Sebring, Florida

Highlands County Real Estate - Sebring

Sebring is in South Central Florida. It's population as recorded in the 2010 Census was 10,491. Sebring is approximately 49 miles from Lakeland (population 97,422) and around 40 miles from Winter Haven (population 33,874).

The median age for residents of Sebring is 47.3. Around 23.3% of Sebring households include school aged children and 44% of households include individuals aged 65 years or over. Census records indicate 75.9% of the Sebring population are White, 14.7% are Black or African American, .7% American Indian, 1.3% Asian and 2.6% are Two or more Races.

There are 5,623 housing units in Sebring. 1,183 (21%) of these were reported as vacant in the 2010 Census. Sebring is a tourist destination, 27.1% (321) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,562 residential rental units in Sebring. 2,095 of them were occupied in 2010 providing a residential rental vacancy rate of 17.9%.

Sebring links:

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Sebring is located in Highlands County. It has a population of approximately 10,491 people. The population increased -0.7% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, -0.7% for Highlands County and a 1.7% increase for the country as a whole. Sebring occupies 9.98 of the 1016.62 square miles in Highlands County. It had a population density of 1051.4 persons per square mile in 2010. This compared to 97.2 for the county, 350.6 for Florida and 87.4 for the country.

10.2% ( 5,623) of the 55,276 housing units in Highlands County are in Sebring (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Sebring has a 57.0% homeownership rate compared to Highlands County's 79.4% homeownership rate and Florida's rate of 69.0%.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 18,801,310 $630,738 2.7% $47,827 9,026,965 $188,600
Highlands County 98,786 $1,496 -0.7% $34,913 55,276 $115,600
Sebring 10,491 $723-0.7%$30,319 5,623$107,200

Sebring's medium household income in 2011 was $30,319. Highlands County's medium household income was $34,913, which is lower than the medium income for Florida as a whole: $47,827. 21.9% of the population in Sebring lives below the poverty line, compared to 14.7% in Florida, 18.3% of the population in Highlands County and 14.3% nationwide. Additional Information:

Sebring Economic Activity

The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Sebring. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $723 million, Sebring's economic activity represents 48.34% of Highlands County's $1,496MM in economic activity. Highlands County represents 0.24% of the Florida economy.

Sebring Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $0 0.0%
Merchant wholesaler sales $41 5.7%
Retail sales $638 88.2%
Accommodation and food services sales $44 6.1%
Total $723100%

Highlands County Regional Comparisons

Economic Indicators
CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Avon Park 8,836 $252-0.5%$28,189 4,162$88,300
Sebring 10,491 $723-0.7%$30,319 5,623$107,200

Highlands County is located in South Central Florida. This region is responsible for 0.5% of Florida's economic activity. Highlands County represents 44.1% of the region's economy.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Hardee County 27,731 $418 -0.8% $38,046 9,599 $104,100
Highlands County 98,786 $1,496 -0.7% $34,913 55,276 $115,600
Okeechobee County 39,996 $563 -1.3% $36,929 18,656 $124,300
DeSoto County 34,862 $305 -0.4% $36,407 14,617 $114,900
Glades County 12,884 $18 1.7% $39,611 7,082 $95,200
Hendry County 39,140 $595 -4.3% $37,989 14,687 $103,400
Total 250,375 $3,395 -1.0% $37,316 119,917 $109,583

Sebring Real Estate

There are 25,849 properties in Sebring. The following table shows a summary of them based on 2014 sales data.

Sebring Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 1,549 5.99 12 $252,000 $106February 1st, 2014September 1st, 2014
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 1,030 3.98 3 $35,500 $12January 1st, 2014March 1st, 2014
Health Care 4 0.02 0n/an/an/an/a
Hotel & Motel 530 2.05 2 $112,450 $137July 1st, 2014August 1st, 2014
Industrial 238 0.92 13 $159,900 $124January 1st, 2014August 1st, 2014
Miscellaneous Property 93 0.36 0n/an/an/an/a
Mobile/Manufactured 2,811 10.87 152 $31,750 $37January 1st, 2014September 1st, 2014
Multifamily 490 1.90 26 $80,050 $32February 1st, 2014September 1st, 2014
Office 260 1.01 11 $220,000 $81January 1st, 2014August 1st, 2014
Residential 17,752 68.68 945 $70,000 $46January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 477 1.85 16 $553,650 $64January 1st, 2014September 1st, 2014
Senior Housing 259 1.00 0n/an/an/an/a
Special Purpose 315 1.22 3 $91,500 $43March 1st, 2014June 1st, 2014
Sports & Entertaining 41 0.16 5 $545,000 $159January 1st, 2014August 1st, 2014

Agricultural Real Estate in Sebring, Florida

1,549( 5.99%) of the properties in Sebring are classified as Agricultural. 12 of them sold between February 1st, 2014 and September 1st, 2014. The total value of these sales was $3,847,600. The median sales price was $252,000. In 2014 the median sales price for Agricultural in Sebring was $106 per sq ft.

