Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 21,618 people, 8,214 houses or apartments, and a median cost of homes of $173,223, house prices in Seymour are solidly below the national average.
Single-family detached homes are the single most common housing type in Seymour, accounting for 62.77% of the city's housing units. Other types of housing that are prevalent in Seymour include large apartment complexes or high rise apartments ( 17.62%), duplexes, homes converted to apartments or other small apartment buildings ( 9.93%), and a few mobile homes or trailers ( 7.68%).
The most prevalent building size and type in Seymour are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.64% owning and 43.36% renting.
There is a lot of housing in Seymour built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Seymour built between 1940-1969 ( 27.30%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.84%). There's also some housing in Seymour built before 1939 ( 15.61%).
Real estate appreciation rates in Seymour's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.83% during the period.
Over the last year, Seymour appreciation rates have trailed the rest of the nation. In the last twelve months, Seymour's appreciation rate has been 3.36%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Seymour were at 1.91%, which equates to an annual appreciation rate of 7.88%.
Relative to Indiana, our data show that Seymour's latest annual appreciation rate is lower than 80% of the other cities and towns in Indiana.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Seymour differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Seymour - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Seymour real estate investment or home purchase decisions.
$173,223
for Indiana
for nation
8,214
$1,472 / per month