Housing Prices in Elkhart, IN
How much do homes in Elkhart, IN cost?
Median List Price
$224,900
$124/sqft
Based on all homes listed in March 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Elkhart has increased by 14.2% since February.
Summary: The median home list price in Elkhart was $224,900 in March 2024, up 14.2% from the previous month, and the median price per square foot was $124.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65.9K | $65.9K | 0.0% |
| 2 Bedrooms | $164K | $147K | -10.4% |
| 3 Bedrooms | $207.4K | $229.9K | +10.8% |
| 4 Bedrooms | $337.4K | $269K | -20.3% |
| 5+ Bedrooms | $205K | $280K | +36.6% |
Summary: Elkhart housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.4%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes increased by 36.6%.
Median List Price Compared To Nearby Cities
| Elkhart | $197K | $224.9K | +14.2% |
| Osolo Township | $227.4K | $242.4K | +6.6% |
| Concord Township | $184.9K | $179.9K | -2.7% |
| Cleveland Township | $377.4K | $332.4K | -11.9% |
| Baugo Township | $284.9K | $249K | -12.6% |
Housing Supply in Elkhart, IN
How many homes are available in Elkhart, IN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 | 102 | +126.7% |
Summary: The Elkhart real estate market had 102 homes for sale in March 2024, a 126.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 16 | +128.6% |
| 3 Bedrooms | 24 | 55 | +129.2% |
| 4 Bedrooms | 8 | 23 | +187.5% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Elkhart housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 128.6%, 3 bedroom homes increased by 129.2%, 4 bedroom homes increased by 187.5%, and 5+ bedroom homes increased by 40%.
Days on Market for Elkhart, IN
How long does it take to sell a home in Elkhart, IN?
Average Listing Age
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 73 Days | 48 Days | -34.6% |
Summary: Homes in Elkhart had an average listing age of 48 days in Mar 2024, down by 34.6% compared to the previous month.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.