,000 n/a 0.2%
    USAA Federal Savings Bank $235,000 $255,000 8.5% 0.2%
    Presidential Bank, FSB $245,000 n/a 0.2%
    ZILLOW HOME LOANS, LLC $245,000 n/a 0.2%
    ARC HOME LLC $155,000 $235,000 51.6% 0.2%
    TJC Mortgage, Inc. $235,000 n/a 0.2%
    SPACE COAST Credit Union $990,000 $230,000 -76.8% 0.2%
    City National Bank of Florida $225,000 n/a 0.2%
    LOANPAL, LLC $125,000 $220,000 76.0% 0.2%
    ABSOLUTE HOME MORTGAGE CORPORATION $580,000 $215,000 -62.9% 0.2%
    LAKEVIEW LOAN SERVICING, LLC $1,090,000 $215,000 -80.3% 0.2%
    LIMA ONE CAPITAL, LLC $215,000 n/a 0.2%
    Truist $1,000,000 $205,000 -79.5% 0.1%
    RBC Bank, (Georgia) $195,000 n/a 0.1%
    UNION HOME MORTGAGE CORP. $115,000 $195,000 69.6% 0.1%
    GUARANTEED RATE, INC. $275,000 $185,000 -32.7% 0.1%
    HomeTrust Bank $155,000 n/a 0.1%
    Wells Fargo Bank $830,000 $155,000 -81.3% 0.1%
    CARDINAL FINANCIAL $1,010,000 $145,000 -85.6% 0.1%
    LENDINGHOME FUNDING CORPORATION $155,000 $145,000 -6.5% 0.1%
    Prosperity Home Mortgage, LLC $145,000 n/a 0.1%
    FirstBank $135,000 n/a 0.1%
    DOMINION FINANCIAL SERVICES, LLC $125,000 n/a 0.1%
    First Bank $430,000 $125,000 -70.9% 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $660,000 $125,000 -81.1% 0.1%
    First American Bank $105,000 $105,000 0.0% 0.1%
    VELOCITY COMMUNITY Federal Credit Union $105,000 n/a 0.1%
    GOLD COAST FEDERAL CREDIT UNION $75,000 n/a 0.1%
    VAN DYK MORTGAGE CORPORATION $75,000 n/a 0.1%
    First National Bank of America $65,000 n/a 0.0%
    AMERISAVE MORTGAGE CORPORATION $545,000 $55,000 -89.9% 0.0%
    Baxter Credit Union $25,000 n/a 0.0%
    Regions Bank $900,000 $25,000 -97.2% 0.0%

