Is Sequatchie County, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sequatchie County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sequatchie County was a Seller's Market.

Key Takeaway

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

Housing Prices in Sequatchie County, TN

How much do homes in Sequatchie County, TN cost?

Median Sold Price

$273,666

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,166(+6.3%)

Key Takeaway

Homes in Sequatchie County have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Sequatchie County was $273,666 in November 2024, up 6.3% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $243K$165K
-32.1%
2 $135K$197K
+45.9%
3 $260K$270K
+3.8%
4 $425K$329.4K
-22.5%
5+ $520K$475K
-8.7%

Summary: Sequatchie County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.1%, 2 bedroom homes increased by 45.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes decreased by 8.7%.

Median Sold Price Compared To Nearby Counties

Marion County
+12.8%
Bledsoe County
+8.2%
Sequatchie County
+6.3%
Hamilton County
+6.3%
Grundy County
0.0%

Housing Supply in Sequatchie County, TN

How many homes are available in Sequatchie County, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
169153-9.5%

Summary: The Sequatchie County real estate market had 153 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 2422
-8.3%
3 10391
-11.7%
4 3129
-6.5%
5+ 99
0.0%

Summary: The Sequatchie County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3215-53.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sequatchie County, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Sequatchie County in November 2024, down by 53.1% month-over-month. Of the 15 sold homes, 73% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for Sequatchie County, TN

How long does it take to sell a home in Sequatchie County, TN?

Average Sale Time

Nov 2023Nov 2024CHANGE
56 Days46 Days-18.9%

Summary: Homes in Sequatchie County had an average of 46 days on market in Nov 2024, down by 18.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sequatchie County has remained consistent over time.

Summary: During November 2024, 15 homes were sold in Sequatchie County; 13% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Sequatchie County, TN

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