Is Tippecanoe Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tippecanoe Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Tippecanoe Township was a Seller's Market.

Key Takeaway

Tippecanoe Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Tippecanoe Township, IN

How much do homes in Tippecanoe Township, IN cost?

Median Sold Price

$317,750

$250/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$55,250(-14.8%)

Key Takeaway

Homes in Tippecanoe Township have sold for 14.8% less than they did a month ago.

Summary: The median home sold price in Tippecanoe Township was $317,750 in December 2024, down 14.8% from last month, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $292.2K$310K
+6.1%
3 $373K$240.2K
-35.6%
4 $399.7K-
N/A
5+ $199K$775K
+289.4%

Summary: Tippecanoe Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 35.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 289.4%.

Median Sold Price Compared To Nearby Cities

Turkey Creek Township
+28.6%
Washington Township
-6.3%
Tippecanoe Township
-14.8%
North Webster
-41.2%

Housing Supply in Tippecanoe Township, IN

How many homes are available in Tippecanoe Township, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4035-12.5%

Summary: The Tippecanoe Township real estate market had 35 homes for sale in December 2024, a 12.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 910
+11.1%
3 1914
-26.3%
4 88
0.0%
5+ 32
-33.3%

Summary: The Tippecanoe Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tippecanoe Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Tippecanoe Township in December 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Tippecanoe Township, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 4 Days Ago

Newest Listings in Tippecanoe Township, IN

Nearby Markets to Tippecanoe Township, IN

What housing markets are near Tippecanoe Township, IN?