$1,578 Closing Credit*
$132,900
1,144 SqFt
3 Beds
•1 Full Bath
Carol L Dalton, Listing Office: RE/MAX Edge Realty
Is Sebring, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$120,000
$92/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Sebring has remained the same since last year.
Summary: The median home sold price in Sebring was $120,000 in October 2024, the same as last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.7K | $73.5K | +13.6% |
| 2 Bedrooms | $105K | $120K | +14.3% |
| 3 Bedrooms | $119.5K | $132K | +10.5% |
| 4 Bedrooms | $149K | $100K | -32.9% |
| 5+ Bedrooms | $123K | - | N/A |
Summary: Sebring housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 32.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sebring | $120K | $120K | 0.0% |
| Smith Township | $186.5K | $182.5K | -2.1% |
Housing Supply in Sebring, OH
How many homes are available in Sebring, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The Sebring real estate market had 16 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Sebring housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sebring, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sebring in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 56 Days | +74.8% |
Summary: Homes in Sebring had an average of 56 days on market in Oct 2024, up by 74.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sebring has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Sebring; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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