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 March 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

$185,000

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,500(+5.4%)

Key Takeaway

Homes in Tipton County have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Tipton County was $185,000 in March 2024, up 5.4% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $140K$164.9K
+17.8%
2 $109K$143.3K
+31.5%
3 $182.5K$192.4K
+5.5%
4 $250K$228K
-8.8%
5+ $290K$100K
-65.5%

Summary: Tipton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.8%, 2 bedroom homes increased by 31.5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 65.5%.

Median Sold Price Compared To Nearby Counties

Madison County
+10.9%
Howard County
+5.9%
Tipton County
+5.4%
Hamilton County
+5.0%

Housing Supply in Tipton County, IN

How many homes are available in Tipton County, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3335+6.1%

Summary: The Tipton County real estate market had 35 homes for sale in March 2024, a 6.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 35
+66.7%
3 1616
0.0%
4 1212
0.0%
5+ 21
-50.0%

Summary: The Tipton County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
615+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tipton County, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Tipton County in March 2024, up by 150.0% month-over-month. Of the 15 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% 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

Mar 2023Mar 2024CHANGE
64 Days29 Days-53.3%

Summary: Homes in Tipton County had an average of 29 days on market in Mar 2024, down by 53.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 March 2024, 15 homes were sold in Tipton County; 60% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% 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 23 Days Ago

Newest Listings in Tipton County, IN

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