Pahokee, FL—33476
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pahokee, FL
As of Oct '25, the median home price in Pahokee, FL is $197,000, with a year-over-year change of -4.9%. This indicates that home prices in Pahokee, FL are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $197,000 | -4.9% |
| Single Family | $198,000 | -4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $221,000 | -3.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pahokee, FL
As of July '25, Rentcast reports the average rent in Pahokee, FL is $1,460, with a year-over-year rent change of 25.9%. Per bedroom, the median rent as of July '25 in Pahokee, FL is 1-bedrooms: $900, 3-bedrooms: $1,800, 4-bedrooms: $1,950. The most common rental property sizes in Pahokee, FL are 2-bedroom and 3-bedroom, accounting for 39.1% and 33.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $900 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | $1,950 | $1,950 |
% of Rental Stock
Property Listings — Pahokee, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Pahokee, FL is 46. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $349,000 | 66.0% |
Listing Count | 13 | -16.0% |
| Listings as % of Homes | 0.6% | -16.0% |
Days on Market | 46 | 28.0% |
Demographics — Pahokee, FL
As of the latest ACS Survey released in 2023, Pahokee, FL has a population of 7,130, which has decreased by -17.3% over the past 5 years. Pahokee, FL is a popular place for families, as children make up 28.2% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,130 | -17.3% |
% Under 18 | 28.2% | 8.5% |
% Seniors | 15.9% | 40.7% |
% WFH | 1.4% | 180.0% |
% w/ College Degree | 17.8% | 89.4% |
As of the latest ACS Survey released in 2023, Pahokee, FL is a predominantly black area, with 58.5% of the population identifying as black. The black population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Pahokee, FL is hispanic, making up 27.9% of the population. Foreign-born residents account for 16.4% of the population in Pahokee, FL, and this percentage has decreased by 8.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 12.5% | 38.9% |
% Black | 58.5% | -9.6% |
% Hispanic | 27.9% | 6.9% |
% Asian | 0.0% | N/A |
% Foreign Born | 16.4% | -8.9% |
Mortgage and Risk — Pahokee, FL
According to HUD data as of 2023, there were 30 mortgage originations in Pahokee, FL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Pahokee, FL. Investor activity is low, as 7.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 7.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Pahokee, FL
Pahokee, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 521 |
Total Units Section 8 | 47 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 71.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $900 | $890 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | -$420 | $1,800 | $1,380 |
| 4 Bedroom | -$290 | $1,950 | $1,660 |
Affordability — Pahokee, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $197,000 |
| Median Household Income | $35,600 |