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 1,909 people, 861 houses or apartments, and a median cost of homes of $352,128, Seymour real estate is some of the most expensive in Missouri, although Seymour home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Seymour, accounting for 70.52% of the city's housing units. Other types of housing that are prevalent in Seymour include large apartment complexes or high rise apartments ( 11.44%), duplexes, homes converted to apartments or other small apartment buildings ( 9.59%), and a few mobile homes or trailers ( 8.04%).
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 61.41% owning and 38.59% 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 2000 and later ( 24.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.96%). There's also some housing in Seymour built before 1939 ( 14.33%).
Vacant housing appears to be an issue in Seymour. Fully 11.24% of the housing stock is classified as vacant. Left unchecked, vacant Seymour homes and apartments can be a drag on the real estate market, holding Seymour real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Seymour has experienced some of the highest home appreciation rates of any community in the nation. Seymour real estate appreciated 143.48% over the last ten years, which is an average annual home appreciation rate of 9.31%, putting Seymour in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Seymour definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Seymour that despite a nationwide downturn in the housing market, Seymour real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Seymour appreciation rates continue to be some of the highest in America, at 5.36%, which is higher than appreciation rates in 74.89% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Seymour. Seymour appreciation rates in the latest quarter were at 3.59%, which equates to an annual appreciation rate of 15.16%.
Importantly, this makes Seymour one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Missouri, our data show that Seymour's latest annual appreciation rate is lower than 50% of the other cities and towns in Missouri.
$352,128
for Missouri
for nation
861
$951 / per month