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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Sebring, FL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Sebring, FL Housing Market Trends

With a population of 11,379, 4,759 total housing units (homes and apartments), and a median house value of $207,093, house prices in Sebring are solidly below the national average.

Single-family detached homes are the single most common housing type in Sebring, accounting for 52.87% of the city's housing units. Other types of housing that are prevalent in Sebring include large apartment complexes or high rise apartments ( 18.73%), duplexes, homes converted to apartments or other small apartment buildings ( 14.33%), and a few mobile homes or trailers ( 6.58%).

People in Sebring primarily live in small (one, two or no bedroom) single-family detached homes. Sebring has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Sebring built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Sebring built between 1940-1969 ( 28.17%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.09%). There's also some housing in Sebring built before 1939 ( 7.34%).

Vacant housing appears to be an issue in Sebring. Fully 18.02% of the housing stock is classified as vacant. Left unchecked, vacant Sebring homes and apartments can be a drag on the real estate market, holding Sebring real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Sebring Home Appreciation Rates

In the last 10 years, Sebring has experienced some of the highest home appreciation rates of any community in the nation. Sebring real estate appreciated 219.80% over the last ten years, which is an average annual home appreciation rate of 12.33%, putting Sebring in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sebring definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Sebring that despite a nationwide downturn in the housing market, Sebring real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sebring appreciation rates continue to be some of the highest in America, at 16.53%, which is higher than appreciation rates in 99.87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sebring. Sebring appreciation rates in the latest quarter were at 7.33%, which equates to an annual appreciation rate of 32.69%.

Importantly, this makes Sebring one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Florida, our data show that Sebring's latest annual appreciation rate is higher than 90% of the other cities and towns in Florida.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Sebring differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sebring - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Sebring real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$207,093

Sebring, FL Home Prices
> $1,580,000
$1,185,001 - $1,580,000
$790,001 - $1,185,000
$632,001 - $790,000
$474,001 - $632,000
$316,001 - $474,000
$158,001 - $316,000
$79,001 - $158,000
$0 - $79,000
0.2%
0.2%
2.8%
2.8%
3.3%
3.3%
1.5%
1.5%
9.1%
9.1%
11.4%
11.4%
33.2%
33.2%
21.3%
21.3%
17.2%
17.2%
0% 100.0%
% of Homes
Very Low

for Florida

Low

for nation

Number of Homes And Apartments:

4,759

Sebring Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,537 / per month

Homeownership Rate

Owners
Renters
46.9%
46.9%
53.1%
53.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
18.0%
18.0%
82.0%
82.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
17.1%
17.1%
47.4%
47.4%
28.2%
28.2%
7.3%
7.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
52.9%
52.9%
6.5%
6.5%
14.3%
14.3%
18.7%
18.7%
6.6%
6.6%
1.0%
1.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.1%
4.1%
12.9%
12.9%
41.8%
41.8%
31.8%
31.8%
7.7%
7.7%
1.7%
1.7%
0% 100.0%
% of Homes