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 seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Tippecanoe Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Tippecanoe Township, IN

How much do homes in Tippecanoe Township, IN cost?

Median Sold Price

$386,350

$184/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$127,350(+49.2%)

Key Takeaway

Homes in Tippecanoe Township have sold for 49.2% more than they did a month ago.

Summary: The median home sold price in Tippecanoe Township was $386,350 in November 2024, up 49.2% from last month, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $217.5K$429.9K
+97.7%
3 $252K$373K
+48.0%
4 $420K$399.7K
-4.8%
5+ -$199K
N/A

Summary: Tippecanoe Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 97.7%, 3 bedroom homes increased by 48%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Webster
+53.8%
Tippecanoe Township
+49.2%
Turkey Creek Township
+46.7%
Washington Township
+1.1%

Housing Supply in Tippecanoe Township, IN

How many homes are available in Tippecanoe Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4944-10.2%

Summary: The Tippecanoe Township real estate market had 44 homes for sale in November 2024, a 10.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 1310
-23.1%
3 2321
-8.7%
4 109
-10.0%
5+ 33
0.0%

Summary: The Tippecanoe Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Tippecanoe Township in November 2024, down by 18.2% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% 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 2 Days Ago

Newest Listings in Tippecanoe Township, IN

Nearby Markets to Tippecanoe Township, IN

What housing markets are near Tippecanoe Township, IN?