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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tipton Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Tipton Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Tipton Township, IN

How much do homes in Tipton Township, IN cost?

Median Sold Price

$203,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,500(-1.2%)

Key Takeaway

Homes in Tipton Township have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Tipton Township was $203,000 in November 2024, down 1.2% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $145.7K$160K
+9.8%
3 $225K$189.9K
-15.6%
4 $290.5K$285K
-1.9%
5+ $287.5K$175K
-39.1%

Summary: Tipton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 39.1%.

Housing Supply in Tipton Township, IN

How many homes are available in Tipton Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4738-19.1%

Summary: The Tipton Township real estate market had 38 homes for sale in November 2024, a 19.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 136
-53.8%
3 2624
-7.7%
4 77
0.0%
5+ 11
0.0%

Summary: The Tipton Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 53.8%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1710-41.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tipton Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Tipton Township in November 2024, down by 41.2% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Tipton Township, IN

How long does it take to sell a home in Tipton Township, IN?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days42 Days+128.6%

Summary: Homes in Tipton Township had an average of 42 days on market in Nov 2024, up by 128.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tipton Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Tipton Township; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

Newest Listings in Tipton Township, IN

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