The typical owner-occupied home in Seymour is worth about $135,700, 48% below the Illinois median of $263,300 and 59% below the national median of $332,700. Owners pay a median $2,429 a year in property taxes, about 1.79% of their home's value, lower than the Illinois rate of 2.01%. The median household earns $36,063 a year, so the median home costs 3.8 times the median income (3.2 times for Illinois). 72% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.
Seymour at a glance
| Seymour | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $135,700 | $263,300 | $332,700 |
| Median property tax paid per year | $2,429 | $5,298 | $3,119 |
| Property tax as a share of value | 1.79% | 2.01% | 0.94% |
| Median household income | $36,063 | $83,390 | $80,734 |
| Homes lived in by their owners | 72% | 67% | 65% |
| Owner homes with a mortgage | 54% | 61% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 43.9% | 20.6% | 21.0% |
| Median rent | – | $1,274 | $1,413 |
| Median year homes were built | 1959 | 1971 | 1980 |
| Vacant homes | 23.4% | 7.7% | 10.1% |
| Population | 270 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Seymour
At this week's average 30-year rate of 7.11%, buying the median Seymour home of $135,700 with 20% down costs about $989 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,215, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $42,396 for the 20%-down payment. That payment is 33% of the median Seymour household income of $36,063; at that income and 20% down, the 28% guideline points to a home of about $115,000.
| Down payment | $27,140 |
|---|---|
| Loan amount | $108,560 |
| Principal and interest | $730 |
| Property taxes (1.79% a year) | $202 |
| Homeowners insurance (our estimate, 0.5% a year) | $57 |
| PMI | $0 |
| Total per month | $989 |
Change the numbers in the calculator
| Down payment | $4,750 |
|---|---|
| Loan amount | $133,242 |
| Principal and interest | $896 |
| Property taxes (1.79% a year) | $202 |
| Homeowners insurance (our estimate, 0.5% a year) | $57 |
| FHA mortgage insurance | $60 |
| Total per month | $1,215 |
Change the numbers in the calculator
Questions about home buying in Seymour
What is the median home value in Seymour?
About $135,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Seymour?
Homeowners pay a median $2,429 a year, which is about 1.79% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Seymour?
For the median home with 20% down at 7.11%, the payment is about $989 a month. Keeping that under 28% of gross income takes about $42,396 a year.
More about Seymour
- Mortgage Refinance in Seymour
- Debt Relief in Seymour
- Home Equity Loans in Seymour
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data