Is Sebring, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sebring is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Sebring was a Seller's Market.

Key Takeaway

Sebring is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sebring, FL

How much do homes in Sebring, FL cost?

Median Sold Price

$280,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$8,000(+2.9%)

Key Takeaway

Homes in Sebring have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Sebring was $280,000 in September 2024, up 2.9% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$148K
N/A
2 $197K$220K
+11.7%
3 $280K$280K
0.0%
4 $315K$350K
+11.1%
5+ $854.9K$404.9K
-52.6%

Summary: Sebring housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 52.6%.

Housing Supply in Sebring, FL

How many homes are available in Sebring, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
225220-2.2%

Summary: The Sebring real estate market had 220 homes for sale in September 2024, a 2.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 2327
+17.4%
3 143133
-7.0%
4 5253
+1.9%
5+ 66
0.0%

Summary: The Sebring housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 17.4%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3121-32.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sebring, expect to pay close to the asking price. 52.4% of homes here sold near the asking price last month.

Summary: A total of 21 homes were sold or pending in Sebring in September 2024, down by 32.3% month-over-month. Of the 21 sold homes, 38% were sold under asking, 52% were sold at asking, and 10% 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

Sep 2023Sep 2024CHANGE
35 Days59 Days+69.3%

Summary: Homes in Sebring had an average of 59 days on market in Sep 2024, up by 69.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sebring are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 21 homes were sold in Sebring; 48% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

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