Is 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, Whiteland has remained a Seller's Market.
Key Takeaway
Whiteland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Whiteland, IN
How much do homes in Whiteland, IN cost?
Median Sold Price
$268,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Whiteland have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in Whiteland was $268,000 in April 2024, down 7.6% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $181.5K | $197.5K | +8.8% |
| 3 Bedrooms | $239K | $243K | +1.7% |
| 4 Bedrooms | $320.9K | $309K | -3.7% |
| 5+ Bedrooms | $411.5K | $406.1K | -1.3% |
Summary: 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 8.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $245K | $273.1K | +11.5% |
| Franklin | $251.3K | $272.7K | +8.5% |
| New Whiteland | $223.7K | $240K | +7.3% |
| Pleasant Township | $264.9K | $264.9K | 0% |
| Whiteland | $290K | $268K | -7.6% |
Housing Supply in Whiteland, IN
How many homes are available in Whiteland, IN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 75 | 74 | -1.3% |
Summary: The Whiteland real estate market had 74 homes for sale in April 2024, a 1.3% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 29 | 30 | +3.4% |
| 4 Bedrooms | 27 | 24 | -11.1% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The 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 decreased by 50%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 27 | +35.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Whiteland, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Whiteland in April 2024, up by 35.0% month-over-month. Of the 27 sold homes, 56% were sold under asking, 19% were sold at asking, and 26% were sold over asking.
Days on Market for Whiteland, IN
How long does it take to sell a home in Whiteland, IN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 38 Days | -12.4% |
Summary: Homes in Whiteland had an average of 38 days on market in Apr 2024, down by 12.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Whiteland are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 27 homes were sold in Whiteland; 59% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.