    Okeechobee's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 13.9% market share. In second place, with 6.9%, is QUICKEN LOANS, LLC, having originated $9,590,000 in loans. In third place, with 4.6%, is MIDFLORIDA, having originated $6,375,000 in loans. In fourth place, with 4.5%, is South State Bank, having originated $6,275,000 in loans. In fifth place, with 3.8%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $5,310,000 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 $140,000 (-4.8%) $217,763 (7.7%) 0.00 137
    2018-02-01 $127,450 (-2.9%) $204,560 (6.7%) 0.00 138
    2018-03-01 $130,950 (0.8%) $197,277 (5.5%) 0.00 127
    2018-04-01 $119,900 (-17.3%) $193,044 (-1.0%) 0.00 129
    2018-05-01 $122,175 (-12.2%) $213,689 (9.9%) 0.00 140
    2018-06-01 $159,000 (14.0%) $245,870 (24.7%) 0.00 141
    2018-07-01 $164,750 (18.1%) $252,474 (34.6%) 0.00 144
    2018-08-01 $160,725 (7.9%) $227,631 (17.9%) 0.00 145
    2018-09-01 $169,750 (13.9%) $223,236 (6.2%) 0.00 157
    2018-10-01 $167,600 (10.3%) $217,643 (-1.7%) 0.00 158
    2018-11-01 $169,750 (21.5%) $220,086 (1.2%) 0.00 167
    2018-12-01 $172,250 (23.3%) $231,475 (8.0%) 0.00 166
    2019-01-01 $181,975 (30.0%) $233,411 (7.2%) 0.00 175
    2019-02-01 $187,250 (46.9%) $230,772 (12.8%) 0.00 167
    2019-03-01 $184,521 (40.9%) $237,646 (20.5%) 0.00 179
    2019-04-01 $191,675 (59.9%) $259,528 (34.4%) 0.00 182
    2019-05-01 $225,000 (84.2%) $311,849 (45.9%) 0.00 134
    2019-06-01 $221,500 (39.3%) $289,582 (17.8%) 0.00 140
    2019-07-01 $219,900 (33.5%) $266,914 (5.7%) 0.00 135
    2019-08-01 $220,336 (37.1%) $260,170 (14.3%) 0.00 135
    2019-09-01 $220,991 (30.2%) $258,508 (15.8%) 0.00 138
    2019-10-01 $221,427 (32.1%) $257,400 (18.3%) 0.00 140
    2019-11-01 $222,000 (30.8%) $261,835 (19.0%) 0.00 151
    2019-12-01 $226,225 (31.3%) $271,171 (17.2%) 0.00 149
    2020-01-01 $234,000 (28.6%) $284,596 (21.9%) 0.00 144
    2020-02-01 $230,000 (22.8%) $276,487 (19.8%) 0.00 142
    2020-03-01 $230,000 (24.7%) $272,984 (14.9%) 0.00 131
    2020-04-01 $229,975 (20.0%) $257,405 (-0.8%) 0.00 137
    2020-05-01 $232,500 (3.3%) $466,453 (49.6%) 0.00 119
    2020-06-01 $229,450 (3.6%) $480,169 (65.8%) 0.00 110
    2020-07-01 $229,000 (4.1%) $513,991 (92.6%) 0.00 100
    2020-08-01 $217,500 (-1.3%) $527,499 (102.8%) 0.00 92
    2020-09-01 $211,750 (-4.2%) $560,751 (116.9%) 0.00 88
    2020-10-01 $229,500 (3.7%) $592,750 (130.3%) 0.00 82
    2020-11-01 $244,975 (10.4%) $591,353 (125.9%) 0.00 88
    2020-12-01 $245,500 (8.5%) $593,863 (119.0%) 0.00 93
    2021-01-01 $229,900 (-1.8%) $614,796 (116.0%) 0.00 84
    2021-02-01 $249,250 (8.4%) $650,437 (135.3%) 0.00 80
    2021-03-01 $255,000 (10.9%) $364,576 (33.6%) 0.00 78
    2021-04-01 $252,500 (9.8%) $365,907 (42.2%) 0.00 58
    2021-05-01 $249,900 (7.5%) $363,264 (-22.1%) 0.00 60
