Is Seymour, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Seymour has remained a Seller's Market.
Key Takeaway
Seymour is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seymour, IN
How much do homes in Seymour, IN cost?
Median Sold Price
$205,211
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Seymour have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Seymour was $205,211 in March 2024, up 11.3% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $78.5K | $77K | -1.9% |
| 2 Bedrooms | $135K | $145K | +7.4% |
| 3 Bedrooms | $192.5K | $199.9K | +3.9% |
| 4 Bedrooms | $206.5K | $270K | +30.8% |
| 5+ Bedrooms | $277.5K | $437.2K | +57.6% |
Summary: Seymour housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 57.6%.
Median Sold Price Compared To Nearby Cities
| Redding Township | $207K | $246.4K | +19.1% |
| Seymour | $184.3K | $205.2K | +11.3% |
| Jackson Township | $195K | $195.5K | 0.3% |
Housing Supply in Seymour, IN
How many homes are available in Seymour, IN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 72 | 89 | +23.6% |
Summary: The Seymour real estate market had 89 homes for sale in March 2024, a 23.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 44 | 55 | +25.0% |
| 4 Bedrooms | 15 | 22 | +46.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Seymour housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 25 | +92.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seymour, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Seymour in March 2024, up by 92.3% month-over-month. Of the 25 sold homes, 48% were sold under asking, 36% were sold at asking, and 16% were sold over asking.
Days on Market for Seymour, IN
How long does it take to sell a home in Seymour, IN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 29 Days | -30.7% |
Summary: Homes in Seymour had an average of 29 days on market in Mar 2024, down by 30.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seymour are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 25 homes were sold in Seymour; 72% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.