Commercial Real Estate Market in Whitestown, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
30 active listings and 443 off-market properties in Whitestown, IN.
Market Trends
Whitestown, IN spans 31.2 square miles in Boone County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Whitestown, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Whitestown, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Whitestown, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Whitestown, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 30.7%
- Industrial 30.4%
- Planned_development 28.2%
- Mixed use 6.1%
- Commercial 4.7%
Largest Zones share of zoned land by district
Planned Unit Development
Light Industrial
Medium Density Single And Two Family Residential
General Agriculture
Mixed Use Commercial Office Residential
Planned Unit Development (PUD)
PUD DISTRICT. A Zoning District for which a PUD ORDI- NANCE is adopted. PUD ORDINANCE. A n ordinance adopted by the Council under the IC 36-7-4-1500 series to establish a specific Planned Unit Development district within the meaning of IC 36-7-4-1502. Rr RECREATION AREA . An area designated, designed, and equipped for of sports and leisure-time activities. R…
Market overview
Demographics & Economy
Whitestown, IN has 7,728 residents in 3,423 households. Density runs 248 people per square mile. Median household income here is $118,839 and median gross rent $1,797 a month.
7,728
Population
3,423
Households
2.3
Avg Household Size
34
Median Age
55%
College-Educated
96%
High-School Grad
31.2 sq mi
ZIP Area
248
Density / Sq Mi
$118,839
Median Household Income
$58,587
Median Earnings
$1,797
Median Rent
$332,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Zionsville | — | — |
| Lebanon | — | $14.58 |
| Ulen | — | — |
| Carmel | — | $42.34 |
Frequently Asked Questions
How much does it cost to lease commercial space in Whitestown?
Asking lease rates in Whitestown, IN average $22.88 per square foot per year.
Where does Realmo's Whitestown market data come from?
Realmo compiles Whitestown, IN figures from 5 recent recorded sales, 11 active sale listings, 19 active lease listings, 443 tracked off-market properties, the current Whitestown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 19 active for-lease listings in Whitestown, IN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 9,492 zoned acres across 23 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
