2 days on RocketTour
$4,155 Closing Credit¹
#202515840, Nicolas Wyse, Listing Office: RE/MAX Results-Goshen
46507 Housing Market Report April 2025•Elkhart County, Indiana
Housing Prices in 46507, IN
How much do homes in 46507, IN cost?
Housing Market Conditions
Is 46507, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
46507 is a Seller's Market
Difference Since March 2025
Last month, 46507 has remained a Seller's Market.
Insight
46507 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$350,000$126/SqFt
+$52,950
+17.8%
Based on all homes sold in April 2025
Insight
Homes in 46507 have sold for 17.8% more than they did a month ago.
Summary: The median home sold price in 46507 was $350,000 in April 2025, up 17.8% from last month, and the median price per square foot was $126.
Median Sold Price By Bedrooms
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $280K | - | N/A |
| 33 Bedrooms | $297K | $244.9K | -17.6% |
| 44 Bedrooms | - | $730K | N/A |
| 55+ Bedrooms | $757K | $452.5K | -40.2% |
Summary: 46507 housing price by bedroom type for April 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 decreased by -17.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes decreased by -40.2%.
How does 46507, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
46507, IN
Housing supply in 46507, IN
How many homes are available in 46507, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 40Last MonthApr 2025 | ||
| 382 months agoMar 2025 | +5.3 % Change MoMMar – Apr |
Summary: The 46507 real estate market had 40 homes for sale in Apr 2025, a 5.3 % increase compared to Mar 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthApr 2025 | ||
| 102 months agoMar 2025 | -20.0 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 0 | -100.0% |
| 33 Bedrooms | 23 | 19 | -17.4% |
| 44 Bedrooms | 11 | 17 | +54.5% |
| 55+ Bedrooms | 3 | 4 | +33.3% |
Summary: 46507 housing inventory by bedroom type for April 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 decreased by -17.4%. The inventory for 4 bedroom homes increased by +54.5%. The inventory for 5 bedroom homes increased by +33.3%.
Asking Price vs. Sold Price
How much do homes in 46507, IN cost?
Over Asking Price0 Home
At Asking Price4 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in 46507, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 46507 in April 2025, down by 20.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and and 0% were sold over asking.
Days on Market for 46507, IN
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in 46507, IN
What homes are available in 46507, IN?
Popular Cities with Homes for Sale in Indiana
- Homes for sale in Anderson, IN
- Homes for sale in Bedford, IN
- Homes for sale in Bloomington, IN
- Homes for sale in Carmel, IN
- Homes for sale in Columbus, IN
- Homes for sale in Elkhart, IN
- Homes for sale in Evansville, IN
- Homes for sale in Fishers, IN
- Homes for sale in Fort Wayne, IN
- Homes for sale in Granger, IN
- Homes for sale in Greenfield, IN
- Homes for sale in Greenwood, IN
- Homes for sale in Indianapolis, IN
- Homes for sale in Kokomo, IN
- Homes for sale in Lafayette, IN
- Homes for sale in Muncie, IN
- Homes for sale in Noblesville, IN
- Homes for sale in Plainfield, IN
- Homes for sale in South Bend, IN
- Homes for sale in Terre Haute, IN
- Homes for sale in Westfield, IN
MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 03/01/2025 - 05/01/2025
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.