📍 Whitestown Rental & Sales Market Update – May 2025

Located just northwest of Brownsburg, Whitestown is becoming a market to watch for rental investors. Though smaller in inventory, this area is strategically positioned along the expanding westside corridor connecting to Lebanon. Its rapid development and sharp rent increases make it one of the most compelling stories this month.

🏠 Rental Market Overview

• Active Listings: 19 homes (⬆️ 5% MoM)
• Average Rent: $2,460 (⬆️ 11% YoY)
• Average Days on Market: 33 days (⬇️ 30% MoM)
• Price per Sq. Ft.: $6

Whitestown rents saw a sharp increase heading into spring, jumping nearly $300 since April. Demand remains strong, even as the apartment sector shows modest supply — only 11 apartments currently listed with an average rent of $1,898.

👉 Explore Whitestown rental opportunities on our Indianapolis homes for rent page.

📊 Sales Market Overview

• Average Sales Price: $345,000 (⬆️ 3.5% MoM, ⬆️ 3% YoY)
• Average Days on Market: 31 days (⬇️ 30% MoM, ⬇️ 20% YoY)
• Price per Sq. Ft.: $181
• Total Homes Sold: 24 (⬇️ 68% YoY)

Sales data shows strong pricing momentum with no signs of decline. Despite a drop in transaction volume, pricing remains resilient. Most home sales in Whitestown fall in the $350K–$400K range, indicating it’s a higher-end suburban market compared to nearby areas.

If you're considering rental investments in a growing area with high rental demand and stable home values, Whitestown deserves your attention.

📌 Key Takeaway for Investors

Whitestown’s rapid rental appreciation, strong rental price retention, and moderate home sales growth position it as a strategic entry point — especially for those aiming to balance affordability and upside potential.

🔗 Learn more about our Indianapolis property management services or explore property management in surrounding suburbs.

• Transcript Here

  Tracking Growth in Whitestown

  Whitestown sits just north of Brownsburg and continues to grow as part of the northwest corridor stretching toward Lebanon. Though it’s a smaller market, we're closely watching it due to the rapid expansion in the surrounding region.

  Rental Inventory and Pricing Jump

  There are currently 19 homes on the market—up 5% from last month, likely due to seasonality. The average rental price surged to $2,460, representing a 10% increase month-over-month and nearly 11% year-over-year. Days on market dropped to 33, a 30% improvement from last month.

  Price Per Square Foot and Apartment Activity

  Average price per square foot is $16. There are 11 apartments on the market with an average rent of $1,898 and a price per square foot of $1.64. Condo and townhome data was too limited to evaluate this month.

  Rental Trend Line Shows Consistent Growth

  The rental price trend over time in Whitestown shows a strong upward trajectory. Since April, rents have leapt nearly $300 and held steady into May. This stability in elevated pricing suggests a strong rental demand despite Whitestown’s smaller size.

  Sales Market: Steady Prices, Faster Closings

  The average days on market for sales dropped to 31—down 30% from last month and nearly 20% year-over-year. Price per square foot is $181, up 6.5% year-over-year and slightly down from April. The average sales price climbed 3.5% month-over-month and 3% year-over-year, showing no signs of correction.

  Home Sales Volume Takes a Hit

  Only 24 homes were sold in May, which is a sharp drop—down 68% year-over-year. While this could reflect a temporary slowdown, it’s a number worth monitoring in coming months to identify whether it's a trend or an outlier.

  High-End Profile with Pockets of Affordability

  Whitestown's sales data shows a market skewed toward higher-end homes. Many sales occur in the $350K–$400K range, though there’s still a presence of homes under $300K. For investors, the sweet spot may lie in the $250K–$300K range to capture value while staying within demand thresholds.