$4,014 Closing Credit*
$338,000
1,364 SqFt
2 Beds
•2 Full Baths
Tamara Hightower, Listing Office: SVG REALTY LLC
Is Sebring, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sebring was a Seller's Market.
Key Takeaway
Sebring is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sebring, FL
How much do homes in Sebring, FL cost?
Median Sold Price
$269,227
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,227(+7.3%)
Key Takeaway
Homes in Sebring have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Sebring was $269,227 in November 2024, up 7.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.7K | $105K | -6.9% |
| 2 Bedrooms | $199.7K | $215K | +7.6% |
| 3 Bedrooms | $281.1K | $287K | +2.1% |
| 4 Bedrooms | $310K | $346.5K | +11.8% |
| 5+ Bedrooms | $385K | $404.9K | +5.2% |
Summary: Sebring housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.9%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in Sebring, FL
How many homes are available in Sebring, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 676 | 689 | +1.9% |
Summary: The Sebring real estate market had 689 homes for sale in November 2024, a 1.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 163 | 168 | +3.1% |
| 3 Bedrooms | 384 | 380 | -1.0% |
| 4 Bedrooms | 107 | 117 | +9.3% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Sebring housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 116 | 101 | -12.9% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sebring, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
Summary: A total of 101 homes were sold or pending in Sebring in November 2024, down by 12.9% month-over-month. Of the 98 sold homes, 54% were sold under asking, 37% were sold at asking, and 9% were sold over asking.
Days on Market for Sebring, FL
How long does it take to sell a home in Sebring, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 70 Days | +96.9% |
Summary: Homes in Sebring had an average of 70 days on market in Nov 2024, up by 96.9% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Sebring are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 101 homes were sold in Sebring; 32% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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