Is Tipton County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$185,000
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $164.9K | +17.8% |
2 Bedrooms | $109K | $143.3K | +31.5% |
3 Bedrooms | $182.5K | $192.4K | +5.5% |
4 Bedrooms | $250K | $228K | -8.8% |
5+ Bedrooms | $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 | $169K | $187.4K | +10.9% |
Howard County | $170K | $180K | +5.9% |
Tipton County | $175.5K | $185K | +5.4% |
Hamilton County | $395.9K | $415.6K | +5.0% |
Housing Supply in Tipton County, IN
How many homes are available in Tipton County, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 35 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 16 | 16 | 0.0% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 2 | 1 | -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 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 15 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 29 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
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.