Is Sequatchie County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sequatchie County was a Seller's Market.
Key Takeaway
Sequatchie County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sequatchie County, TN
How much do homes in Sequatchie County, TN cost?
Median Sold Price
$250,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sequatchie County have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Sequatchie County was $250,000 in March 2024, down 3.8% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $243K | +203.8% |
| 2 Bedrooms | $139.4K | $184.5K | +32.3% |
| 3 Bedrooms | $260K | $250K | -3.8% |
| 4 Bedrooms | $322K | $399K | +23.9% |
| 5+ Bedrooms | $812.5K | $540.7K | -33.4% |
Summary: Sequatchie County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 203.8%, 2 bedroom homes increased by 32.3%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes decreased by 33.4%.
Median Sold Price Compared To Nearby Counties
| Marion County | $220K | $283.5K | +28.9% |
| Grundy County | $265K | $325K | +22.6% |
| Hamilton County | $343.2K | $352.4K | +2.7% |
| Bledsoe County | $237K | $230K | -3.0% |
| Sequatchie County | $259.9K | $250K | -3.8% |
Housing Supply in Sequatchie County, TN
How many homes are available in Sequatchie County, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 80 | 100 | +25.0% |
Summary: The Sequatchie County real estate market had 100 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 39 | 56 | +43.6% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Sequatchie County 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 5.6%, 3 bedroom homes increased by 43.6%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sequatchie County, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Sequatchie County in March 2024, up by 25.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 13% were sold at asking, and 33% were sold over asking.
Days on Market for Sequatchie County, TN
How long does it take to sell a home in Sequatchie County, TN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 191 Days | +419.4% |
Summary: Homes in Sequatchie County had an average of 191 days on market in Mar 2024, up by 419.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Sequatchie County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 15 homes were sold in Sequatchie County; 0% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.