Is Elkhart Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Elkhart Township was a Buyer's Market.
Housing Prices in Elkhart Township, IN
How much do homes in Elkhart Township, IN cost?
Median Sold Price
$225,000
$131/sqft
Based on all homes sold in April 2024.
The Median Sold Price hasn't changed since March 2024.
Summary: The median home sold price in Elkhart Township was $225,000 in April 2024, the same as last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $193.2K | N/A |
3 Bedrooms | $225K | $212.5K | -5.6% |
4 Bedrooms | - | $260K | N/A |
5+ Bedrooms | - | $200K | N/A |
Summary: Elkhart Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Elkhart Township, IN
How many homes are available in Elkhart Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 152 | +114.1% |
Summary: The Elkhart Township real estate market had 152 homes for sale in April 2024, a 114.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 25 | +212.5% |
3 Bedrooms | 34 | 78 | +129.4% |
4 Bedrooms | 23 | 38 | +65.2% |
5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The Elkhart Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 212.5%, 3 bedroom homes increased by 129.4%, 4 bedroom homes increased by 65.2%, and 5+ bedroom homes increased by 83.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 43 | +4200.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Elkhart Township in April 2024, up by 4200.0% month-over-month. Of the 41 sold homes, 37% were sold under asking, 27% were sold at asking, and 37% were sold over asking.
Days on Market for Elkhart Township, IN
We’re sorry, we don't have information for this market at the moment