Is Tipton County, IN 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, Tipton County has remained a Seller's Market.
Housing Prices in Tipton County, IN
How much do homes in Tipton County, IN cost?
Median Sold Price
$195,000
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tipton County was $195,000 in April 2024, up 10.8% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $164.9K | +17.8% |
2 Bedrooms | $109K | $140.9K | +29.3% |
3 Bedrooms | $185K | $197K | +6.5% |
4 Bedrooms | $250K | $260K | +4.0% |
5+ Bedrooms | $290K | $90K | -69.0% |
Summary: Tipton County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.8%, 2 bedroom homes increased by 29.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 69%.
Median Sold Price Compared To Nearby Counties
Tipton County | $176K | $195K | +10.8% |
Madison County | $170K | $185.3K | +8.9% |
Hamilton County | $399.9K | $415.7K | +4.0% |
Housing Supply in Tipton County, IN
How many homes are available in Tipton County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 41 | +17.1% |
Summary: The Tipton County real estate market had 41 homes for sale in April 2024, a 17.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Tipton County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Tipton County in April 2024, up by 25.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for Tipton County, IN
How long does it take to sell a home in Tipton County, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 24 Days | -51.5% |
Summary: Homes in Tipton County had an average of 24 days on market in Apr 2024, down by 51.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Tipton County; 53% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.