Is Tipton County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$292,799
$63/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tipton County was $292,799 in April 2024, up 12.6% from last year, and the median price per square foot was $63.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $92.5K | N/A |
2 Bedrooms | $70K | $137K | +95.7% |
3 Bedrooms | $239.9K | $257.5K | +7.3% |
4 Bedrooms | $335K | $369K | +10.1% |
5+ Bedrooms | $380K | $426.1K | +12.2% |
Summary: Tipton County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 95.7%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 12.2%.
Median Sold Price Compared To Nearby Counties
Tipton County | $260K | $292.7K | +12.6% |
Fayette County | $382.7K | $350.6K | -8.4% |
Lauderdale County | $158K | $139K | -12.0% |
Housing Supply in Tipton County, TN
How many homes are available in Tipton County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
206 | 228 | +10.7% |
Summary: The Tipton County real estate market had 228 homes for sale in April 2024, a 10.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 99 | 108 | +9.1% |
4 Bedrooms | 80 | 88 | +10.0% |
5+ Bedrooms | 13 | 18 | +38.5% |
Summary: The Tipton County 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 38.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 47 | +30.6% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Tipton County in April 2024, up by 30.6% month-over-month. Of the 47 sold homes, 38% were sold under asking, 38% were sold at asking, and 23% 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