#713402, Randy Brady, Listing Office: LPT Realty, LLC
Elkhart Township Housing Market Report February 2025•Polk County, Iowa
Housing Prices in Elkhart Township, IA
How much do homes in Elkhart Township, IA cost?
Housing Market Conditions
Is Elkhart Township, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Elkhart Township is a Seller's Market
Difference Since January 2025
Last month, Elkhart Township was a Buyer's Market.
Elkhart Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in February 2025
Homes in Elkhart Township have sold for 2.7% less than they did a month ago.
Summary: The median home sold price in Elkhart Township was $354,995 in February 2025, down 2.7% from last month, and the median price per square foot was $233.
Median Sold Price By Bedrooms
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | - | N/A |
33 Bedrooms | $260K | - | N/A |
44 Bedrooms | $397.4K | $354.9K | -10.7% |
55+ Bedrooms | $364.7K | $400.4K | +9.8% |
Summary: Elkhart Township housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -10.7%. The home price for 5 bedroom homes increased by +9.8%.
How does Elkhart Township, IA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Elkhart Township, IA
Housing supply in Elkhart Township, IA
How many homes are available in Elkhart Township, IA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
28Last MonthFeb 2025 | ||
362 months agoJan 2025 | -22.2 % Change MoMJan – Feb |
Summary: The Elkhart Township real estate market had 28 homes for sale in Feb 2025, a 22.2 % decrease compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthFeb 2025 | ||
52 months agoJan 2025 | +20.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 5 | 4 | -20.0% |
44 Bedrooms | 21 | 17 | -19.0% |
55+ Bedrooms | 9 | 6 | -33.3% |
Summary: Elkhart Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes decreased by -19.0%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Elkhart Township, IA cost?
Over Asking Price0 Home
At Asking Price4 Homes
Under Asking Price2 Homes
If you're buying a home in Elkhart Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Elkhart Township in February 2025, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% were sold at asking, and and 0% were sold over asking.
Days on Market for Elkhart Township, IA
How long does it take to sell a home in Elkhart Township, IA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days6 Homes
Most homes in Elkhart Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 6 homes were sold in Elkhart Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
312 DaysLast MonthFeb 2025 | ||
186 Days1 month agoJan 2025 | +68.0 % Change MoMJan – Feb |
Summary: Homes in Elkhart Township had an average listing age of 312 days in Feb 2025, up by 68.0% compared to the previous month.
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Newest Listings in Elkhart Township, IA
What homes are available in Elkhart Township, IA?
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MLS Disclaimers and Copyright
Based on information from Des Moines MLS, for the period 01/01/2025 - 03/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.