Tippecanoe County

A local view of the market.

The real estate market in Tippecanoe County, Indiana, is currently experiencing a seller's market, with the median home sold price reaching $309,000 in October 2024, marking a 1.3% increase from the previous month. Homes are selling at a median price of $166 per square foot, and the inventory of homes for sale has increased by 12% from September to October 2024. The top cities in Tippecanoe County include Lafayette and West Lafayette, which are central to the county's population and economic activity. Lafayette, the county seat, has a population of approximately 70,000, while West Lafayette, home to Purdue University, has about 45,000 residents. These cities are key drivers of the county's growth, with West Lafayette particularly benefiting from the university's presence and associated economic activities. Living in Tippecanoe County offers a mix of suburban and rural lifestyles. The area is known for its agricultural roots, with farming and agriculture playing significant roles in the local economy. However, the presence of Purdue University also supports a vibrant suburban life with a focus on education and research. The county's top industries include manufacturing, education, and healthcare, which attract a diverse workforce. Migration patterns suggest that people are moving to the county for its educational opportunities, economic stability, and the balance of urban and rural living.