Similar to its nearby areas, it is substantially less expensive compared to the entire country. However compared to the city of Cleveland, it is a little more expensive.
Home prices
The median home in Sebring costs $82,400. In comparison to other places in this area it is about $3,640 (4%) lower.It is about $135,100 (62%) lower in comparison to the US as a whole, and in comparison to the city of Cleveland is roughly $12,800 (18%) higher.
Rents
Sebring's median monthly rent is $668. This is roughly $42 (5%) lower compared to its nearby areas.It is about $394 (37%) lower in comparison to the US as a whole, and in comparison to the city of Cleveland it is approximately $51 (7%) lower.
Nearby places
Maple Ridge
Maple Ridge is Sebring's neighbor to the west. The housing prices there are similar. The median home in Maple Ridge is valued at $82,400, which is very similar to Sebring. Rents there are a bit more expensive. Maple Ridge's median rent is $753 a month, which works out to $85 (11%) higher than Sebring.
Beloit
Beloit is Sebring's neighbor to the east. The real estate prices there are a bit less expensive. The median home in Beloit costs $71,700, which comes out to $10,700 (14%) lower than Sebring. Rents there are a bit less expensive. Beloit's median monthly rent is $583, which comes out to $85 (14%) lower than Sebring.
Alliance
Alliance is about 4 miles west of Sebring. The real estate prices there are pretty similar. The median home in Alliance is valued at $81,400, which is $1,000 (1%) lower than Sebring. Its rents are somewhat more expensive. In Alliance the median monthly rent is $705, which comes out to $37 (5%) higher than Sebring.
Homeworth
Homeworth is about 5 miles south from Sebring. The real estate prices there are a little more expensive. The median home in Homeworth costs $118,600, which is $36,200 (30%) higher than Sebring. Rents there are similar. Homeworth's median monthly rent is $644, which comes out to $24 (3%) lower than Sebring.
Limaville
Limaville is roughly 7 miles northwest of Sebring. Its housing prices are a little less expensive. The price of the median home in Limaville is $76,100, which comes out to $6,300 (8%) lower than Sebring. Rents there are somewhat more expensive. The median monthly rent in Limaville is $864, which works out to $196 (22%) higher than Sebring.
