Is Sequatchie County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sequatchie County has remained a Seller's Market.
Housing Prices in Sequatchie County, TN
How much do homes in Sequatchie County, TN cost?
Median Sold Price
$253,500
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sequatchie County was $253,500 in April 2024, down 4.3% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $176.5K | $243K | +37.7% |
2 Bedrooms | $139.9K | $195K | +39.4% |
3 Bedrooms | $265K | $250K | -5.7% |
4 Bedrooms | $340K | $423.5K | +24.6% |
5+ Bedrooms | $800K | $255.9K | -68.0% |
Summary: Sequatchie County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.7%, 2 bedroom homes increased by 39.4%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes decreased by 68%.
Median Sold Price Compared To Nearby Counties
Marion County | $220.7K | $290K | +31.4% |
Grundy County | $280K | $335K | +19.6% |
Hamilton County | $348.4K | $355.9K | +2.2% |
Sequatchie County | $265K | $253.5K | -4.3% |
Bledsoe County | $237K | $226K | -4.6% |
Housing Supply in Sequatchie County, TN
How many homes are available in Sequatchie County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 119 | +20.2% |
Summary: The Sequatchie County real estate market had 119 homes for sale in April 2024, a 20.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 15 | 19 | +26.7% |
3 Bedrooms | 58 | 71 | +22.4% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Sequatchie County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 27 | +68.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Sequatchie County in April 2024, up by 68.8% month-over-month. Of the 27 sold homes, 41% were sold under asking, 37% were sold at asking, and 22% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
118 Days | 22 Days | -81.4% |
Summary: Homes in Sequatchie County had an average of 22 days on market in Apr 2024, down by 81.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Sequatchie County; 22% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.