$3,978 Closing Credit*
$335,000
3 Beds
•2 Full Baths
Listing Office: Collier REALTORS
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
Since last month, Tipton County has remained a Seller's Market.
Key Takeaway
Tipton County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tipton County, TN
How much do homes in Tipton County, TN cost?
Median Sold Price
$280,500
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$4,500(+1.6%)
Key Takeaway
Homes in Tipton County have sold for 1.6% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $100K | - | N/A |
| 3 Bedrooms | $257.5K | $262.5K | +1.9% |
| 4 Bedrooms | $327.5K | $430K | +31.3% |
| 5+ Bedrooms | $342.5K | $394.5K | +15.2% |
Summary: Tipton County housing prices by bedroom type for November 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 1.9%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Counties
| Mississippi County | $165K | $215.1K | +30.4% |
| Tipton County | $276K | $280.5K | +1.6% |
| Fayette County | $404.7K | $352.5K | -12.9% |
| Lauderdale County | $182.5K | $86K | -52.9% |
Housing Supply in Tipton County, TN
How many homes are available in Tipton County, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 213 | 214 | 0.5% |
Summary: The Tipton County real estate market had 214 homes for sale in November 2024, a 0.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 7 | +250.0% |
| 3 Bedrooms | 110 | 106 | -3.6% |
| 4 Bedrooms | 82 | 82 | 0.0% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Tipton County 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 250%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 41 | 0.0% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tipton County, you may be able to get a good deal. 65.9% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Tipton County in November 2024, the same as the previous month. Of the 41 sold homes, 66% were sold under asking, 20% were sold at asking, and 15% 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
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
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