Tipp City, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Tipp City Neighborhoods Since 2000




Tipp City, OH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Tipp City Housing Market Information

With a population of 9,899, 3,973 total housing units (homes and apartments), and a median house value of $164,678, Tipp City real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Tipp City, accounting for 74.45% of the city's housing units. Other types of housing that are prevalent in Tipp City include large apartment complexes or high rise apartments ( 10.39%), duplexes, homes converted to apartments or other small apartment buildings ( 8.78%), and a few row houses and other attached homes ( 5.78%).

The most prevalent building size and type in Tipp City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.64% owning and 35.36% renting.

There is a lot of housing in Tipp City built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Tipp City built between 1940-1969 ( 24.13%). A lesser amount of the housing stock also hails from before 1939 ( 14.18%). There's also some housing in Tipp City built between 2000 and later ( 10.48%).

Tipp City Home Appreciation Rates

Real estate appreciation rates in Tipp City's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.00% during the period.

Over the last year, Tipp City appreciation rates have trailed the rest of the nation. In the last twelve months, Tipp City's appreciation rate has been 2.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Tipp City were at -0.27%, which equates to an annual appreciation rate of -1.08%.

Relative to Ohio, our data show that Tipp City's latest annual appreciation rate is lower than 60% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$164,678

Tipp City, OH HOME PRICES

Value Range
> $1,077,000 0.5
$808,001 - $1,077,000 0.0
$539,001 - $808,000 0.9
$431,001 - $539,000 0.8
$323,001 - $431,000 6.9
$216,001 - $323,000 16.8
$108,001 - $216,000 56.1
$54,001 - $108,000 12.2
$0 - $54,000 5.7

High for OH
Average for Nation

Value Relative to Nation Value Relative to State
43.7653814602133 28.2152230971129

Number Of Homes And Apartments:
3,973

Tipp City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
13.16% 0.72% 6 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$818 / per month

Homeownership Rate

Homeownership
Owners 64.64
Renters 35.36
Vacant 4.70

Housing Market Details

 

Age of Homes

AGE OF Tipp City HOMES
2000 or Newer 10.5
1970 - 1999 51.2
1940 - 1969 24.1
1939 or Older 14.2

Types of Homes

TYPE OF Tipp City HOMES
Single-Family 74.5
Townhomes 5.8
Small Apt. Buildings 8.8
Apt. Complexes 10.4
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Tipp City HOMES
No Bedroom 0.12
1 Bedroom 5.35
2 Bedrooms 27.68
3 Bedrooms 48.40
4 Bedrooms 15.28
5 or more bedrooms 3.17