Is New Whiteland, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, New Whiteland has remained a Seller's Market.
Housing Prices in New Whiteland, IN
How much do homes in New Whiteland, IN cost?
Median Sold Price
$240,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in New Whiteland was $240,000 in April 2024, up 7.3% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $193K | $200K | +3.6% |
3 Bedrooms | $214.2K | $220K | +2.7% |
4 Bedrooms | $284K | $272.4K | -4.1% |
5+ Bedrooms | $375K | $401.9K | +7.2% |
Summary: New Whiteland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 7.2%.
Median Sold Price Compared To Nearby Cities
Greenwood | $285K | $309.1K | +8.5% |
New Whiteland | $223.7K | $240K | +7.3% |
Pleasant Township | $264.9K | $264.9K | 0% |
Whiteland | $290K | $268K | -7.6% |
Housing Supply in New Whiteland, IN
How many homes are available in New Whiteland, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 28 | -17.6% |
Summary: The New Whiteland real estate market had 28 homes for sale in April 2024, a 17.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 20 | 16 | -20.0% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The New Whiteland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in New Whiteland in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for New Whiteland, IN
How long does it take to sell a home in New Whiteland, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 41 Days | +221.5% |
Summary: Homes in New Whiteland had an average of 41 days on market in Apr 2024, up by 221.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in New Whiteland; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.