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Sebring Local

Learn about the people, housing, costs and businesses in Sebring Local, Ohio

Median Home$89,938
Median Rent$1,200/month
Population4,144
Leading IndustriesRetail · Wholesale Trade · Finance & Insurance25% retail
Home Value Growth+7.3% over 2 years
Retirees34% of residentstop 2% nationally
Renters54% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
Sebring Local
OH

Frequently Asked Questions

What are today's mortgage rates in Sebring Local?

As of today, the 30-year fixed mortgage rate for Sebring Local is approximately 7.361% (7.413% 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 Sebring Local?

The median home value in Sebring Local is $90k. The median monthly rent is $1,200. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sebring Local?

Home values in Sebring Local have increased 7.3% over the past two years. This represents moderate growth. 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 Sebring Local?

Based on a typical all-in ownership cost of $921/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sebring Local is $50k/year.

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What industries drive the economy in Sebring Local?

The largest employment sectors in Sebring Local are retail (25%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.