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SOUTH WHITLEY, IN 46787

Real Estate Market Report  ·  Whitley County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SOUTH WHITLEY, IN real estate market (46787) currently shows 8 active listings, with 4 pending sales. Homes are averaging 116 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 116 days on market compared to 38 days last year.

The median listing price has risen 4.1% year-over-year, from $199,500 to $207,695.

Whether you are buying or selling in SOUTH WHITLEY, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,077  ·  Density: 24.0/mi²  ·  Median household income: $65,592

Typical home value: $148,185  ·  Homeownership: 84.9%

Market Overview

Active Listings
8
⇩ 27.3% vs 11 last year
Pending
4
50% pending ratio
Median Price
$207,695
⇧ 4.1% vs $199,500 last year
Average Price
$283,012
⇩ 5.7% vs $300,235 last year
Days on Market
116
⇧ 205.3% vs 38 days last year

Price Per Square Foot

Median $/sqft
$104
vs $104/sqft last year
Median Home Size
1,785 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 11 last year
  • Days on market: 116 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $207,695 (+4.1% YoY)
  • Average: $283,012 (-5.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.0 miles — 353 listings ($138,617,894 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46787South Whitley, IN 467870.0 mi8$2,179,544$179,900$272,443
46962North Manchester, IN 469629.3 mi21$5,802,468$254,900$276,308
46764Larwill, IN 4676410.5 mi2$764,896$382,448$382,448
46990Urbana, IN 4699012.9 mi3$2,512,050$837,350$837,350
46982Silver Lake, IN 4698213.9 mi12$2,306,616$169,900$192,218
46750Huntington, IN 4675014.6 mi61$12,779,256$168,700$209,496
46814Fort Wayne, IN 4681416.4 mi57$32,996,445$499,450$578,885
46702Andrews, IN 4670216.5 mi6$1,013,802$179,900$168,967
46704Arcola, IN 4670417.3 mi2$370,000$185,000$185,000
46555North Webster, IN 4655518.5 mi8$6,127,680$529,950$765,960
46582Warsaw, IN 4658219.2 mi24$8,329,032$328,500$347,043
46760Kimmell, IN 4676019.5 mi4$1,119,600$279,900$279,900
46818Fort Wayne, IN 4681820.0 mi145$62,316,505$374,800$429,769

Frequently Asked Questions

How many homes are for sale in SOUTH WHITLEY, IN 46787?

As of February 2026, there are 8 active listings in SOUTH WHITLEY, IN (zip code 46787), compared to 11 the prior year.

What is the median home price in SOUTH WHITLEY, IN 46787?

The median listing price in SOUTH WHITLEY, IN 46787 is $207,695 as of February 2026, a 4.1% increase from $199,500 the prior year.

How long do homes stay on the market in SOUTH WHITLEY, IN?

Homes in SOUTH WHITLEY, IN 46787 spend an average of 116 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in SOUTH WHITLEY, IN 46787?

Based on current inventory and days-on-market data as of February 2026, SOUTH WHITLEY, IN 46787 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 116 days on market compared to 38 days last year.

How much can I save on real estate commission in SOUTH WHITLEY, IN?

With SELL123.com's maximum 3% commission, sellers in SOUTH WHITLEY, IN 46787 save an estimated $4,154 compared to a typical 5% commission on the median listing price of $207,695. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.