Is Tipton, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tipton is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Tipton, OK

How much do homes in Tipton, OK cost?

Median Sold Price

$89,900

$61/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$900(+1.0%)

Key Takeaway

Homes in Tipton have sold for 1% more than they did a year ago.

Summary: The median home sold price in Tipton was $89,900 in November 2024, up 1% from last year, and the median price per square foot was $61.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $43.7K$35K
-20.0%
3 $90K$81.5K
-9.4%
4 $106.5K$168.7K
+58.5%
5+ --
N/A

Summary: Tipton 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 decreased by 20%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 58.5%, and 5+ bedroom homes did not change.

Housing Supply in Tipton, OK

How many homes are available in Tipton, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
56+20.0%

Summary: The Tipton real estate market had 6 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 34
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Tipton 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Tipton in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Tipton, OK

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

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days36 Days+305.6%

Summary: Homes in Tipton had an average of 36 days on market in Nov 2024, up by 305.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tipton has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Tipton; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Tipton, OK

Nearby Markets to Tipton, OK