Market Overview
Home Prices in South Whitley, IN
The median home value in South Whitley, IN is $247,763 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.7% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in South Whitley are priced40% below average. South Whitley is part of the Fort Wayne, IN metro area.
Over the past five years, South Whitley home values have risen by approximately36.9%, reflecting strong long-term appreciation in this market.
Price History
South Whitley Home Price Trend
City Comparison
South Whitley vs. National Median
At $247,763, homes in South Whitley cost 40% below the national median of $410,000. This makes South Whitley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in South Whitley?
20% Down Payment
$49,553
on $247,763
Monthly P&I
$1,292/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,641/mo
incl. taxes & insurance
Income Needed
$65,640
gross annual (30% rule)
10% Down Option
$24,776
+ PMI applies
Loan Amount (20% dn)
$198,210
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in South Whitley, IN?
The median home value in South Whitley is $247,763 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.7% year-over-year.
How much have home prices changed in South Whitley?
Over the past year, home values in South Whitley have increased by 5.7%. Over five years, prices have risen approximately 36.9%.
How much do I need to earn to buy a home in South Whitley?
To comfortably afford the median home price of $247,763 with a 20% down payment ($49,553) at today's rates (6.8%), you'd need a gross annual income of approximately $65,640. This assumes keeping total housing costs at or below 30% of gross income.
How does South Whitley compare to the national average home price?
The national median home value is approximately $410,000. At $247,763, homes in South Whitley are 40% below the national average.
What metro area is South Whitley part of?
South Whitley is part of the Fort Wayne, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.