Is Whitley County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitley County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Whitley County has remained a Seller's Market.

Key Takeaway

Whitley County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Whitley County, IN

How much do homes in Whitley County, IN cost?

Median Sold Price

$285,000

$150/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$75,950(+36.3%)

Key Takeaway

Homes in Whitley County have sold for 36.3% more than they did a month ago.

Summary: The median home sold price in Whitley County was $285,000 in February 2024, up 36.3% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 $115K-
N/A
2 $193K$188.5K
-2.3%
3 $206.5K$240K
+16.2%
4 $362.5K$470K
+29.7%
5+ -$293.5K
N/A

Summary: Whitley County housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 29.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Whitley County
+36.3%
Huntington County
+22.8%
Kosciusko County
+4.4%
Allen County
-0.4%
Noble County
-2.4%

Housing Supply in Whitley County, IN

How many homes are available in Whitley County, IN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7597+29.3%

Summary: The Whitley County real estate market had 97 homes for sale in February 2024, a 29.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 10
-100.0%
2 1114
+27.3%
3 4256
+33.3%
4 1620
+25.0%
5+ 57
+40.0%

Summary: The Whitley County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1825+38.9%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitley County, you may be able to get a good deal. 48% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Whitley County in February 2024, up by 38.9% month-over-month. Of the 25 sold homes, 48% were sold under asking, 36% were sold at asking, and 16% were sold over asking.

Days on Market for Whitley County, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Whitley County, IN

Nearby Markets to Whitley County, IN

What housing markets are near Whitley County, IN?