Elkhart County, IN Home Values & Market Trends
The median home price in Elkhart County, IN is $230,975.41. There were 4,267 home sales in Elkhart County, IN over the past 12 months. The median residential Elkhart County, IN home value for transactions over the previous year is $165,755.727. The number of current listings in Elkhart County, IN is 323, and the percentage of properties for sale is 323.00%. The county has 190 foreclosures, 9 bank owned properties, 28 headed for auction, and 323 properties for sale.
Elkhart County, IN Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Elkhart | $ 235,164 $ 126/sqft | Middlebury | $ 327,619 $ 154/sqft |
Goshen | $ 228,873 $ 125/sqft | New Paris | $ 269,500 $ 123/sqft |
Bristol | $ 435,000 $ 143/sqft | Wakarusa | $ 313,674 $ 109/sqft |
Nappanee | $ 205,000 $ 141/sqft | Millersburg | $ 233,337 $ 121/sqft |
Housing Market Summary for Elkhart County, IN
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $216.3K | $220K | 1.69% |
Median Sold Price | $225K | $220K | -2.22% |
Homes For Sale | 355 | 299 | -15.77% |
Homes Sold | 1,760 | 1,775 | 0.85% |
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 County, IN
Browse Homes in Elkhart County, IN
Elkhart County, IN home values range from $19,674 to $24,106,161. Bristol is the priciest city with a median listing home price of $394,950, and Nappanee is most affordable with average house prices of around $205,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.26% of all residential properties in Elkhart County, IN with Elkhart containing 85 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Elkhart County, IN; of those cities, the estimated home value for pre-foreclosure homes ranges from $422,064 in New Paris to the lowest home value of $70,512 in Elkhart.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elkhart County, IN ranges from the highest value of $219,900 in Goshen to the lowest value of $59,900 in Elkhart. Bank owned homes and properties account for 0.02% of properties in Elkhart County, IN. There are 8 cities within Elkhart County, IN; Elkhart containing 6 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsElkhart has 18 auction properties, the highest number of properties going to auction in a single city in the state of Elkhart County, IN. Auction homes and other auction properties account for 0.05% of all properties in Elkhart County, IN. There are 8 cities within Elkhart County, IN; of those cities, the median estimated home value for homes going to auction ranges from $314,819 in Wakarusa to the lowest value of $49,625 in Wakarusa.
Compare Nearby Cities
More Real Estate Resources for Elkhart County, IN
Guide for Elkhart County, IN
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?
RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.