Tipton, IN is known to have some of the most valuable housing in the US. The median value of houses in Tipton is currently $192,300, which is significantly lower than the US median value of $338,100. Despite this disparity, housing in Tipton appreciates at a much faster rate than the rest of the country - with a 1 year appreciation rate of 13.98%, compared to only 8.27% nationally. This makes Tipton an attractive location for those looking to invest in property.
The median home cost in Tipton is $192,300. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Tipton is up 18.4%.
Average Age of Homes
- The median age of Tipton real estate is 66 years old
The Rental Market in Tipton
- Renters make up 31.8% of the Tipton population
- 5.2% of houses and apartments in Tipton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.