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Sarah Mitchell

CNESRESABR

Compass Real Estate · Sebastian, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Sebastian, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Sebastian, FL Housing Market

Balanced market-0.3% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Sebastian, FL is worth $350,279, held roughly flat 0.3% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $355,000, +1.4% year over year (through May 2026). With 3.8 months of supply and homes going under contract in about 76 days, Sebastian is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $350,279 home is about $1,801/mo in principal and interest.

Key numbers for Sebastian, FL

Typical home value

$350,279

-0.3% in 12 months

Zillow, July 2026

Typical asking rent

$2,085/mo

Zillow Observed Rent Index

Zillow, July 2026

Median sale price

$355,000

+1.4% year over year

Redfin, through May 2026

Days on market

76

Slow-moving

Redfin, through May 2026

Active listings

185

3.8 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$68,863

Home costs 5.1x income

U.S. Census ACS, 2023

Sale-to-list ratio

96.4%

Selling below asking

Redfin, through May 2026

Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Sebastian a buyer's or seller's market?

Balanced market3.8 months of supply76 days on market96.4% of asking

Sebastian, FL is a balanced market, based on 3.8 months of supply and homes selling in about 76 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Sebastian housing market data show?

Every row below is Redfin's final published month for Sebastian, FL. Redfin, through May 2026

Housing market statistics for Sebastian, FL, Redfin through May 2026
MetricValue
Median sale price$355,000
Median list price$375,000
Year-over-year price change+1.4%
Median price per sq ft$216/sq ft
Median days on market76 days
Active inventory185 listings
Months of supply3.8 months
Sale-to-list price ratio96.4%
Homes sold (that month)49
New listings (that month)45
Listings with a price cut33.0%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Sebastian is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Sebastian is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Sebastian home prices moved?

Over the last three years the median sale price in Sebastian, FL fell 1.4%, from $360,000 to $355,000. The live Zillow value series has held roughly flat 0.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 33.0% of Sebastian listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.8 months while the sale-to-list ratio slips below its current 96.4%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Sebastian?

Priced off the typical home value of $350,279 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Sebastian, FL
Down paymentCash at closeLoan amountMonthly P&I
20%$70,056$280,223$1,801/mo
5%$17,514$332,765$2,138/mo

Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,801, that implies roughly $77,177 a year before you add taxes and insurance. The median household in Sebastian earns $68,863, about $8,314 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.1x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Sebastian in the next 12 months?

Tell us your timeline. We send the Sebastian market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Sebastian?

Typical asking rent in Sebastian, FL is $2,085/mo, against a typical home value of $350,279. That is a price-to-rent ratio of 14.0x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,801 a month — $284 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.

Zillow, July 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Sebastian?

Active listings in Sebastian, FL went from 239 in May 2025 to 185 in May 2026, a -22.6% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Sebastian, FL
MonthActive listingsNew listings
June 202524065
July 202523256
August 202520655
September 202520752
October 202519853
November 202520359
December 202519841
January 202621267
February 202622858
March 202621760
April 202621157
May 202618545

Redfin, through May 2026

How does Sebastian compare to Florida and the U.S.?

Sebastian homes sell for $355,00016% below the Florida median of $421,500. Against the national median of $410,700, Sebastian runs 14% lower. Year-over-year, Sebastian moved +1.4% against Florida's +2.6%a smaller swing than the state as a whole.

Sebastian, FL compared with Florida and the United States
MarketMedian sale priceYoYDays on market
Sebastian, FL$355,000+1.4%76 days
Florida statewide$421,500+2.6%66 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Sebastian

What buyers should watch

  • Months of supply, currently 3.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 33.0%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $338 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $350,279 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Sebastian listing goes under contract in 76 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 96.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Sebastian added 45 new listings against 49 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved -0.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Sebastian varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Sebastian

There are currently 185 homes listed for sale in Sebastian, Florida. The median listing price is $375K. Featured listings range from $69,900 to $720,000.

2 bedroom mobile home for sale at 207 Meanie Cir E Sebastian 32958 - $69,900
New Listing
18
$69,900

207 Meanie Cir E

Sebastian, FL 32958

2 bd2 ba
Mobile home
View photos & details
2 bedroom mobile home for sale at 917 Cypress St Sebastian 32976 - $179,900
New Listing
80
$179,900

917 Cypress St

Sebastian, FL 32976

2 bd2 ba1,604 sqft$112/ft²
Mobile home7,405 sqft lot

HOUSEMAX PRO REALTY

View photos & details
New Listing
$216,500

6165 98th Rd

Sebastian, FL 32958

2 bd2 ba1,107 sqft$196/ft²
Mobile home

Ron Purcell · EXP Realty, LLC

View photos & details
4 bedroom house for sale at 497 Bywood Ave Sebastian 32958 - $250,000
New Listing
6
$250,000

497 Bywood Ave

Sebastian, FL 32958

4 bd2 ba1,344 sqft$186/ft²
House

Rodney Hicks · RE/MAX Crown Realty

View photos & details
2 bedroom house for sale at 1479 Barefoot Cir Sebastian 32976 - $275,000
New Build
29
$275,000

