Is Seymour, IN 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 May 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, IN

How much do homes in Seymour, IN cost?

Median Sold Price

$215,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$23,000(+12.0%)

Key Takeaway

Homes in Seymour have sold for 12% more than they did a year ago.

Summary: The median home sold price in Seymour was $215,000 in May 2024, up 12% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $91.5K$74.5K
-18.6%
2 $135.5K$142.1K
+4.9%
3 $199.7K$214.5K
+7.4%
4 $262K$275K
+5.0%
5+ $412.5K$421.7K
+2.2%

Summary: Seymour housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.6%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Cities

Redding Township
+15.4%
Seymour
+12.0%
Jackson Township
+2.5%

Housing Supply in Seymour, IN

How many homes are available in Seymour, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
86860.0%

Summary: The Seymour real estate market had 86 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 6058
-3.3%
4 1616
0.0%
5+ 45
+25.0%

Summary: The Seymour housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2522-12.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 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. 40.9% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Seymour in May 2024, down by 12.0% month-over-month. Of the 22 sold homes, 41% were sold under asking, 32% were sold at asking, and 27% were sold over asking.

Days on Market for Seymour, IN

How long does it take to sell a home in Seymour, IN?

Average Sale Time

May 2023May 2024CHANGE
26 Days43 Days+61.7%

Summary: Homes in Seymour had an average of 43 days on market in May 2024, up by 61.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 22 homes were sold in Seymour; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

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