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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tipton County is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Tipton County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Tipton County, IN

How much do homes in Tipton County, IN cost?

Median Sold Price

$200,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$25,000(+14.3%)

Key Takeaway

Homes in Tipton County have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Tipton County was $200,000 in June 2024, up 14.3% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $140K$127.4K
-9.0%
2 $116.5K$126.2K
+8.3%
3 $179.5K$199.5K
+11.1%
4 $239K$261K
+9.2%
5+ $290K$200K
-31.0%

Summary: Tipton County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 31%.

Median Sold Price Compared To Nearby Counties

Tipton County
+14.3%
Hamilton County
+4.0%
Madison County
+3.7%

Housing Supply in Tipton County, IN

How many homes are available in Tipton County, IN?

Number of Homes For Sale

May 2024Jun 2024CHANGE
3134+9.7%

Summary: The Tipton County real estate market had 34 homes for sale in June 2024, a 9.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 21
-50.0%
2 45
+25.0%
3 1718
+5.9%
4 710
+42.9%
5+ 10
-100.0%

Summary: The Tipton County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

May 2024Jun 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tipton County, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Tipton County in June 2024, down by 25.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 67% were sold at asking, and 22% 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

Jun 2023Jun 2024CHANGE
37 Days6 Days-82.5%

Summary: Homes in Tipton County had an average of 6 days on market in Jun 2024, down by 82.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 9 homes were sold in Tipton County; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 26 Days Ago

Newest Listings in Tipton County, IN

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