Is Sebring, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Sebring was a Seller's Market.
Housing Prices in Sebring, FL
How much do homes in Sebring, FL cost?
Median Sold Price
$285,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sebring was $285,000 in May 2024, up 14% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $37K | - | N/A |
2 Bedrooms | $191.7K | $216.4K | +12.9% |
3 Bedrooms | $269.9K | $285K | +5.6% |
4 Bedrooms | $306.9K | $352.4K | +14.8% |
5+ Bedrooms | $749.9K | $404.9K | -46.0% |
Summary: Sebring housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 46%.
Housing Supply in Sebring, FL
How many homes are available in Sebring, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
172 | 198 | +15.1% |
Summary: The Sebring real estate market had 198 homes for sale in May 2024, a 15.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 20 | 21 | +5.0% |
3 Bedrooms | 112 | 130 | +16.1% |
4 Bedrooms | 35 | 41 | +17.1% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Sebring housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 14 | -57.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Sebring in May 2024, down by 57.6% month-over-month. Of the 14 sold homes, 50% were sold under asking, 43% were sold at asking, and 7% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 35 Days | -37.8% |
Summary: Homes in Sebring had an average of 35 days on market in May 2024, down by 37.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Sebring; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.