Okaloo, FL 32567 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Okaloo, FL—32567

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$301,000

2.0% YoY Growth

Household Income

$66,200

53.7% YoY Growth

Days on Market

45.0% Shorter YoY

Home Price Forecast

-1.6%

Median Rent

$2,100

2.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,800

13.0% YoY Growth

Home Price Trends — Okaloo, FL

As of May '26, the median home price in Okaloo, FL is $301,000, with a year-over-year change of 2.0%. This indicates that home prices in Okaloo, FL are increasing. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$301,000	2.0%
Single Family	$301,000	3.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Okaloo, FL

As of July '25, Rentcast reports the average rent in Okaloo, FL is $2,110, with a year-over-year rent change of 2.9%. Per bedroom, the median rent as of July '25 in Okaloo, FL is 3-bedrooms: $1,880, 4-bedrooms: $2,160. The most common rental property sizes in Okaloo, FL are 2-bedroom and 3-bedroom, accounting for 62.2% and 21.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,100	$2,110
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,800	$1,880
4 Bed Rent	$2,050	$2,160

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% of Rental Stock

Studio

0.9%

1 Bedroom

1.3%

2 Bedrooms

62.2%

3 Bedrooms

21.3%

4 Bedrooms

14.2%

Property Listings — Okaloo, FL

As of May '26, Realtor.com reports that the median days on market for a home in Okaloo, FL is 43. This is a decrease of -45.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$278,000	-10.0%
Listing Count	38	-13.0%
Listings as % of Homes	0.9%	-13.0%
Days on Market	43	-45.0%

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Demographics — Okaloo, FL

As of the latest ACS Survey released in 2023, Okaloo, FL has a population of 4,820, which has increased by 55.3% over the past 5 years. Okaloo, FL is a popular place for families, as children make up 31.4% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,820	55.3%
% Under 18	31.4%	32.5%
% Seniors	13.8%	-31.0%
% WFH	7.2%	46.9%
% w/ College Degree	15.6%	33.3%

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As of the latest ACS Survey released in 2023, Okaloo, FL is a predominantly white area, with 78.6% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Okaloo, FL is black, making up 9.1% of the population. Foreign-born residents account for 3.8% of the population in Okaloo, FL, and this percentage has increased by 137.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	78.6%	-9.6%
% Black	9.1%	-9.9%
% Hispanic	6.5%	282.4%
% Asian	0.7%	75.0%
% Foreign Born	3.8%	137.5%

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Mortgage and Risk — Okaloo, FL

According to HUD data as of 2023, there were 45 mortgage originations in Okaloo, FL, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Okaloo, FL. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	45
% Conventional Loans	64.0%
% Government Loans	36.0%
% Investor Loans	2.0%
% Second Loans	4.0%
% Cash Out Refinance	4.0%

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Rentals and Section 8 — Okaloo, FL

Okaloo, FL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	14
Total Units Section 8	14
% Rentals under Section 8	6.7%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,190
2 Bedroom	N/A	N/A	$1,380
3 Bedroom	$60	$1,800	$1,860
4 Bedroom	$260	$2,050	$2,310

Okaloo, FL—32567

Key Metrics at a Glance

Home Price Trends — Okaloo, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Okaloo, FL

% of Rental Stock

Property Listings — Okaloo, FL

Demographics — Okaloo, FL

Race and Ethnicity

Mortgage and Risk — Okaloo, FL

Mortgages

Rentals and Section 8 — Okaloo, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Okaloo, FL

Home Price to Income Ratio

Okaloo, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Crestview, FL

Florala, AL

Crestview, FL

Defuniak Springs, FL

Baker, FL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$301,000
Median Household Income	$66,200

Okaloo, FL—32567

Key Metrics at a Glance

Home Price Trends — Okaloo, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Okaloo, FL

% of Rental Stock

Property Listings — Okaloo, FL

Demographics — Okaloo, FL

Race and Ethnicity

Mortgage and Risk — Okaloo, FL

Mortgages

Rentals and Section 8 — Okaloo, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Okaloo, FL

Home Price to Income Ratio

Okaloo, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Crestview, FL

Florala, AL

Crestview, FL

Defuniak Springs, FL

Baker, FL

Frequently Asked Questions

What is the average home price in Okaloo, FL 32567?

How have home prices in Okaloo, FL 32567 changed over the past year?

What is the home price projection for Okaloo, FL 32567?

What are the demographics of Okaloo, FL 32567?

How long does it take homes to sell in Okaloo, FL 32567?

What is the average rent price in Okaloo, FL 32567?