$855 Closing Credit*
$72,000
1,684 SqFt
3 Beds
•1 Full Bath
Daniel Oien, Listing Office: First Choice Real Estate LLC
Is Tipton Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Tipton Township was a Seller's Market.
Key Takeaway
Tipton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tipton Township, IA
How much do homes in Tipton Township, IA cost?
Median Sold Price
$215,500
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,500(+15.9%)
Key Takeaway
Homes in Tipton Township have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in Tipton Township was $215,500 in October 2024, up 15.9% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $163K | $125K | -23.3% |
| 3 Bedrooms | $180K | $240K | +33.3% |
| 4 Bedrooms | $232K | $245K | +5.6% |
| 5+ Bedrooms | $459K | $220.2K | -52.0% |
Summary: Tipton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 52%.
Housing Supply in Tipton Township, IA
How many homes are available in Tipton Township, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 23 | +9.5% |
Summary: The Tipton Township real estate market had 23 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 11 | +57.1% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Tipton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 57.1%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tipton Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Tipton Township in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Tipton Township, IA
How long does it take to sell a home in Tipton Township, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 33 Days | +114.3% |
Summary: Homes in Tipton Township had an average of 33 days on market in Oct 2024, up by 114.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tipton Township has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Tipton Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed. 
Listings courtesy of RMLS Alliance as distributed by MLS GRID.