Photo: Publichall · CC BY-SA 3.0495 homes sold in Elkhart in the last year, at a typical $186K
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.
4% of Elkhart’s sales are condos, at $63K more than a house
455 houses and 20 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 455 sold in 12 months
- Per square foot
- $127IN $148
- Days to sell
- 22
- Sold over asking
- 34%
- Listings with a price cut
- 34%
typical sale · 20 sold in 12 months
- Per square foot
- $146IN $160
- Days to sell
- 61
- Sold over asking
- 5%
- Listings with a price cut
- 30%
Multi-family (2–4 units): 20 sold, typical $140K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
495 sales in the last year, against 603 in 2021 and a low of 353 in 2014. The typical sale went from $87K in 2016 to $186K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K 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 more common than before the pandemic, but 56% fewer homes come up for sale
We read every month of Elkhart’s home sales since 2014 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 May 2026, 495 sales.
If you’re buying in Elkhart
- Shop in September. It brings about 53 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
- Bid near asking. Buyers paid 98.8% of the list price on average; 33% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 59 a month), and the most competition: 36% close over asking. September and October offer nearly as much choice with fewer homes bid up (23%). January has the least competition (20%) but only about 33 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Indiana
| Elkhart now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 33% | 20% | 40% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 52% | 1% | 3% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 33% | — | — | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 98.8% | 96.5% | 100.1% | 97.7% |
| Days to sellMedian days from listing to contract | 23 | 67 | 45 | 35 |
84 homes for sale on a typical day
That’s 1.4 times the 2023 low (61), 56% fewer than in 2017–19 and well under 2015’s 311.
1 in 3 listings has cut its price
33% in the last year, against — in 2017–19 and 33% across Indiana.
Since 2019, houses are up 73%, condos 85%
A house typically sold for $188K in the last year (455 sales), a condo for $251K (20).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Elkhart ranks 3rd of 132 busy Indiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Elkhart is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2014 to May 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 $1,104 a month
Price: Elkhart’s typical sale, last 12 months. Property tax at Elkhart’s 0.9% (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 June
The month with the most choice. December has the fewest, about 28.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $186K home, about $1,600 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.
No busy market nearby sells for less a square foot; Simonton Lake and Osceola for far more
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 | |
|---|---|---|---|---|---|
| Mishawaka | 600 | $198K | $144 | 34% | 22 |
| Elkhart | 495 | $186K | $125 | 33% | 23 |
| Granger | 405 | $400K | $149 | 26% | 25 |
| Dunlap | 74 | $299K | $140 | 39% | 32 |
| Simonton Lake | 57 | $311K | $159 | 19% | 31 |
| Osceola | 47 | $311K | $166 | 23% | 28 |
| Bristol | 20 | $294K | $144 | 0% | 37 |
Redfin Data Center, June 2025 to May 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, IN?
495 homes sold in the year to May 2026 at a typical $186K, $125 a square foot. Houses sold for about $188K, condos for about $251K.
Is Elkhart a buyer’s or seller’s market?
A seller’s market: 79 homes were for sale in May 2026 and 46 sold, about 1.7 months of supply. Buyers paid 98.8% of asking on average, and 33% of listings cut their price.
When is the best time to buy in Elkhart?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Elkhart?
About 0.9% of a home’s value a year. On a $186K home that’s near $1,600.
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).