Is Sebastian, FL 32958 a buyer’s or seller’s market?

The Sebastian housing market right now

In the three months ending August 31, 2026, 9% of homes in Sebastian, FL 32958 sold above their list price, the typical home went under contract in 78 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 181 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold faster (87 days then) and the median sale price rose 2% to $351,098. Overall, Sebastian is more competitive than a year ago, so tougher for buyers.

Within Indian River County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Sebastian ranks #357 of 796 FL ZIP codes with enough sales (score 21 out of 100).

Nearby, buyers who want less competition could look at Vero Beach 32963 (1% sold over asking) or Vero Beach 32960 (3% sold over asking), while Fellsmere 32948 (13% sold over asking) and Vero Beach 32962 (12% sold over asking) are even more competitive.