Is Sebring, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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
$80,500
$101/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Sebring have sold for 32.1% less than they did a month ago.
Summary: The median home sold price in Sebring was $80,500 in May 2024, down 32.1% from last month, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $80.5K | N/A |
| 2 Bedrooms | $128.2K | $44K | -65.7% |
| 3 Bedrooms | $214K | $103.2K | -51.8% |
| 4 Bedrooms | $51.5K | $90K | +74.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Sebring housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 65.7%, 3 bedroom homes decreased by 51.8%, 4 bedroom homes increased by 74.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Knox Township | $157.5K | $170K | +7.9% |
| Beloit | $107K | $106.5K | -0.5% |
| Smith Township | $118.6K | $106.5K | -10.2% |
| Sebring | $118.6K | $80.5K | -32.1% |
Housing Supply in Sebring, OH
How many homes are available in Sebring, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Summary: The Sebring real estate market had 20 homes for sale in May 2024, a 9.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sebring housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 6 homes were sold or pending in Sebring in May 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 93 Days | 34 Days | -63.5% |
Summary: Homes in Sebring had an average of 34 days on market in May 2024, down by 63.5% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sebring are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Sebring; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved