Photo: Asher Heimermann · CC BY-SA 4.033 homes sold in Elkhart Lake in the last year, at a typical $468K
Most homes sold are condos. 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 Lake homes are listed.
Every place Elkhart Lake 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 Lake.
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.
Condos are 76% of Elkhart Lake’s sales, at a typical $581K (year to May 2026)
33 homes sold in the year to September 2026.
typical sale · 26 sold in the year to May 2026
- Per square foot
- $381WI $209
- Days to sell
- 90
- Sold over asking
- 8%
- Listings with a price cut
- 24%
Houses: 8 sold, typical $453K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.4 times the 2016 price
33 sales in the last year, against 46 in 2024 and a low of 25 in 2023. The typical sale went from $197K in 2016 to $468K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $450K buys in Elkhart Lake
Check a listing against what Elkhart Lake 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 Lake are back to pre-pandemic levels, but 21% fewer homes come up for sale
We read every month of Elkhart Lake’s home sales since 2015 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 September 2026, 33 sales.
If you’re buying in Elkhart Lake
- Shop in July. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
- Offer under asking. Buyers paid 96.6% of the list price on average; 19% paid over.
- You’ll usually have time. Only 18% of homes go under contract within two weeks; the typical one takes 101 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 6 a month), but April is the most competitive: 29% of April sales close over asking. July offers nearly as much choice with fewer homes bid up (11%). March has the least competition (0%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Wisconsin
| Elkhart Lake now | 2017–19 | 2021 peak | WI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 19% | 16% | 11% | 35% |
| Gone within two weeksShare of homes under contract within 14 days | 18% | 26% | 16% | 44% |
| Price paid vs. askingAverage sale price ÷ list price | 96.6% | 96.7% | 97.6% | 99.2% |
| Days to sellMedian days from listing to contract | 101 | 116 | 110 | 53 |
17 homes for sale on a typical day
That’s 1.8 times the 2022 low (10), 21% fewer than in 2017–19 and well under 2017’s 25.
Since 2019, houses are up 75%, condos 167%
A house typically sold for $453K in the year to May 2026 (8 sales), a condo for $581K (26).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Elkhart Lake home costs about $2,874 a month
Price: Elkhart Lake’s typical sale, last 12 months. Property tax at Elkhart Lake’s 1.1% (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 Lake is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. November 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 $468K home, about $5,190 a year.
Taxes vs. neighborsSchools
The schools grade for Elkhart Lake, from test results, graduation and how much students grow.
Schools in Elkhart LakeTypical commute
The average one-way trip to work for people who live in Elkhart Lake.
Work & commuteCheck 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.
Kiel, Plymouth, New Holstein, Howards Grove, Sheboygan Falls and Kohler sell for less a square foot
The busier markets within 25 miles of Elkhart Lake, 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 | |
|---|---|---|---|---|---|
| Sheboygan Falls | 125 | $312K | $197 | 38% | 47 |
| Plymouth | 94 | $333K | $181 | 45% | 54 |
| New Holstein | 42 | $242K | $161 | 41% | 59 |
| Kohler | 37 | $572K | $238 | 27% | 84 |
| Kiel | 34 | $251K | $167 | 42% | 45 |
| Elkhart Lake | 33 | $468K | $344 | 19% | 101 |
| Howards Grove | 29 | $426K | $215 | 30% | 56 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Elkhart Lake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elkhart Lake. People who follow the town see it, and so do people comparing Elkhart Lake with their own town. No commission, no listing fee.
Questions about buying a home in Elkhart Lake
What do homes sell for in Elkhart Lake, WI?
33 homes sold in the year to September 2026 at a typical $468K, $344 a square foot.
Is Elkhart Lake a buyer’s or seller’s market?
A balanced market: 19 homes were for sale in September 2026 and 3 sold, about 5.1 months of supply. Buyers paid 96.6% of asking on average.
When is the best time to buy in Elkhart Lake?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Elkhart Lake?
About 1.1% of a home’s value a year. On a $468K home that’s near $5,190.
Where can I see homes for sale in Elkhart Lake?
Zillow, Redfin, Realtor.com and Homes.com all carry Elkhart Lake’s MLS listings; the search links above open each one filtered to Elkhart Lake.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).