    2021-06-01 $247,450 (7.8%) $604,566 (25.9%) 0.00 61
    2021-07-01 $259,500 (13.3%) $600,074 (16.8%) 0.00 63
    2021-08-01 $289,750 (33.2%) $608,168 (15.3%) 0.00 72
    2021-09-01 $295,750 (39.7%) $593,636 (5.9%) 0.00 84
    2021-10-01 $332,000 (44.7%) $655,288 (10.6%) 0.00 69
    2021-11-01 $350,000 (42.9%) $725,024 (22.6%) 0.00 61
    2021-12-01 $386,667 (57.5%) $719,032 (21.1%) 0.00 63
    2022-01-01 $385,000 (67.5%) $779,674 (26.8%) 0.00 58
    2022-02-01 $383,850 (54.0%) $831,856 (27.9%) 0.00 49
    2022-03-01 $386,975 (51.8%) $929,324 (154.9%) 0.00 42
    2022-04-01 $394,950 (56.4%) $950,736 (159.8%) 0.00 36
    2022-05-01 $396,213 (58.6%) $776,007 (113.6%) 0.00 53
    2022-06-01 $369,000 (49.1%) $676,876 (12.0%) 0.00 69
    2022-07-01 $349,000 (34.5%) $618,163 (3.0%) 0.00 89
    2022-08-01 $353,950 (22.2%) $592,503 (-2.6%) 0.00 96
    2022-09-01 $347,850 (17.6%) $587,307 (-1.1%) 0.00 103
    2022-10-01 $342,850 (3.3%) $607,318 (-7.3%) 0.00 110
    2022-11-01 $323,475 (-7.6%) $572,985 (-21.0%) 0.00 118
    2022-12-01 $306,000 (-20.9%) $429,283 (-40.3%) 0.00 110
    2023-01-01 $319,725 (-17.0%) $488,864 (-37.3%) 0.00 111
    2023-02-01 $324,475 (-15.5%) $564,747 (-32.1%) 0.00 112
    2023-03-01 $325,000 (-16.0%) $585,732 (-37.0%) 0.00 100
    2023-04-01 $299,900 (-24.1%) $564,089 (-40.7%) 0.00 97
    2023-05-01 $344,250 (-13.1%) $613,255 (-21.0%) 0.00 92
    2023-06-01 $335,938 (-9.0%) $609,350 (-10.0%) 0.00 94
    2023-07-01 $349,000 (0.0%) $589,265 (-4.7%) 0.00 103
    2023-08-01 $349,000 (-1.4%) $530,469 (-10.5%) 0.00 106
    2023-09-01 $320,000 (-8.0%) $582,511 (-0.8%) 0.00 118
    2023-10-01 $349,450 (1.9%) $775,398 (27.7%) 0.00 108
    2023-11-01 $343,725 (6.3%) $814,947 (42.2%) 0.00 107
    2023-12-01 $335,000 (9.5%) $821,500 (91.4%) 0.00 118
    2024-01-01 $366,950 (14.8%) $800,975 (63.8%) 0.00 124
    2024-02-01 $372,450 (14.8%) $818,672 (45.0%) 0.00 117
    2024-03-01 $352,500 (8.5%) $791,067 (35.1%) 0.00 120
    2024-04-01 $341,500 (13.9%) $770,579 (36.6%) 0.00 121
    2024-05-01 $349,675 (1.6%) $794,559 (29.6%) 0.00 116
    2024-06-01 $347,000 (3.3%) $780,652 (28.1%) 0.00 109
    2024-07-01 $349,000 (0.0%) $653,328 (10.9%) 0.00 114
    2024-08-01 $349,450 (0.1%) $647,572 (22.1%) 0.00 118
    2024-09-01 $349,500 (9.2%) $715,729 (22.9%) 0.00 129
    2024-10-01 $350,000 (0.2%) $747,886 (-3.6%) 0.00 130
    2024-11-01 $349,000 (1.5%) $710,135 (-12.9%) 0.00 145
    2024-12-01 $349,750 (4.4%) $700,511 (-14.7%) 0.00 159
    2025-01-01 $349,700 (-4.7%) $720,904 (-10.0%) 0.00 143
    2025-02-01 $349,413 (-6.2%) $689,578 (-15.8%) 0.00 153
    2025-03-01 $339,000 (-3.8%) $624,555 (-21.1%) 0.00 173
    Okeechobee's median listing price for 2025-03-01 was $339,000, a difference of $-13,500 (-3.8%) versus the prior year and $-10,413 versus the prior month.

