Is Sequatchie County, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sequatchie County is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Sequatchie County has remained a Seller's Market.

Key Takeaway

Sequatchie County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Sequatchie County, TN cost?

Median Sold Price

$250,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$7,700(+3.2%)

Key Takeaway

Homes in Sequatchie County have sold for 3.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $210K$287.5K
+36.9%
2 $120K$150K
+25.0%
3 $220K$239.9K
+9.0%
4 $330K$390.9K
+18.5%
5+ $462.5K$537.5K
+16.2%

Median Sold Price Compared To Nearby Counties

Marion County
+32.9%
Bledsoe County
+19.4%
Hamilton County
+16.4%
Sequatchie County
+3.2%
Grundy County
-2.6%

How many homes are available in Sequatchie County, TN?

Number of Homes For Sale

Jul 2022Aug 2022%
117121+3.4%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 33
0.0%
2 1717
0.0%
3 6869
+1.5%
4 2021
+5.0%
5+ 911
+22.2%

Number of Homes Sold

Jul 2022Aug 2022%
2630+15.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sequatchie County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
5 Days27 Days+402.3%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sequatchie County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Sequatchie County, TN

Homes for sale in Sequatchie County, TN have reached 121. In August 2022 in Sequatchie County, TN there were 3.4% more homes for sale than in July 2022. Listings spent 27 days on the market in August 2022, and had a median list price of $250,000 during the same period. Real estate listing prices changed between July 2022 and August 2022: 1 bedroom properties became 36.9% more expensive, 2 bedrooms properties became 25% more expensive, prices of 3 bedrooms properties increased by 9%, 4 bedrooms properties prices increased by 18.5%, the cost of 5 bedrooms properties went up by 16.2%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went up by 1.5%, number of 4 bedrooms homes increased by 5%, the quantity of 5 bedrooms homes went up by 22.2%. Sequatchie County, TN housing market in August 2022 saw over 10 listings sold above listed price, more than 5 sold at listed price and over 15 sold below.

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