Is Whitehall, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitehall is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Whitehall was a Buyer's Market.

Key Takeaway

Whitehall is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Whitehall, MI

How much do homes in Whitehall, MI cost?

Median Sold Price

$317,500

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,600(+9.5%)

Key Takeaway

Homes in Whitehall have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Whitehall was $317,500 in November 2024, up 9.5% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $225.5K$289.9K
+28.6%
3 $284.9K$300K
+5.3%
4 $372.2K$368.2K
-1.1%
5+ $600K$647K
+7.8%

Summary: Whitehall 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 increased by 28.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Cities

Montague
+14.6%
Montague Township
+14.6%
Whitehall Township
+9.7%
Whitehall
+9.5%

Housing Supply in Whitehall, MI

How many homes are available in Whitehall, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3125-19.4%

Summary: The Whitehall real estate market had 25 homes for sale in November 2024, a 19.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1512
-20.0%
4 77
0.0%
5+ 65
-16.7%

Summary: The Whitehall 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 decreased by 66.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
134-69.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitehall, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Whitehall in November 2024, down by 69.2% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Whitehall, MI

How long does it take to sell a home in Whitehall, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days15 Days-45.4%

Summary: Homes in Whitehall had an average of 15 days on market in Nov 2024, down by 45.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Whitehall; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Whitehall, MI

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