Tipp City, OH Real Estate Market

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 Q4 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Tipp City, OH Housing Market Trends

With a population of 10,274, 4,193 total housing units (homes and apartments), and a median house value of $237,231, 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 73.69% of the city's housing units. Other types of housing that are prevalent in Tipp City include duplexes, homes converted to apartments or other small apartment buildings ( 10.91%), large apartment complexes or high rise apartments ( 9.78%), and a few row houses and other attached homes ( 5.63%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Tipp City. Owner-occupied housing accounts for 68.77% of Tipp City's homes, and 66.91% have either three or four bedrooms, which is average sized relative to America.

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 ( 18.05%). A lesser amount of the housing stock also hails from before 1939 ( 15.71%). There's also some housing in Tipp City built between 2000 and later ( 11.02%).

Tipp City Home Appreciation Rates

Appreciation rates for homes in Tipp City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 70.02%, which ranks in the top 40% nationwide. This equates to an annual average Tipp City house appreciation rate of 5.45%.

NeighborhoodScout's data show that during the latest twelve months, Tipp City's appreciation rate, at 18.44%, has been at or slightly above the national average. In the latest quarter, Tipp City's appreciation rate has been 6.97%, which annualizes to a rate of 30.91%.

Relative to Ohio, our data show that Tipp City's latest annual appreciation rate is higher than 70% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$237,231

Tipp City, OH HOME PRICES

> $1,351,000
$1,014,001 - $1,351,000
$676,001 - $1,014,000
$541,001 - $676,000
$405,001 - $541,000
$270,001 - $405,000
$135,001 - $270,000
$68,001 - $135,000
$0 - $68,000
0.2%
0.2%
0.0%
0.0%
2.6%
2.6%
3.5%
3.5%
8.7%
8.7%
21.0%
21.0%
53.7%
53.7%
9.2%
9.2%
1.2%
1.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

High for OH

Value Relative To Nation

Number Of Homes And Apartments:
4,193

Tipp City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2021 Q3 - 2021 Q4
Last 12 Months:
2020 Q4 - 2021 Q4
Last 2 Years:
2019 Q4 - 2021 Q4
Last 5 Years:
2016 Q4 - 2021 Q4
Last 10 Years:
2011 Q4 - 2021 Q4
Since 2000:
2000 Q1 - 2021 Q4
80.94% 2.73%
8
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,066 / per month

Homeownership Rate

Owners
Renters
Vacant
68.8%
68.8%
31.2%
31.2%
3.7%
3.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.0%
11.0%
55.2%
55.2%
18.0%
18.0%
15.7%
15.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.7%
73.7%
5.6%
5.6%
10.9%
10.9%
9.8%
9.8%
0.0%
0.0%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.3%
0.3%
6.0%
6.0%
23.7%
23.7%
47.7%
47.7%
19.2%
19.2%
3.2%
3.2%
0.0% 100.0%
% OF HOMES