Is Seymour, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seymour is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Seymour, TN

How much do homes in Seymour, TN cost?

Median Sold Price

$380,500

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,500(+8.7%)

Key Takeaway

Homes in Seymour have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Seymour was $380,500 in November 2024, up 8.7% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $170K-
N/A
2 $257K$264.9K
+3.1%
3 $348.4K$380K
+9.1%
4 $441.7K$410K
-7.2%
5+ $650K$629.9K
-3.1%

Summary: Seymour housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Cities

Seymour
+8.7%
Kodak
+2.6%

Housing Supply in Seymour, TN

How many homes are available in Seymour, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8182+1.2%

Summary: The Seymour real estate market had 82 homes for sale in November 2024, a 1.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 107
-30.0%
3 5458
+7.4%
4 1615
-6.3%
5+ 01
+100.0%

Summary: The Seymour 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 30%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
157-53.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Seymour in November 2024, down by 53.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Seymour, TN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days23 Days+1.1%

Summary: Homes in Seymour had an average of 23 days on market in Nov 2024, up by 1.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 7 homes were sold in Seymour; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 2 Days Ago

Newest Listings in Seymour, TN

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