$1,661 Closing Credit*
$139,900
720 SqFt
2 Beds
•1 Full Bath, 1 Partial
Justin Sumption, Listing Office: EXP Realty, LLC.
Is Sebring, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Sebring has remained a Seller's Market.
Key Takeaway
Sebring is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sebring, OH
How much do homes in Sebring, OH cost?
Median Sold Price
$125,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+4.2%)
Key Takeaway
Homes in Sebring have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Sebring was $125,000 in November 2024, up 4.2% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.7K | $73.5K | +13.6% |
| 2 Bedrooms | $105K | $120.2K | +14.5% |
| 3 Bedrooms | $120K | $132K | +10.0% |
| 4 Bedrooms | $149K | $100K | -32.9% |
| 5+ Bedrooms | $123K | - | N/A |
Summary: Sebring housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 32.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Knox Township | $183.5K | $231.8K | +26.4% |
| Sebring | $120K | $125K | +4.2% |
| Smith Township | $185K | $177.5K | -4.1% |
Housing Supply in Sebring, OH
How many homes are available in Sebring, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 22 | +29.4% |
Summary: The Sebring real estate market had 22 homes for sale in November 2024, a 29.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sebring housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sebring, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Sebring in November 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Sebring, OH
How long does it take to sell a home in Sebring, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 101 Days | 56 Days | -44.6% |
Summary: Homes in Sebring had an average of 56 days on market in Nov 2024, down by 44.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sebring are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Sebring; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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