Is Sebring, OH 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 March 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, OH

How much do homes in Sebring, OH cost?

Median Sold Price

$120,000

$91/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$6,000(+5.3%)

Key Takeaway

Homes in Sebring have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Sebring was $120,000 in March 2024, up 5.3% from last year, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $64.7K-
N/A
2 $110.2K$120K
+8.8%
3 $120K$102.4K
-14.6%
4 $116.2K$179.9K
+54.8%
5+ -$123K
N/A

Summary: Sebring housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes increased by 54.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Smith Township
+31.0%
Beloit
+26.9%
Knox Township
+10.2%
Sebring
+5.3%

Housing Supply in Sebring, OH

How many homes are available in Sebring, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
16160.0%

Summary: The Sebring real estate market had 16 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 75
-28.6%
3 69
+50.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Sebring housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sebring, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Sebring in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Mar 2023Mar 2024CHANGE
80 Days56 Days-30.6%

Summary: Homes in Sebring had an average of 56 days on market in Mar 2024, down by 30.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sebring has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Sebring; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 15 Days Ago

Newest Listings in Sebring, OH

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