Photo: Ashton B Crew · CC BY 3.038 homes sold in Elkhart in the last year, at a typical $337K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Elkhart homes are listed.
Every place Elkhart homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Elkhart.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Elkhart’s sales, at a typical $337K
38 homes sold in the year to April 2026.
typical sale · 38 sold in 12 months
- Per square foot
- $255IA $158
- Days to sell
- 66
- Sold over asking
- 18%
- Listings with a price cut
- 23%
More homes sell than most years, at 1.9 times the 2016 price
38 sales in the last year, against 53 in 2020 and a low of 14 in 2012. The typical sale went from $180K in 2016 to $337K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Elkhart
Check a listing against what Elkhart homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Elkhart are rarer than before the pandemic, but a quarter fewer homes come up for sale
We read every month of Elkhart’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to April 2026, 38 sales.
If you’re buying in Elkhart
- Shop in July. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (44% over asking).
- Some room to negotiate. 23% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 99.2% of the list price on average; 18% paid over.
- You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 66 days.
Summer brings the homes; spring brings the bidding wars
July has the most new listings (about 5 a month), but March is the most competitive: 46% of March sales close over asking. September has the least competition (17%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Iowa as a whole
| Elkhart now | 2017–19 | 2021 peak | IA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 18% | 34% | 38% | 22% |
| Gone within two weeksShare of homes under contract within 14 days | 37% | 23% | 55% | 35% |
| Listings with a price cutShare of homes for sale that cut their price | 23% | 25% | 18% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99.2% | 99.5% | 100.1% | 97.6% |
| Days to sellMedian days from listing to contract | 66 | 86 | 37 | 45 |
8 homes for sale on a typical day
That’s 1.7 times the 2016 low (5), 26% fewer than in 2017–19 and well under 2012’s 11.
1 in 4 listings has cut its price
23% in the last year, against 25% in 2017–19 and 27% across Iowa.
Source: Redfin Data Center, city market tracker, January 2012 to April 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Elkhart home costs about $2,173 a month
Price: Elkhart’s typical sale, last 12 months. Property tax at Elkhart’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elkhart is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $337K home, about $4,970 a year.
Taxes vs. neighborsSchools
The schools grade for Elkhart, from test results, graduation and how much students grow.
Schools in ElkhartCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Ankeny, Bondurant, Saylorville and Altoona sell for less a square foot
The busier markets within 25 miles of Elkhart, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Ankeny | 1,508 | $337K | $224 | 20% | 55 |
| Altoona | 430 | $334K | $226 | 23% | 73 |
| Bondurant | 228 | $327K | $223 | 24% | 67 |
| Polk City | 124 | $403K | $263 | 20% | 67 |
| Huxley | 68 | $335K | $262 | 25% | 67 |
| Saylorville | 41 | $338K | $247 | 15% | 51 |
| Elkhart | 38 | $337K | $255 | 18% | 66 |
Redfin Data Center, May 2025 to April 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Elkhart, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elkhart. People who follow the town see it, and so do people comparing Elkhart with their own town. No commission, no listing fee.
Questions about buying a home in Elkhart
What do homes sell for in Elkhart, IA?
38 homes sold in the year to April 2026 at a typical $337K, $255 a square foot.
Is Elkhart a buyer’s or seller’s market?
A seller’s market: 4 homes were for sale in April 2026 and 5 sold, about 0.8 months of supply. Buyers paid 99.2% of asking on average, and 23% of listings cut their price.
When is the best time to buy in Elkhart?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Elkhart?
About 1.5% of a home’s value a year. On a $337K home that’s near $4,970.
Where can I see homes for sale in Elkhart?
Zillow, Redfin, Realtor.com and Homes.com all carry Elkhart’s MLS listings; the search links above open each one filtered to Elkhart.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).