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Sebastian

Learn about the people, housing, costs and businesses in Sebastian, Florida

Median Home$307,675
Median Rent$1,616/month
Population25,727
Leading IndustriesProfessional Services · Healthcare · Education4% professional services
Home Value Growth+10.6% over 2 years
Retirees38% of residentstop 2% nationally
Homeowners86% of occupied units
NotableAmenity Score71/100 · highly walkable area
NotableVeteran Community10% of residents · top 14% nationally
Sebastian
FL

Frequently Asked Questions

What are today's mortgage rates in Sebastian?

As of today, the 30-year fixed mortgage rate for Sebastian is approximately 6.896% (6.939% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sebastian?

The median home value in Sebastian is $308k. The median monthly rent is $1,616. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sebastian?

Home values in Sebastian have increased 10.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Sebastian?

Based on a typical all-in ownership cost of $1,055/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sebastian is $67k/year.

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What industries drive the economy in Sebastian?

The largest employment sectors in Sebastian are public administration (17%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.