$3,741 Closing Credit*
$315,000
1,350 SqFt
3 Beds
•2 Full Baths
Listing Office: simpliHOM
Is Sequatchie County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sequatchie County has remained a Seller's Market.
Key Takeaway
Sequatchie County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sequatchie County, TN
How much do homes in Sequatchie County, TN cost?
Median Sold Price
$262,333
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,083(+0.4%)
Key Takeaway
The sold price of homes in Sequatchie County has remained the same since last year.
Summary: The median home sold price in Sequatchie County was $262,333 in October 2024, up 0.4% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182K | $185K | +1.6% |
| 2 Bedrooms | $139.9K | $197K | +40.8% |
| 3 Bedrooms | $263.7K | $267K | +1.2% |
| 4 Bedrooms | $399K | $329.4K | -17.4% |
| 5+ Bedrooms | $542K | $255.9K | -52.8% |
Summary: Sequatchie County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes increased by 40.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 52.8%.
Median Sold Price Compared To Nearby Counties
| Marion County | $270K | $301.2K | +11.6% |
| Hamilton County | $350.2K | $369.8K | +5.6% |
| Bledsoe County | $236K | $248.5K | +5.3% |
| Sequatchie County | $261.2K | $262.3K | 0.4% |
| Grundy County | $288.7K | $290K | 0.4% |
Housing Supply in Sequatchie County, TN
How many homes are available in Sequatchie County, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 178 | 166 | -6.7% |
Summary: The Sequatchie County real estate market had 166 homes for sale in October 2024, a 6.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 25 | 23 | -8.0% |
| 3 Bedrooms | 104 | 98 | -5.8% |
| 4 Bedrooms | 36 | 33 | -8.3% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Sequatchie County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 30 | -14.3% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
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 30 homes were sold or pending in Sequatchie County in October 2024, down by 14.3% month-over-month. Of the 30 sold homes, 73% were sold under asking, 23% were sold at asking, and 3% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 47 Days | +133.7% |
Summary: Homes in Sequatchie County had an average of 47 days on market in Oct 2024, up by 133.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sequatchie County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in Sequatchie County; 23% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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