Is Tipp City, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tipp City is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Tipp City has remained a Seller's Market.

Key Takeaway

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

How much do homes in Tipp City, OH cost?

Median Sold Price

$247,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$9,250(+3.9%)

Key Takeaway

Homes in Tipp City have sold for 3.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $101.4K$70K
-31.0%
2 $127.5K$140K
+9.8%
3 $204.9K$217K
+5.9%
4 $311K$385K
+23.8%
5+ $417K$444K
+6.5%

Median Sold Price Compared To Nearby Cities

Staunton Township
+21.3%
Monroe Township
+9.7%
Bethel Township
+7.1%
Tipp City
+3.9%

How many homes are available in Tipp City, OH?

Number of Homes For Sale

Sep 2022Oct 2022%
2422-8.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 13
+200.0%
3 148
-42.9%
4 77
0.0%
5+ 24
+100.0%

Number of Homes Sold

Sep 2022Oct 2022%
811+37.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tipp City, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
54 Days52 Days-4.5%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tipp City has remained consistent over time.

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

About Tipp City, OH

Tipp City, OH has 22 homes on the market. The number of listings in Tipp City, OH decreased by 8.3% between September 2022 and October 2022. While the average time on the market in October 2022 was 52 days, the median list price was $247,000. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties became 31% more cheaper, 2 bedrooms properties prices increased by 9.8%, 3 bedrooms properties prices increased by 5.9%, the cost of 4 bedrooms properties went up by 23.8%, 5 bedrooms properties became 6.5% more expensive. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 200%, 3 bedrooms homes became 42.9% less available, 4 bedrooms homes did not move, 5 bedrooms homes became 100% more available. Over 2 listings were sold over their listed price in October 2022 in Tipp City, OH. In the same period over 5 listings were sold below the listed price and 4 listings were sold for the listed price.

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