Is Tipton Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Tipton Township has remained a Seller's Market.
Housing Prices in Tipton Township, IN
How much do homes in Tipton Township, IN cost?
Median Sold Price
$269,950
$114/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Tipton Township was $269,950 in April 2024, up 68.7% from last month, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $122.5K | - | N/A |
3 Bedrooms | $170K | $148K | -12.9% |
4 Bedrooms | $122.4K | $300K | +145.0% |
5+ Bedrooms | - | - | N/A |
Summary: Tipton Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 145%, and 5+ bedroom homes did not change.
Housing Supply in Tipton Township, IN
How many homes are available in Tipton Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 24 | +33.3% |
Summary: The Tipton Township real estate market had 24 homes for sale in April 2024, a 33.3% 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 | 12 | +33.3% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Tipton Township 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 33.3%, 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 Township 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 Township, IN
How long does it take to sell a home in Tipton Township, IN?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 33 Days | -16.7% |
Summary: Homes in Tipton Township had an average of 33 days on market in Apr 2024, down by 16.7% compared to last month.
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 Township; 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.