Whitman, MA—02382
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Whitman, MA
As of Oct '25, the median home price in Whitman, MA is $538,000, with a year-over-year change of 1.5%. This indicates that home prices in Whitman, MA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $538,000 | 1.5% |
| Single Family | $552,000 | 1.7% |
| Condos | $428,000 | 4.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $457,000 | 3.2% |
3 Bed | $543,000 | 1.5% |
4 Bed | $617,000 | 1.6% |
| 5 Bed | $652,000 | 1.6% |
% of Housing Stock
Rental Trends — Whitman, MA
As of July '25, Rentcast reports the average rent in Whitman, MA is $2,510, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Whitman, MA is 1-bedrooms: $1,850, 2-bedrooms: $2,900, 3-bedrooms: $2,990, 4-bedrooms: $3,150. The most common rental property sizes in Whitman, MA are 1-bedroom and 2-bedroom, accounting for 44.4% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,900 | $1,850 |
| 2 Bed Rent | $3,200 | $2,900 |
| 3 Bed Rent | $2,700 | $2,990 |
| 4 Bed Rent | $2,800 | $3,150 |
% of Rental Stock
Property Listings — Whitman, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Whitman, MA is 29. This is a increase of 44.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 56.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $552,000 | 1.0% |
Listing Count | 18 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 29 | 44.0% |
Demographics — Whitman, MA
As of the latest ACS Survey released in 2023, Whitman, MA has a population of 15,200, which has increased by 1.7% over the past 5 years. Whitman, MA is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,200 | 1.7% |
% Under 18 | 21.2% | -8.6% |
% Seniors | 14.6% | 9.8% |
% WFH | 9.2% | 300.0% |
% w/ College Degree | 29.2% | -0.3% |
As of the latest ACS Survey released in 2023, Whitman, MA is a predominantly white area, with 87.6% of the population identifying as white. The white population has shrunk by 7.8% in the last 5 years. The second most common race or ethnicity in Whitman, MA is hispanic, making up 3.1% of the population. Foreign-born residents account for 5.3% of the population in Whitman, MA, and this percentage has increased by 89.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.6% | -7.8% |
% Black | 1.4% | 16.7% |
% Hispanic | 3.1% | 106.7% |
% Asian | 1.2% | 140.0% |
% Foreign Born | 5.3% | 89.3% |
Mortgage and Risk — Whitman, MA
According to HUD data as of 2023, there were 327 mortgage originations in Whitman, MA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Whitman, MA. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 327 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Whitman, MA
As of 2024, the percent of homes in Whitman, MA under the Section 8 program is 7.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Whitman, MA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 125 |
Total Units Section 8 | 125 |
% Rentals under Section 8 | 7.9% |
% Occupied Section 8 | 95.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$210 | $1,900 | $1,690 |
| 2 Bedroom | -$1,000 | $3,200 | $2,200 |
| 3 Bedroom | $90 | $2,700 | $2,790 |
| 4 Bedroom | $210 | $2,800 | $3,010 |
Affordability — Whitman, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $538,000 |
| Median Household Income | $108,000 |