Is Tippecanoe County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tippecanoe County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Tippecanoe County has remained a Seller's Market.

Key Takeaway

Tippecanoe County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Tippecanoe County, IN cost?

Median Sold Price

$235,000

$147/sqft

Based on all homes sold in February 2023.

Difference Since Last Month

+$100(0.0%)

Key Takeaway

The sold price of homes in Tippecanoe County has remained the same since last month.

Median Sold Price By Bedroom Count

# BEDSJan 2023Feb 2023%
1 --
N/A
2 $145K$144K
-0.7%
3 $225K$218K
-3.1%
4 $305K$290K
-4.9%
5+ $394K$647K
+64.2%

Median Sold Price Compared To Nearby Counties

Tippecanoe County
0.0%
Warren County
-27.0%

How many homes are available in Tippecanoe County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%
310331+6.8%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 02
+100.0%
2 4338
-11.6%
3 162171
+5.6%
4 7892
+17.9%
5+ 2728
+3.7%

Number of Homes Sold

Jan 2023Feb 2023%
92920.0%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tippecanoe County, you may be able to get a good deal. 47.3% of homes here sold below asking price last month.

Average Sale Time

Jan 2023Feb 2023%
18 Days-32 Days-277.8%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tippecanoe County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Tippecanoe County, IN

Tippecanoe County, IN has 331 homes for sale to choose from. The inventory of homes for sale in Tippecanoe County, IN between January 2023 and February 2023 increased by 6.8%. While the average time on the market in February 2023 was -32 days, the median list price was $235,000. Listing prices have changed in this real estate market between February 2022 and February 2023: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties decreased by 0.7%, prices of 3 bedrooms properties went down by 3.1%, prices of 4 bedrooms properties decreased by 4.9%, 5 bedrooms properties became 64.2% more expensive. Volume of homes for sale changed: the quantity of 1 bedroom homes went up by 100%, volume of 2 bedrooms homes went down by 11.6%, 3 bedrooms homes became 5.6% more available, 4 bedrooms homes became 17.9% more available, number of 5 bedrooms homes increased by 3.7%. While more than 24 listings in Tippecanoe County, IN in February 2023 were sold above asking price, there were more than 24 listings sold at asking price, and more than 43 were sold below.

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