Is Tipton, MI 49287 a buyer’s or seller’s market?
Tipton is a seller’s market. With about 2.6 months of supply and 10% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Tipton housing market right now
In the three months ending August 31, 2026, 10% of homes in Tipton, MI 49287 sold above their list price, the typical home went under contract in 41 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (49 days then) and the median sale price rose 11% to $357,830. Overall, Tipton is more competitive than a year ago, so tougher for buyers.
Within Lenawee County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 94%.
Nearby, buyers who want less competition could look at Jasper 49248 (0% sold over asking), while Clayton 49235 (100% sold over asking) and Sand Creek 49279 (100% sold over asking) are even more competitive.
Run the numbers for 49287
Nearby markets
Addison 49220Buyer’s market $190 /sq ftAdrian 49221Seller’s market $134 /sq ftBlissfield 49228Seller’s market $179 /sq ftBritton 49229Seller’s market $236 /sq ft Browse all markets →Towns like Tipton nearby
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Questions about Tipton real estate
Is Tipton a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Tipton, MI 49287 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Tipton?
The typical home went under contract in 41 days in the latest three months.
Do homes in Tipton sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Tipton?
About 1.27% of a home’s value a year in Lenawee County, or roughly $5,080 on a $400,000 home.
What is the median home price in Tipton?
The median sale price was $357,830 in the three months ending August 31, 2026, about $158 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology