Is Tipp City, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tipp City is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Tipp City has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Tipp City, OH

How much do homes in Tipp City, OH cost?

Median Sold Price

$351,681

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,682(+0.5%)

Key Takeaway

The sold price of homes in Tipp City has remained the same since last year.

Summary: The median home sold price in Tipp City was $351,681 in November 2024, up 0.5% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $85K-
N/A
2 $187.5K$214.5K
+14.4%
3 $288.8K$310K
+7.3%
4 $379.9K$408.5K
+7.5%
5+ $462.4K$466.5K
+0.9%

Summary: Tipp City 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 14.4%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Cities

Bethel Township
+16.6%
Monroe Township
+11.3%
Tipp City
0.5%
Staunton Township
-1.0%

Housing Supply in Tipp City, OH

How many homes are available in Tipp City, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7975-5.1%

Summary: The Tipp City real estate market had 75 homes for sale in November 2024, a 5.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 4743
-8.5%
4 2219
-13.6%
5+ 67
+16.7%

Summary: The Tipp City 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 increased by 50%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2321-8.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tipp City, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Tipp City in November 2024, down by 8.7% month-over-month. Of the 21 sold homes, 48% were sold under asking, 43% were sold at asking, and 10% were sold over asking.

Days on Market for Tipp City, OH

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 17 Days Ago

Newest Listings in Tipp City, OH

Nearby Markets to Tipp City, OH

What housing markets are near Tipp City, OH?