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 Last Month

Since last month, 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

$249,900

$117/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$55,900(+28.8%)

Key Takeaway

Homes in Tipton Township have sold for 28.8% more than they did a month ago.

Summary: The median home sold price in Tipton Township was $249,900 in October 2024, up 28.8% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $175K$249.9K
+42.8%
3 $185K$212.9K
+15.1%
4 $293.5K$285K
-2.9%
5+ $150K-
N/A

Summary: Tipton Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.8%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tipton Township
+28.8%
Pipe Creek Township
-5.1%
Walton
-9.4%

Housing Supply in Tipton Township, IN

How many homes are available in Tipton Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
47470.0%

Summary: The Tipton Township real estate market had 47 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1013
+30.0%
3 2627
+3.8%
4 107
-30.0%
5+ 10
-100.0%

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 increased by 30%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1417+21.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tipton Township, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in Tipton Township in October 2024, up by 21.4% month-over-month. Of the 17 sold homes, 35% were sold under asking, 47% were sold at asking, and 18% 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

Sep 2024Oct 2024CHANGE
15 Days54 Days+248.9%

Summary: Homes in Tipton Township had an average of 54 days on market in Oct 2024, up by 248.9% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 October 2024, 17 homes were sold in Tipton Township; 41% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 12% 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 20 Days Ago

Newest Listings in Tipton Township, IN

Nearby Markets to Tipton Township, IN

What housing markets are near Tipton Township, IN?