Metropolitan Statistical Area (MSA):
Okeechobee, FL is a Metropolitan Statistical Area (MSA) comprising counties including Okeechobee County.
The Okeechobee, FL metropolitan statistical area (MSA) is located in the heart of Florida's Treasure Coast region. The area is known for its beautiful beaches, fishing, boating, and outdoor recreation. The MSA is home to a diverse population, with a mix of retirees, families, and young professionals. The housing market in the Okeechobee MSA is diverse as well, with a variety of options for buyers at all price points.
In recent years, the Okeechobee MSA has seen an influx of new residents from across the country. This has led to an increase in demand for housing, and prices have risen accordingly. The average sales price of a home in the Okeechobee MSA was $206,000 in 2020, up from $183,000 in 2019.1
There are several factors driving this trend. First, the area's strong economy and job market are attracting new residents from other parts of Florida and beyond. Second, retirees are increasingly choosing to relocate to the Okeechobee MSA to enjoy its sunny climate and relaxed lifestyle. And finally, many families are drawn to the area for its excellent schools and safe neighborhoods.
With demand for housing on the rise, now is a great time to buy a home in the Okeechobee MSA. Whether you're looking for your first home or your forever home, you'll find plenty of options on the market. And with prices expected to continue rising in the coming years, now is also a good time to invest in real estate here.