Tipton, IN—46072
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tipton, IN
Tipton, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $235,000 | 8.6% |
| Single Family | $235,000 | 8.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $168,000 | 8.4% |
3 Bed | $237,000 | 8.7% |
4 Bed | $310,000 | 9.2% |
| 5 Bed | $344,000 | 10.3% |
% of Housing Stock
Rental Trends — Tipton, IN
As of July '25, Rentcast reports the average rent in Tipton, IN is $1,190, with a year-over-year rent change of 2.6%. Per bedroom, the median rent as of July '25 in Tipton, IN is 1-bedrooms: $948, 2-bedrooms: $1,170, 3-bedrooms: $1,100, 4-bedrooms: $1,700. The most common rental property sizes in Tipton, IN are 2-bedroom and 3-bedroom, accounting for 43.2% and 36.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,190 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $955 | $948 |
| 2 Bed Rent | $1,150 | $1,170 |
| 3 Bed Rent | $1,100 | $1,100 |
| 4 Bed Rent | $1,700 | $1,700 |
% of Rental Stock
Property Listings — Tipton, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Tipton, IN is 35. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $231,000 | -12.0% |
Listing Count | 32 | 35.0% |
| Listings as % of Homes | 0.4% | 35.0% |
Days on Market | 35 | 1.0% |
Demographics — Tipton, IN
As of the latest ACS Survey released in 2023, Tipton, IN has a population of 8,750, which has remained stable by 0.8% over the past 5 years. Tipton, IN is a moderately popular place for families, as children make up 18.7% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,750 | 0.8% |
% Under 18 | 18.7% | -16.9% |
% Seniors | 23.5% | 14.6% |
% WFH | 7.2% | 350.0% |
% w/ College Degree | 23.2% | -0.9% |
As of the latest ACS Survey released in 2023, Tipton, IN is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Tipton, IN is hispanic, making up 3.9% of the population. Foreign-born residents account for 1.7% of the population in Tipton, IN, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.6% | -2.5% |
% Black | 1.1% | 450.0% |
% Hispanic | 3.9% | 95.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.7% | 0.0% |
Mortgage and Risk — Tipton, IN
According to HUD data as of 2023, there were 193 mortgage originations in Tipton, IN, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Tipton, IN. Investor activity is low, as 1.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 193 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Tipton, IN
As of 2024, the percent of homes in Tipton, IN under the Section 8 program is 0.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Tipton, IN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $335 | $955 | $1,290 |
| 2 Bedroom | $370 | $1,150 | $1,520 |
| 3 Bedroom | $880 | $1,100 | $1,980 |
| 4 Bedroom | $690 | $1,700 | $2,390 |
Affordability — Tipton, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $235,000 |
| Median Household Income | $75,300 |