Is Tipton County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Tipton County was a Buyer's Market.
Housing Prices in Tipton County, TN
How much do homes in Tipton County, TN cost?
Median Sold Price
$290,000
$63/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 $290,000 in March 2024, up 16% from last year, and the median price per square foot was $63.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $92.5K | N/A |
2 Bedrooms | $65K | $140K | +115.4% |
3 Bedrooms | $238.4K | $255K | +6.9% |
4 Bedrooms | $328.5K | $369K | +12.3% |
5+ Bedrooms | $352.5K | $426.1K | +20.9% |
Summary: Tipton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 115.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 20.9%.
Housing Supply in Tipton County, TN
How many homes are available in Tipton County, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
191 | 212 | +11.0% |
Summary: The Tipton County real estate market had 212 homes for sale in March 2024, a 11.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 83 | 100 | +20.5% |
4 Bedrooms | 78 | 84 | +7.7% |
5+ Bedrooms | 16 | 12 | -25.0% |
Summary: The Tipton County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 36 | -5.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Tipton County in March 2024, down by 5.3% month-over-month. Of the 36 sold homes, 31% were sold under asking, 33% were sold at asking, and 36% were sold over asking.
Days on Market for Tipton County, TN
We’re sorry, we don't have information for this market at the moment