#718721, Tammy Heckart, Listing office: RE/MAX Concepts
Elkhart Township Housing Market Report May 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 May 2024
Since last year, Elkhart Township has remained a Seller'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 the last 12 months
Homes in Elkhart Township have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Elkhart Township was $358,190 in May 2025, up 12.3% from last year, and the median price per square foot was $231.
Median Sold Price By Cities
City | May 2024 | May 2025 | Change YoY |
---|---|---|---|
Washington Township | $185K | $301K | +62.7% |
Maxwell | $230K | $295K | +28.3% |
Elkhart Township | $319K | $358.1K | +12.3% |
Elkhart | $310K | $307.7K | -0.7% |
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | $202K | N/A |
33 Bedrooms | $299.9K | $271K | -9.6% |
44 Bedrooms | $339.9K | $372.6K | +9.6% |
55+ Bedrooms | $359.8K | $441.1K | +22.6% |
Summary: Elkhart Township housing price by bedroom type for May 2025, compared to the previous year. 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 decreased by -9.6%. The home price for 4 bedroom homes increased by +9.6%. The home price for 5 bedroom homes increased by +22.6%.
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 |
---|---|---|
32Last MonthMay 2025 | ||
322 months agoApr 2025 | 0.0 % Change MoMApr – May |
Summary: The Elkhart Township real estate market had 32 homes for sale in May 2025, the same as Apr 2025
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
7Last MonthMay 2025 | ||
42 months agoApr 2025 | +75.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 0 | -100.0% |
33 Bedrooms | 7 | 7 | 0.0% |
44 Bedrooms | 17 | 18 | +5.9% |
55+ Bedrooms | 7 | 7 | 0.0% |
Summary: Elkhart Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +5.9%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Elkhart Township, IA cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price3 Homes
If you're buying a home in Elkhart Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Elkhart Township in May 2025, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and and 14% 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 Days1 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 May 2025, 7 homes were sold in Elkhart Township; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 86% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
158 DaysThis YearMay 2025 | ||
124 Days1 year agoMay 2024 | +27.4 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Elkhart Township had an average listing age of 158 days in May 2025, up by 27.4% compared to the previous year.
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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 06/01/2023 - 06/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 4:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.