    Okeechobee's median listing price comes in at 0% of the national average.

    Okeechobee's average listing price for 2025-03-01 was $624,555, a difference of $-166,512 (-21.1%) versus the prior year and $-65,023 versus the prior month.

    For the 2025-03-01 period, Okeechobee had 173 MLS listings, a difference of 20 listings (13%) versus the prior month and 53 listings (44%) 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 1,286 sqft
    2018-02-01 0 days 1,210 sqft
    2018-03-01 0 days 1,204 sqft
    2018-04-01 0 days 1,200 sqft
    2018-05-01 0 days 1,233 sqft
    2018-06-01 0 days 1,368 sqft
    2018-07-01 0 days 1,499 sqft
    2018-08-01 0 days 1,469 sqft
    2018-09-01 0 days 1,502 sqft
    2018-10-01 0 days 1,480 sqft
    2018-11-01 0 days 1,511 sqft
    2018-12-01 0 days 1,498 sqft
    2019-01-01 0 days 1,491 sqft
    2019-02-01 0 days 1,468 sqft
    2019-03-01 0 days 1,481 sqft
    2019-04-01 0 days 1,522 sqft
    2019-05-01 0 days 1,692 sqft
    2019-06-01 0 days 1,666 sqft
    2019-07-01 0 days 1,635 sqft
    2019-08-01 0 days 1,642 sqft
    2019-09-01 0 days 1,679 sqft
    2019-10-01 0 days 1,703 sqft
    2019-11-01 0 days 1,651 sqft
    2019-12-01 0 days 1,624 sqft
    2020-01-01 0 days 1,688 sqft
    2020-02-01 0 days 1,688 sqft
    2020-03-01 0 days 1,666 sqft
    2020-04-01 0 days 1,568 sqft
    2020-05-01 0 days 1,539 sqft
    2020-06-01 0 days 1,509 sqft
    2020-07-01 0 days 1,497 sqft
    2020-08-01 0 days 1,482 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 1,759 sqft
    2021-01-01 0 days 1,710 sqft
    2021-02-01 0 days 1,801 sqft
    2021-03-01 0 days 1,808 sqft
    2021-04-01 0 days 1,794 sqft
    2021-05-01 0 days 1,704 sqft
    2021-06-01 0 days 1,685 sqft
    2021-07-01 0 days 1,745 sqft
    2021-08-01 0 days 1,787 sqft
    2021-09-01 0 days 1,772 sqft
    2021-10-01 0 days 1,880 sqft
    2021-11-01 0 days 1,971 sqft
    2021-12-01 0 days 1,910 sqft
    2022-01-01 0 days 1,868 sqft
    2022-02-01 0 days 1,843 sqft
    2022-03-01 0 days 1,790 sqft
    2022-04-01 0 days 1,780 sqft
    2022-05-01 0 days 1,643 sqft
    2022-06-01 0 days 1,549 sqft
    2022-07-01 0 days 1,542 sqft
    2022-08-01 0 days 1,654 sqft
    2022-09-01 0 days 1,642 sqft
    2022-10-01 0 days 1,548 sqft
    2022-11-01 0 days 1,491 sqft
    2022-12-01 0 days 1,500 sqft
    2023-01-01 0 days 1,536 sqft
    2023-02-01 0 days 1,566 sqft
    2023-03-01 0 days 1,587 sqft
    2023-04-01 0 days 1,600 sqft
    2023-05-01 0 days 1,676 sqft
    2023-06-01 0 days 1,686 sqft
    2023-07-01 0 days 1,685 sqft
    2023-08-01 0 days 1,728 sqft
    2023-09-01 0 days 1,565 sqft
    2023-10-01 0 days 1,565 sqft
    2023-11-01 0 days 1,565 sqft
    2023-12-01 0 days 1,525 sqft
    2024-01-01 0 days 1,511 sqft
    2024-02-01 0 days 1,517 sqft
    2024-03-01 0 days 1,508 sqft
    2024-04-01 0 days 1,471 sqft
    2024-05-01 0 days 1,452 sqft
    2024-06-01 0 days 1,468 sqft
    2024-07-01 0 days 1,503 sqft
    2024-08-01 0 days 1,607 sqft
    2024-09-01 0 days 1,548 sqft
    2024-10-01 0 days 1,601 sqft
    2024-11-01 0 days 1,504 sqft
    2024-12-01 0 days 1,528 sqft
    2025-01-01 0 days 1,501 sqft
    2025-02-01 0 days 1,530 sqft
    2025-03-01 0 days 1,455 sqft
    Okeechobee's median listing age (time on market) for 2025-03-01 was 0 days.

    Okeechobee's median square footage for active listings during the 2025-03-01 period was 1,455 sqft. One year prior, the average listing was 1,508 sqft.

    Okeechobee, FL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 419 $102,515,000 $244,666
    Cash Out Refi 74 $15,150,000 $204,730
    Refi 58 $14,210,000 $245,000
    Home Improvement 46 $4,090,000 $88,913
    Other 41 $3,805,000 $92,805

    Okeechobee's most frequently cited loan purpose was Home Purchase, with 419 originations. The 2nd most popular reason was Cash Out Refi, with 74 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 260 $64,470,000 $247,962
    7-8% 132 $30,610,000 $231,894
    Over 8% 123 $17,075,000 $138,821
    5-6% 83 $22,565,000 $271,867
    4-5% 20 $4,560,000 $228,000
    <2.5% 18 $260,000 $14,444

    During 2024, Okeechobee's most frequently originated rate bucket was 6-7%, with 260 originations.

    Loan Sizing (Okeechobee, FL MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 275 $74,445,000 $270,709
    $100k-200k 188 $28,050,000 $149,202
    $100,000 or less 113 $5,815,000 $51,460
    $400k-600k 56 $26,470,000 $472,679
    $600k-1000k 5 $3,255,000 $651,000
    $Over $1MM 1 $1,735,000 $1,735,000

    Okeechobee's loan sizing saw the bucket of loans from $200k-400k with 275 originations, totaling $74,445,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 293 $79,985,000 $272,986
    60-80% 113 $28,045,000 $248,186
    Under 20% 78 $3,700,000 $47,436
    40-60% 69 $12,085,000 $175,145
    20-40% 57 $7,195,000 $126,228
    Over 100% 15 $5,025,000 $335,000

    Okeechobee's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 293 originations, totaling $79,985,000 in origination value.