Elkhart, IN Home Values & Market Trends
Real estate market trends reflect that there have been 1,541 transactions over the past year in Elkhart. The median value for residential home transactions that occurred over the previous year is $245,469. The number of current listings in Elkhart is 1,520, and the percentage of properties for sale in the city is 1520.00%. Elkhart, IN currently has 93 properties in foreclosure, 4 bank owned properties, 30 properties headed for auction, and 1,520 properties for sale.
Elkhart, IN Real Estate Market Overview
Housing Market Summary for Elkhart, IN
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $245.9K | $255K | 3.68% |
| Median Sold Price | $225K | $205.1K | -8.83% |
| Homes For Sale | 1,041 | 1,520 | 46.01% |
| Homes Sold | 663 | 588 | -11.31% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elkhart, IN
Browse Homes in Elkhart, IN
Elkhart home values range from $25,383 to $2,245,000. The median estimated value of a home in Elkhart is $245,469. The median list price of a home is 255,000, and the total count of properties in the city is 2,287.
- Pre-ForeclosurePre-foreclosure homes account for 2.58% of all residential properties in Elkhart, IN with 46514 containing 29 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Elkhart, IN; of those zips, the estimated home value for pre-foreclosure homes ranges from $426,485 in 46516 to the lowest home value of $60,029 in 46517.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elkhart, IN ranges from the highest value of $166,030 in 46514 to the lowest value of $153,303 in 46514. Bank owned homes and properties account for 0.17% of properties in Elkhart, IN. There are 3 zips within Elkhart, IN; 46514 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions46514 has 19 auction properties, the highest number of properties going to auction in a single zip in the state of Elkhart, IN. Auction homes and other auction properties account for 1.31% of all properties in Elkhart, IN. There are 3 zips within Elkhart, IN; of those zips, the median estimated home value for homes going to auction ranges from $912,330 in 46517 to the lowest value of $105,816 in 46517.
Compare Nearby Cities
More Real Estate Resources for Elkhart, IN
Guide for Elkhart, IN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
