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 August 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

How much do homes in Seymour, TN cost?

Median Sold Price

$351,500

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2022

+$16,500(+4.9%)

Key Takeaway

Homes in Seymour have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Seymour was $351,500 in August 2023, up 4.9% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $144.2K$111K
-23.1%
2 $260.7K$246.4K
-5.5%
3 $330K$346K
+4.8%
4 $395K$437.5K
+10.8%
5+ $732.5K$675K
-7.8%

Summary: Seymour housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 7.8%.

Median Sold Price Compared To Nearby Cities

Seymour
+4.9%
Kodak
0.4%
Walland
-10.1%

Housing Supply

How many homes are available in Seymour, TN?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE
7588+17.3%

Summary: The Seymour real estate market had 88 homes for sale in August 2023, a 17.3% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 11
0.0%
2 1112
+9.1%
3 4559
+31.1%
4 1414
0.0%
5+ 42
-50.0%

Summary: The Seymour housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 31.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE
1626+62.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 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. 53.8% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Seymour in August 2023, up by 62.5% month-over-month. Of the 26 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.

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

Report Updated 25 Days Ago

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Nearby Markets

What housing markets are near Seymour, TN?