Is Seymour, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seymour is a seller's market

Buyer's
Market

Difference Since February 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, TN

How much do homes in Seymour, TN cost?

Median Sold Price

$360,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$15,000(+4.3%)

Key Takeaway

Homes in Seymour have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Seymour was $360,000 in February 2024, up 4.3% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $50K$170K
+240.0%
2 $275K$257K
-6.5%
3 $335K$355K
+6.0%
4 $415K$461.6K
+11.2%
5+ $725K$575K
-20.7%

Summary: Seymour housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 240%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 20.7%.

Median Sold Price Compared To Nearby Cities

Walland
+14.5%
Kodak
+13.4%
Seymour
+4.3%

Housing Supply in Seymour, TN

How many homes are available in Seymour, TN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7384+15.1%

Summary: The Seymour real estate market had 84 homes for sale in February 2024, a 15.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 107
-30.0%
3 5059
+18.0%
4 1015
+50.0%
5+ 33
0.0%

Summary: The Seymour housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1315+15.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seymour, 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 Seymour in February 2024, up by 15.4% month-over-month. Of the 15 sold homes, 53% were sold under asking, 40% were sold at asking, and 7% were sold over asking.

Days on Market for Seymour, TN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 28 Days Ago

Newest Listings in Seymour, TN

Nearby Markets to Seymour, TN

What housing markets are near Seymour, TN?