Okaloo, FL—32567
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Okaloo, FL
As of Oct '25, the median home price in Okaloo, FL is $285,000, with a year-over-year change of -0.7%. This indicates that home prices in Okaloo, FL are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $285,000 | -0.7% |
| Single Family | $285,000 | -0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $173,000 | 1.2% |
3 Bed | $251,000 | 0.0% |
4 Bed | $363,000 | -1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Okaloo, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Okaloo, FL is 72. This is a decrease of -6.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $325,000 | -2.0% |
Listing Count | 42 | 17.0% |
| Listings as % of Homes | 0.9% | 17.0% |
Days on Market | 72 | -6.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Okaloo, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $285,000 |
| Median Household Income | $66,200 |