Commercial Real Estate in Sebring, Florida

0( .00%) of the properties in Sebring are classified as Commercial.

Government Real Estate in Sebring, Florida

1,030( 3.98%) of the properties in Sebring are classified as Government. 3 of them sold between January 1st, 2014 and March 1st, 2014. The total value of these sales was $119,500. The median sales price was $35,500. In 2014 the median sales price for Government Property in Sebring was $12 per sq ft.

Health Care Real Estate in Sebring, Florida

4( .02%) of the properties in Sebring are classified as Health Care.

Hotel & Motel Real Estate in Sebring, Florida

530( 2.05%) of the properties in Sebring are classified as Hotel & Motel. 2 of them sold between July 1st, 2014 and August 1st, 2014. The total value of these sales was $224,900. The median sales price was $112,450. In 2014 the median sales price for Hotel & Motel in Sebring was $137 per sq ft.

Industrial Real Estate in Sebring, Florida

238( .92%) of the properties in Sebring are classified as Industrial. 13 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $3,132,900. The median sales price was $159,900. In 2014 the median sales price for Industrial in Sebring was $124 per sq ft.

Miscellaneous Real Estate in Sebring, Florida

93( .36%) of the properties in Sebring are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Sebring, Florida

2,811( 10.87%) of the properties in Sebring are classified as Mobile/Manufactured. 152 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $5,681,800. The median sales price was $31,750. In 2014 the median sales price for A Class Mobile/Manufactured in Sebring was $57 per sq ft, B Class properties sold for $37/ft and C Class $14/ft.

Multifamily Real Estate in Sebring, Florida

490( 1.90%) of the properties in Sebring are classified as Multifamily. 26 of them sold between February 1st, 2014 and September 1st, 2014. The total value of these sales was $3,372,000. The median sales price was $80,050. In 2014 the median sales price for A Class Multifamily in Sebring was $46 per sq ft, B Class properties sold for $32/ft and C Class $15/ft.

Office Real Estate in Sebring, Florida

260( 1.01%) of the properties in Sebring are classified as Office. 11 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $8,730,800. The median sales price was $220,000. In 2014 the median sales price for Office in Sebring was $81 per sq ft.

Residential Real Estate in Sebring, Florida

17,752( 68.68%) of the properties in Sebring are classified as Residential. 945 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $84,973,096. The median sales price was $70,000. In 2014 the median sales price for A Class Residential in Sebring was $70 per sq ft, B Class properties sold for $46/ft and C Class $24/ft.

Residential Real Estate in Sebring, Florida

0( .00%) of the properties in Sebring are classified as Residential.

Retail Real Estate in Sebring, Florida

477( 1.85%) of the properties in Sebring are classified as Retail. 16 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $67,220,900. The median sales price was $553,650. In 2014 the median sales price for Retail in Sebring was $64 per sq ft.

Senior Housing Real Estate in Sebring, Florida

259( 1.00%) of the properties in Sebring are classified as Senior Housing.

Special Purpose Real Estate in Sebring, Florida

315( 1.22%) of the properties in Sebring are classified as Special Purpose. 3 of them sold between March 1st, 2014 and June 1st, 2014. The total value of these sales was $866,600. The median sales price was $91,500. In 2014 the median sales price for Special Purpose in Sebring was $43 per sq ft.

Sports & Entertaining Real Estate in Sebring, Florida

41( .16%) of the properties in Sebring are classified as Sports & Entertaining. 5 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $6,092,400. The median sales price was $545,000. In 2014 the median sales price for Sports & Entertaining in Sebring was $159 per sq ft.

