Seymour, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Seymour Neighborhoods Since 2000




Seymour, CT Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Seymour Housing Market Information

With a population of 16,475, 6,119 total housing units (homes and apartments), and a median house value of $285,193, Seymour real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Seymour, accounting for 67.78% of the town's housing units. Other types of housing that are prevalent in Seymour include duplexes, homes converted to apartments or other small apartment buildings ( 15.33%), large apartment complexes or high rise apartments ( 13.40%), and a few row houses and other attached homes ( 3.11%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Seymour. Owner-occupied housing accounts for 72.84% of Seymour's homes, and 58.96% have either three or four bedrooms, which is average sized relative to America.

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 ( 31.45%). A lesser amount of the housing stock also hails from before 1939 ( 24.32%). There's also some housing in Seymour built between 2000 and later ( 10.09%).

Seymour Home Appreciation Rates

Homes have actually lost value in Seymour over the last then years, as home values have seen a decline of 28.29% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Seymour home appreciation rates at -0.47%, which equates to an annual appreciation rate of -1.86%.

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 0.25%, 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 -0.47%, which equates to an annual appreciation rate of -1.86%.

Relative to Connecticut, our data show that Seymour's latest annual appreciation rate is higher than 50% of the other cities and towns in Connecticut.

Average Home Values

 

Median Home Value:
$285,193

Seymour, CT HOME PRICES

Value Range
> $984,000 0.0
$738,001 - $984,000 0.3
$492,001 - $738,000 3.1
$394,001 - $492,000 10.1
$295,001 - $394,000 16.5
$197,001 - $295,000 41.5
$99,001 - $197,000 23.3
$49,001 - $99,000 4.2
$0 - $49,000 1.0

Average for CT
Very High for Nation

Value Relative to Nation Value Relative to State
17.8952302824329 44.3786982248521

Number Of Homes And Apartments:
6,119

Seymour Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
18.24% 0.98% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,378 / per month

Homeownership Rate

Homeownership
Owners 72.84
Renters 27.16
Vacant 7.97

Housing Market Details

 

Age of Homes

AGE OF Seymour HOMES
2000 or Newer 10.1
1970 - 1999 34.1
1940 - 1969 31.4
1939 or Older 24.3

Types of Homes

TYPE OF Seymour HOMES
Single-Family 67.8
Townhomes 3.1
Small Apt. Buildings 15.3
Apt. Complexes 13.4
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Seymour HOMES
No Bedroom 2.32
1 Bedroom 12.44
2 Bedrooms 24.30
3 Bedrooms 38.44
4 Bedrooms 20.51
5 or more bedrooms 1.99