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 November 2022

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

$352,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

+$15,500(+4.6%)

Key Takeaway

Homes in Seymour have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Seymour was $352,000 in November 2023, up 4.6% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $87.5K$170K
+94.3%
2 $239.9K$257K
+7.1%
3 $335K$349.4K
+4.3%
4 $400K$440K
+10.0%
5+ $775K$650K
-16.1%

Summary: Seymour housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 94.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 16.1%.

Median Sold Price Compared To Nearby Cities

Kodak
+7.9%
Seymour
+4.6%

Housing Supply in Seymour, TN

How many homes are available in Seymour, TN?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
8481-3.6%

Summary: The Seymour real estate market had 81 homes for sale in November 2023, a 3.6% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 1215
+25.0%
3 5751
-10.5%
4 1113
+18.2%
5+ 42
-50.0%

Summary: The Seymour housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
2616-38.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were 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. 68.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Seymour in November 2023, down by 38.5% month-over-month. Of the 16 sold homes, 69% were sold under asking, 19% were sold at asking, and 13% were sold over asking.

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

Report Updated 6 Days Ago

Newest Listings in Seymour, TN

Nearby Markets to Seymour, TN

What housing markets are near Seymour, TN?