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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitehall is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Whitehall, MI

How much do homes in Whitehall, MI cost?

Median Sold Price

$310,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$23,300(+8.1%)

Key Takeaway

Homes in Whitehall have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Whitehall was $310,000 in December 2024, up 8.1% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $216K$298K
+38.0%
3 $275K$299.9K
+9.1%
4 $383.5K$329.4K
-14.1%
5+ $600K$647K
+7.8%

Summary: Whitehall housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Cities

Montague Township
+14.5%
Montague
+13.5%
Whitehall Township
+8.8%
Whitehall
+8.1%

Housing Supply in Whitehall, MI

How many homes are available in Whitehall, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2421-12.5%

Summary: The Whitehall real estate market had 21 homes for sale in December 2024, a 12.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1210
-16.7%
4 67
+16.7%
5+ 52
-60.0%

Summary: The Whitehall housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 60%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitehall, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Whitehall in December 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% 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

Dec 2023Dec 2024CHANGE
80 Days13 Days-83.6%

Summary: Homes in Whitehall had an average of 13 days on market in Dec 2024, down by 83.6% compared to last year.

Breakdown of Home Sale Times

6 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 December 2024, 7 homes were sold in Whitehall; 86% of homes were sold within 30 days, 14% 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 4 Days Ago

Newest Listings in Whitehall, MI

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