Sebastian

Sebastian offers a compelling value proposition in the Florida real estate market, presenting a more accessible point of entry with a distinct lifestyle compared to its neighbors. In 2023, the median property value in Sebastian was $281,700—a figure that continues to represent significant value, especially when considering the city's steady growth and high homeownership rate of 83.5%. The area has seen consistent year-over-year growth in key economic indicators, including a 1.95% population increase and a notable 10.1% rise in median property values. Sebastian's economy is anchored by industries such as Health Care, Retail Trade, and Professional Services, supporting a community with a median household income of $68,863. This financial stability, combined with Florida's favorable tax climate, makes Sebastian an attractive location for both working professionals and those planning for retirement.

The lifestyle in Sebastian is defined by a unique blend of small-town ambiance, rich history, and abundant access to nature. The city proudly embraces its origins as a historic fishing village located at the confluence of the St. Sebastian River and the Indian River Lagoon. Residents and visitors enjoy a wealth of outdoor activities, from boating and deep-sea fishing through the Sebastian Inlet to exploring ecological treasures like the Pelican Island National Wildlife Refuge, the first of its kind in the United States. Unlike more congested coastal cities, Sebastian maintains a laid-back "hometown" feel with amenities like an 18-hole municipal golf course, a city-owned airport, and direct access to miles of beaches. For those seeking a close-knit, amenity-rich community, Sebastian also features 55+ neighborhoods offering resort-style living with clubhouses, pools, and social events. This balance of natural beauty, recreational variety, and community spirit makes Sebastian not just a place to live, but a true "piece of paradise on the Indian River Lagoon".

Cost of Living & Housing Affordability

Sebastian offers a comparative advantage in affordability for Florida's Treasure Coast, with its overall cost of living about 3% lower than the national average. The median sale price for a home is $375,336 to $380,000, noticeably below the national median, and the income required for homeownership consumes a smaller portion of typical local wages compared to most U.S. markets, making it a financially attractive option. Homeowners also benefit from Florida's favorable tax climate, with no state income tax.

Job Market & Economic Opportunities

Sebastian enjoys a stable job market with a growing population and employment. The largest employment sectors for residents are Health Care & Social Assistance, Retail Trade, and Professional, Scientific, & Technical Services, the last of which offers the highest median earnings of approximately $98,000. The broader Sebastian-Vero Beach metro area adds stability with steady government employment and consistent growth in the large Education and Health Services sector. This is a region where high-paying management occupations are well-represented, including senior roles such as Chief Executives, Financial Managers, and Software Developers, with median annual wages for these positions well above $100,000.

Quality of Schools and Education Systems

Sebastian, Florida is served by the School District of Indian River County (SDIRC), a highly-ranked district that has earned three consecutive "A" ratings and now ranks 5th among Florida's 67 school districts. Families can be confident in the quality of local public schools, as 100% of non-charter district schools earned an A or B grade for the 2024-2025 school year, a standard of excellence across all levels. The district excels in early education, ranking 2nd in Florida for Grade 3 English Language Arts achievement and 2nd for Middle School Accelerated Performance. For secondary education, Sebastian River High School is an "A"-rated high school within the district and ranks 259th statewide. Students have access to advanced opportunities, as the district offers a robust Advanced Placement® program and the local middle school is an International Baccalaureate World School. The district also supports choice, with charter school options like Sebastian Charter Junior High School.

Lifestyle & Amenities

Sebastian offers a quintessential "laid-back lifestyle" defined by its stunning natural beauty, vibrant small-town community, and ample recreational opportunities. The city is a haven for outdoor enthusiasts, surrounded by pristine beaches like those at Sebastian Inlet State Park, the Indian River Lagoon for kayaking and boating, and the historic Pelican Island National Wildlife Refuge, the first of its kind in the U.S.. Residents enjoy a strong community spirit with regular events at the central Riverview Park, casual waterfront dining, a quaint downtown with local shops, and unique attractions like the Mel Fisher Treasure Museum. For those seeking an active retirement or family life away from the hustle and bustle, Sebastian provides amenities including an 18-hole municipal golf course, a city-owned airport, and easy access to larger cities while maintaining its relaxed, "fishing village" charm.