Is Tipton, 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 has remained a Seller's Market.
Housing Prices in Tipton, IN
How much do homes in Tipton, IN cost?
Median Sold Price
$201,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tipton was $201,000 in April 2024, up 21.8% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | - | N/A |
2 Bedrooms | $97.5K | $149.8K | +53.7% |
3 Bedrooms | $177.7K | $195K | +9.7% |
4 Bedrooms | $174.9K | $280K | +60.1% |
5+ Bedrooms | $157.5K | $287.5K | +82.5% |
Summary: Tipton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 53.7%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 60.1%, and 5+ bedroom homes increased by 82.5%.
Median Sold Price Compared To Nearby Cities
Cicero Township | $207.5K | $281K | +35.4% |
Tipton | $165K | $201K | +21.8% |
Housing Supply in Tipton, IN
How many homes are available in Tipton, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Summary: The Tipton real estate market had 22 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Tipton 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 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Tipton in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Tipton, IN
How long does it take to sell a home in Tipton, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 33 Days | +479.7% |
Summary: Homes in Tipton had an average of 33 days on market in Apr 2024, up by 479.7% compared to last year.
Breakdown of Home Sale Times
5 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, 8 homes were sold in Tipton; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.