Whitley County, Indiana Housing Market

In Whitley County, Indiana, the median home value is $219,400, with a median monthly rent of $934. This places Whitley County at #1195 nationally out of 3134 counties by median home value, and #25 within Indiana.

Median Home Value $219,400
Median Rent $934/mo
Owner Occupancy 81.8%
Price/Rent Ratio 19.6

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Whitley County rose +4.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

12,637
jobs (private sector)
  • Avg weekly wage: $1,183
  • Establishments: 736
  • BLS QCEW, 2025
🏗️

Housing Supply

81
new units authorized (2025)
  • Single-family: 77
  • Multi-family: 4
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+491
net migration (filers, 2021-2022)
  • Inflow: 14,995 (avg $79,973)
  • Outflow: 14,504 (avg $80,382)
  • IRS Statistics of Income

How Whitley County Compares

MetricWhitley CountyIndiana AverageU.S. Average
Median Home Value $219,400 $191,898 $227,706
Median Gross Rent $934 $910 $968
Owner Occupancy Rate 81.8% 76.3% 73.3%
Price/Rent Ratio 19.6 17.5 18.7

Market Analysis

The median home value in Whitley County is 14.3% above the Indiana state average and 3.6% below the U.S. national average. The median rent of $934/month is 2.6% above the state average.

With a price-to-rent ratio of 19.6, the buy-vs-rent decision in Whitley County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Whitley County has an owner-occupancy rate of 81.8%, compared to 76.3% in Indiana and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Yakutat City and Borough Alaska $219,400 $1,330
Lincoln County Nevada $219,500 $919
Hoke County North Carolina $219,300 $1,089
Lake County Oregon $219,500 $878
Hendry County Florida $219,200 $1,003

Other Counties in Indiana

CountyMedian Home ValueMedian RentOwner Occ.
Putnam County $218,900 $884 75.4%
Jasper County $221,500 $962 83.6%
Ripley County $222,500 $839 76.8%
Steuben County $216,200 $933 79.5%
Kosciusko County $216,000 $1,043 77.0%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).