Tipton, Kansas is a small town with a population of just over 1,600 people. The median value of homes in the area is $114,400, which is significantly lower than the national median of $338,100. Over the last year, house prices in Tipton have appreciated by 5.12%, which is lower than the 8.27% appreciation seen across the United States. Investors and homeowners looking to purchase property in Tipton may find it to be an attractive option due to its lower prices relative to other areas and still benefit from appreciating home values.
The median home cost in Tipton is $114,400. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Tipton is up 10.9%.
Average Age of Homes
- The median age of Tipton real estate is 58 years old
The Rental Market in Tipton
- Renters make up 13.9% of the Tipton population
- 0.0% 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.