Immokalee, FL—34142
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Immokalee, FL
As of Oct '25, the median home price in Immokalee, FL is $345,000, with a year-over-year change of -8.3%. This indicates that home prices in Immokalee, FL are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $345,000 | -8.3% |
| Single Family | $358,000 | -8.2% |
| Condos | $263,000 | -12.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $297,000 | -15.1% |
3 Bed | $389,000 | -7.8% |
4 Bed | $486,000 | -5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Immokalee, FL
As of July '25, Rentcast reports the average rent in Immokalee, FL is $3,820, with a year-over-year rent change of -4.5%. Per bedroom, the median rent as of July '25 in Immokalee, FL is 1-bedrooms: $1,610, 2-bedrooms: $4,050, 3-bedrooms: $3,690, 4-bedrooms: $3,800. The most common rental property sizes in Immokalee, FL are 3-bedroom and 2-bedroom, accounting for 40.3% and 34.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,060 | $1,610 |
| 2 Bed Rent | $4,000 | $4,050 |
| 3 Bed Rent | $2,900 | $3,690 |
| 4 Bed Rent | $3,300 | $3,800 |
% of Rental Stock
Property Listings — Immokalee, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Immokalee, FL is 79. This is a increase of 10.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $471,000 | 4.0% |
Listing Count | 254 | 8.0% |
| Listings as % of Homes | 1.5% | 8.0% |
Days on Market | 79 | 10.0% |
Demographics — Immokalee, FL
As of the latest ACS Survey released in 2023, Immokalee, FL has a population of 33,300, which has increased by 7.5% over the past 5 years. Immokalee, FL is a popular place for families, as children make up 27.8% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,300 | 7.5% |
% Under 18 | 27.8% | -10.0% |
% Seniors | 10.9% | 60.3% |
% WFH | 6.8% | 172.0% |
% w/ College Degree | 14.7% | 77.1% |
As of the latest ACS Survey released in 2023, Immokalee, FL is a predominantly hispanic area, with 63.0% of the population identifying as hispanic. The hispanic population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Immokalee, FL is black, making up 19.1% of the population. Foreign-born residents account for 32.2% of the population in Immokalee, FL, and this percentage has decreased by 24.9% 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 | 15.8% | 24.4% |
% Black | 19.1% | -1.0% |
% Hispanic | 63.0% | -5.4% |
% Asian | 0.2% | -60.0% |
% Foreign Born | 32.2% | -24.9% |
Mortgage and Risk — Immokalee, FL
According to HUD data as of 2023, there were 748 mortgage originations in Immokalee, FL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Immokalee, FL. Investor activity is low, as 5.0% 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 | 748 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 5.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Immokalee, FL
As of 2024, the percent of homes in Immokalee, FL under the Section 8 program is 3.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Immokalee, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 188 |
Total Units Section 8 | 159 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 90.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $1,060 | $1,350 |
| 2 Bedroom | -$2,390 | $4,000 | $1,610 |
| 3 Bedroom | -$760 | $2,900 | $2,140 |
| 4 Bedroom | -$1,050 | $3,300 | $2,250 |
Affordability — Immokalee, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.4 |
| Median Home Price | $345,000 |
| Median Household Income | $57,700 |