Tipton's real estate market is experiencing a price correction, with values down 10.2% from last year. Home prices have decreased 7.8% in the past month. With 6 active listings, inventory is 100% higher than seasonal norms. Homes are taking about 76 days to sell, which is -4 days longer than this time last year. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Tipton market with the affordability index at 415.2. Based on current market indicators, home prices in Tipton are projected to decrease by approximately 10.5% over the next month.