Is Whiting, IN 46394 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Whiting is a seller’s market. With about 3.8 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score47/ 100

More competitive than 47% of U.S. ZIP codes, and #178 of 306 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.8Under 4 months = seller’s market
Sold above original list29.4%Share of sales, last 3 months
Median sale-to-list95%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$136▲ +16.5% vs. last year

The Whiting housing market right now

In the three months ending August 31, 2026, 29% of homes in Whiting, IN 46394 sold above their list price, the typical home went under contract in 23 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (33 days then) and the median sale price rose 9% to $234,898. Overall, Whiting is more competitive than a year ago, so tougher for buyers.

Within Lake County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Whiting ranks #178 of 306 IN ZIP codes with enough sales (score 47 out of 100).

Nearby, buyers who want less competition could look at Gary 46402 (5% sold over asking) or Gary 46407 (9% sold over asking), while Hammond 46327 (53% sold over asking) and Hammond 46324 (39% sold over asking) are even more competitive.

Nearby markets

Cedar Lake 46303Seller’s market $197 /sq ftCrown Point 46307Seller’s market $182 /sq ftDyer 46311Seller’s market $184 /sq ftEast Chicago 46312Seller’s market $101 /sq ft Browse all markets →

Where Whiting is

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Questions about Whiting real estate

Is Whiting a buyer’s or seller’s market?

A seller’s market: there were 3.8 months of supply in Whiting, IN 46394 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Whiting?

The typical home went under contract in 23 days in the latest three months.

Do homes in Whiting sell over asking?

29% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.

What are property taxes in Whiting?

About 0.92% of a home’s value a year in Lake County, or roughly $3,680 on a $400,000 home.

What is the median home price in Whiting?

The median sale price was $234,898 in the three months ending August 31, 2026, about $136 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology