Is Sea Isle Park, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sea Isle Park is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Sea Isle Park was a Seller's Market.

Key Takeaway

Sea Isle Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sea Isle Park, TN

How much do homes in Sea Isle Park, TN cost?

Median Sold Price

$217,500

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$17,500(-7.4%)

Key Takeaway

Homes in Sea Isle Park have sold for 7.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $235K-
N/A
2 --
N/A
3 $229.4K$195K
-15.0%
4 $326K$500K
+53.4%
5+ -$330K
N/A

Summary: Sea Isle Park housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 53.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Balmoral
-4.1%
Sea Isle Park
-7.4%

Housing Supply in Sea Isle Park, TN

How many homes are available in Sea Isle Park, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7072+2.9%

Summary: The Sea Isle Park real estate market had 72 homes for sale in November 2024, a 2.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 810
+25.0%
3 4241
-2.4%
4 1518
+20.0%
5+ 33
0.0%

Summary: The Sea Isle Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sea Isle Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Sea Isle Park in November 2024, down by 41.7% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Sea Isle Park, 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 10 Days Ago

Newest Listings in Sea Isle Park, TN

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