1479 Barefoot Cir

Sebastian, FL 32976

2 bd2 ba
House6,098 sqft lot

Andraya Bell · RE/MAX Gold

View photos & details
2 bedroom house for sale at 12870 83rd Ave Sebastian 32958 - $408,900
New Listing
30
$408,900

12870 83rd Ave

Sebastian, FL 32958

2 bd3 ba2,103 sqft$194/ft²
House

Pedro Besares · EXIT Right Realty

View photos & details
3 bedroom house for sale at 526 Ponoka St Sebastian 32958 - $414,900
New Listing
20
$414,900

526 Ponoka St

Sebastian, FL 32958

3 bd2 ba2,044 sqft$203/ft²
House10,019 sqft lot

Brian Acri · New Home Star Florida LLC

View photos & details
3 bedroom house for sale at 144 Pelican Island Pl Sebastian 32958 - $422,181
New Build
14
$422,181

144 Pelican Island Pl

Sebastian, FL 32958

3 bd2 ba1,637 sqft$258/ft²
House
View photos & details
New Listing
$424,900

101 Joy Haven Dr

Sebastian, FL 32958

3 bd2 ba1,650 sqft$258/ft²
House

Jessica Maruzzella · Real Broker, LLC

View photos & details
4 bedroom house for sale at 408 Crows Nest Ct Sebastian 32958 - $491,595
New Build
13
$491,595

408 Crows Nest Ct

Sebastian, FL 32958

4 bd3 ba2,381 sqft$206/ft²
House
View photos & details
3 bedroom house for sale at 809 Yearling Trl Sebastian 32958 - $695,000
New Listing
34
$695,000

809 Yearling Trl

Sebastian, FL 32958

3 bd3 ba2,395 sqft$290/ft²
House12,632 sqft lot

Desiree Mccluskey · NextHome Exclusive Real Estate

View photos & details
3 bedroom house for sale at 717 W Fischer Cir Sebastian 32958 - $720,000
New Listing
12
$720,000

717 W Fischer Cir

Sebastian, FL 32958

3 bd3 ba2,208 sqft$326/ft²
House37,462 sqft lot

Carolyn Mac Evoy · Mac Evoy Real Estate Co

View photos & details

Looking to buy in Sebastian?

Get connected with a local real estate expert — free, no obligation.

Active listings

185

Homes on market

Median list price

$375K

Avg. days on market

76

Days until sale

New this week

45

Newly listed

Price drops:33.0%of listings
Sale-to-list:96.4%

How much do homes cost in Sebastian by property type?

How the Sebastian, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Sebastian, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$359,900$219/sq ft4775 days
Condo / co-op$207,000$180/sq ft187 days
Townhouse$327,650$216/sq ft195 days

Who lives in Sebastian?

American Community Survey estimates for Sebastian. U.S. Census ACS, 2023

Population

25,759

Households

11,512

Median income

$68,863/yr

Median age

57.6 years

Owner-occupied

83.5%

Median home value

$281,700

Median gross rent

$1,414/mo

Mean commute

32.3 min

83.5% of occupied homes in Sebastian are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $281,700 against Zillow's $350,279 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,414/mo, below Zillow's $2,085/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Sebastian?

7 schools tracked · 4,350 students

The largest public schools serving Sebastian, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

SEBASTIAN RIVER HIGH SCHOOL

Grades 9-12 · 1,791 students

Public

SEBASTIAN RIVER MIDDLE SCHOOL

Grades 6-8 · 838 students

Public

TREASURE COAST ELEMENTARY SCHOOL

Grades K-5 · 679 students

Public

PELICAN ISLAND ELEMENTARY SCHOOL

Grades PK-5 · 346 students

Public

SEBASTIAN ELEMENTARY SCHOOL

Grades PK-5 · 341 students

Public

SEBASTIAN CHARTER JUNIOR HIGH SCHOOL

Grades 6-8 · 296 students

Charter

WABASSO SCHOOL

Grades PK-12 · 59 students

Special ed

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Sebastian, FL?

Ordered by distance from Sebastian, not by size. Compare Sebastian side by side with any of them.

Which ZIP codes are in Sebastian?

These are the ZIP codes we see on active Sebastian listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Sebastian housing market FAQ

Is Sebastian a buyer's or seller's market?

Sebastian, FL is currently a balanced market. That read comes from 3.8 months of supply, homes going under contract in about 76 days, and sellers getting 96.4% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Sebastian?

The typical home in Sebastian, FL is worth $350,279 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $355,000, about $216 per square foot.

Is Sebastian cheaper than the rest of Florida?

Sebastian's median sale price of $355,000 is 16% lower than the Florida statewide median of $421,500, and 14% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Sebastian?

Homes in Sebastian, FL spent a median of 76 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Sebastian?

At the current 30-year fixed rate of 6.66%, 20% down on a $350,279 home is about $1,801 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $77,177 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $68,863.

Are home prices rising in Sebastian?

The typical home value in Sebastian, FL held roughly flat 0.3% over the last 12 months, from $351,437 to $350,279 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Sebastian?

Sebastian ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Sebastian?

That depends on your timeline, not on a headline. What the data says today: Sebastian, FL is a balanced market with 3.8 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 14.0x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.