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

Since last month, Sea Isle Park has remained a Buyer'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

$250,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$15,000(-5.7%)

Key Takeaway

Homes in Sea Isle Park have sold for 5.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$235K
N/A
2 --
N/A
3 $265K$235K
-11.3%
4 -$326K
N/A
5+ --
N/A

Summary: Sea Isle Park housing prices by bedroom type for October 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 11.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sea Isle Park, TN

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5372+35.8%

Summary: The Sea Isle Park real estate market had 72 homes for sale in October 2024, a 35.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 38
+166.7%
3 3142
+35.5%
4 1516
+6.7%
5+ 13
+200.0%

Summary: The Sea Isle Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 166.7%, 3 bedroom homes increased by 35.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was 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. 55.6% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Sea Isle Park in October 2024, up by 233.3% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% 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 12 Days Ago

Newest Listings in Sea Isle Park, TN

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