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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sebring is a seller's market

Buyer's
Market

Difference Since February 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

$113,950

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$50(0%)

Key Takeaway

The sold price of homes in Sebring has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$64.7K
N/A
2 $110K$107.5K
-2.3%
3 $120K$102.4K
-14.6%
4 $103.8K$169.9K
+63.6%
5+ -$123K
N/A

Summary: Sebring housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Beloit
+40.8%
Smith Township
+30.3%
Knox Township
+27.8%
Sebring
0%

Housing Supply in Sebring, OH

How many homes are available in Sebring, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1316+23.1%

Summary: The Sebring real estate market had 16 homes for sale in February 2024, a 23.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 47
+75.0%
3 46
+50.0%
4 42
-50.0%
5+ 00
0.0%

Summary: The Sebring housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 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 may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sebring in February 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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

Feb 2023Feb 2024CHANGE
43 Days34 Days-21.5%

Summary: Homes in Sebring had an average of 34 days on market in Feb 2024, down by 21.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 February 2024, 3 homes were sold in Sebring; 33% of homes were sold within 30 days, 67% 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 18 Days Ago

Newest Listings in Sebring, OH

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