$4,869 Closing Credit*
$410,000
5 Beds
•3 Full Baths
Listing Office: Hometown Realty
Is Tipton County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Tipton County was a Seller's Market.
Key Takeaway
Tipton County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Tipton County, TN
How much do homes in Tipton County, TN cost?
Median Sold Price
$332,000
-
Based on all homes sold in December 2024.
Difference Since Last Month
+$47,000(+16.5%)
Key Takeaway
Homes in Tipton County have sold for 16.5% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $167.5K | N/A |
| 3 Bedrooms | $260.2K | $265K | +1.8% |
| 4 Bedrooms | $412.5K | $443.4K | +7.5% |
| 5+ Bedrooms | $419K | $467.5K | +11.6% |
Summary: Tipton County housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Counties
| Lauderdale County | $86K | $142.2K | +65.4% |
| Tipton County | $285K | $332K | +16.5% |
| Fayette County | $367.5K | $335K | -8.8% |
| Mississippi County | $215.1K | $129.9K | -39.6% |
Housing Supply in Tipton County, TN
How many homes are available in Tipton County, TN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 202 | 189 | -6.4% |
Summary: The Tipton County real estate market had 189 homes for sale in December 2024, a 6.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 106 | 98 | -7.5% |
| 4 Bedrooms | 71 | 67 | -5.6% |
| 5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The Tipton County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 49 | 28 | -42.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tipton County, expect to pay close to the asking price. 53.6% of homes here sold near the asking price last month.
Summary: A total of 28 homes were sold or pending in Tipton County in December 2024, down by 42.9% month-over-month. Of the 28 sold homes, 43% were sold under asking, 54% were sold at asking, and 4% were sold over asking.
Days on Market for Tipton County, TN
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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