Sebring, Highlands County Market Data

Sebring Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 1,515 1,453,719
Government Property 2,337 1,822,779
Health Care 5 394,941
Hotel & Motel 496 561,191
Industrial 221 1,815,204
Land 23,801 272,173
Miscellaneous Property 92 1,672,138
Mobile/Manufactured 2,753 2,719,756
Multifamily 464 1,768,385
Office 237 1,210,937
Residential 17,818 33,350,689
Retail 445 4,483,335
Senior Housing 257 802,176
Special Purpose 313 1,865,564
Sports & Entertaining 35 158,280

Sebring Median Property Values per Sq Ft

Sebring Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Camp 2016 $778$30 $641$13 $39$9
Airport (private or commercial), bus terminal, marine terminal, pier or marina. 2016 $122$13 $72$8 $28$5
Auto sales, auto repair and storage or auto service shop 2016 $198$16 $61$8 $20$5
Bowling alley, skating rink, pool hall or enclosed arena 2016 $778$30 $641$13 $39$9
Centrally assessed 2016 $43$19 $28$6 $18$3
Church 2016 $142$13 $60$8 $26$5
Club, lodge or union hall 2016 $142$13 $60$8 $26$5
Community Shopping Center 2016 $198$16 $61$8 $20$5
Condominium 2016 $96$16 $60$16 $42$16
Cooperative 2016 $87$16 $59$16 $35$16
County Owned 2016 $142$28 $60$12 $26$6
Cropland soil capability Class III 2016 $97$11 $36$8 $17$6
Cultural organization, facility 2016 $142$13 $60$8 $26$5
Drive-in Restaurant 2016 $198$16 $61$8 $20$5
Federal Owned 2016 $43$28 $28$12 $18$6
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $198$16 $61$8 $20$5
Florist or greenhouse 2016 $778$16 $641$8 $39$5
Forest, park or recreational area 2016 $142$28 $60$12 $26$6
Golf course or driving range 2016 $150$30 $47$13 $47$9
Grazing land soil capability Class IV 2016 $143$11 $68$8 $37$6
Home for the aged 2016 $142$6 $60$5 $26$5
Hotel or motel 2016 $150$33 $47$33 $47$33
Insurance company office 2016 $198$16 $61$13 $20$9
Leasehold interests (government owned property leased by a non-governmental lessee) 2016 $43$19 $28$6 $18$3
Light manufacturing 2016 $97$7 $36$5 $17$4
Lumber yard, sawmill or planing mill 2016 $97$7 $36$5 $17$4
Mineral processing, cement plant,refinery, clay plants or gravel plant 2016 $97$7 $36$5 $17$4
Miscellaneous Residential (migrant camp or boarding home.) 2016 $829$33 $24$33 $13$33
Mixed use - store and office or store and residential or residential combination 2016 $198$16 $61$8 $20$5
Mobile Home 2016 $60$6 $42$6 $27$6
Mortuary, cemetery or crematorium 2016 $142$13 $60$8 $26$5
Multi-family - 10 units or more 2016 $62$6 $36$4 $23$3
Multi-family - less than 10 units 2016 $62$6 $38$4 $23$3
Municipal Owned 2016 $43$28 $28$12 $18$6
Nightclub, cocktail lounge or bar 2016 $778$30 $641$13 $39$9
Office building, non-professional service building, multi-story 2016 $122$16 $72$13 $28$9
Office building, non-professional service building, one story 2016 $122$16 $72$13 $28$9
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 2016 $97$7 $36$5 $17$4
Orchard Groves, Citrus, etc. 2016 $143$11 $68$8 $37$6
Ornamentals, miscellaneous agricultural 2016 $143$11 $68$8 $37$6
Orphanage, other non-profit or charitable services 2016 $142$13 $60$8 $26$5
Parking lot (commercial or patron) or mobile home park 2012 $993$0 $579$0 $151$0
Poultry, bees, tropical fish, rabbits, etc. 2016 $143$11 $68$8 $37$6
Private school or college 2016 $142$13 $60$8 $26$5
Privately owned hospital 2016 $142$25 $60$17 $26$11
Professional service building 2016 $122$16 $72$13 $28$9
Public county school 2016 $142$28 $60$12 $26$6
Regional Shopping Center 2016 $198$16 $61$8 $20$5
Repair service shop (excluding automotive) 2016 $198$16 $61$8 $20$5
Restaurant, cafeteria 2016 $198$16 $61$8 $20$5
Retirement Home not eligible for exemption. 2016 $420$6 $320$5 $258$5
Sanitarium or convalescent rest home 2016 $142$25 $60$17 $26$11
Service station 2016 $198$16 $61$8 $20$5
Single Family 2016 $83$16 $59$16 $35$16
State Owned 2016 $142$28 $60$12 $26$6
Store, one story 2016 $198$16 $61$8 $20$5
Supermarket 2016 $198$16 $61$8 $20$5
Timberland - site index 50 to 59 2016 $143$11 $68$8 $37$6
Tourist attraction, permanent exhibit or other entertainment facilities 2016 $778$30 $641$13 $39$9
Utility 2016 $43$19 $28$6 $18$3
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $97$7 $36$5 $17$4