Is New Whiteland, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Whiteland is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, New Whiteland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in New Whiteland, IN

How much do homes in New Whiteland, IN cost?

Median Sold Price

$249,700

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,700(+9.0%)

Key Takeaway

Homes in New Whiteland have sold for 9% more than they did a year ago.

Summary: The median home sold price in New Whiteland was $249,700 in November 2024, up 9% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $205K$186K
-9.3%
3 $215.5K$221.5K
+2.8%
4 $272.5K$282.9K
+3.8%
5+ $405K$394.2K
-2.7%

Summary: New Whiteland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 2.7%.

Median Sold Price Compared To Nearby Cities

New Whiteland
+9.0%
Greenwood
+5.3%
Whiteland
+4.6%
Pleasant Township
+4.5%

Housing Supply in New Whiteland, IN

How many homes are available in New Whiteland, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3324-27.3%

Summary: The New Whiteland real estate market had 24 homes for sale in November 2024, a 27.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2417
-29.2%
4 53
-40.0%
5+ 44
0.0%

Summary: The New Whiteland housing inventory by bedroom type for November 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 29.2%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
156-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Whiteland, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in New Whiteland in November 2024, down by 60.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% 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

Nov 2023Nov 2024CHANGE
11 Days46 Days+290.2%

Summary: Homes in New Whiteland had an average of 46 days on market in Nov 2024, up by 290.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in New Whiteland are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in New Whiteland; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in New Whiteland, IN

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