#202507998, Erika Ortiz, Listing Office: Brick Built Real Estate
46517 Housing Market Report February 2025•Elkhart County, Indiana
Housing Prices in 46517, IN
How much do homes in 46517, IN cost?
Housing Market Conditions
Is 46517, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
46517 is a Seller's Market
Difference Since January 2025
Last month, 46517 has remained a Seller's Market.
46517 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 46517 have sold for 29.2% less than they did a month ago.
Summary: The median home sold price in 46517 was $159,250 in February 2025, down 29.2% from last month, and the median price per square foot was $106.
Median Sold Price By Bedrooms
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $158.2K | $133.7K | -15.5% |
33 Bedrooms | $277.5K | $201.7K | -27.3% |
44 Bedrooms | $228K | - | N/A |
55+ Bedrooms | - | - | N/A |
Summary: 46517 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 decreased by -15.5%. The home price for 3 bedroom homes decreased by -27.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does 46517, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
46517, IN
Housing supply in 46517, IN
How many homes are available in 46517, IN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
33Last MonthFeb 2025 | ||
442 months agoJan 2025 | -25.0 % Change MoMJan – Feb |
Summary: The 46517 real estate market had 33 homes for sale in Feb 2025, a 25.0 % decrease compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthFeb 2025 | ||
152 months agoJan 2025 | -60.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 11 | 8 | -27.3% |
33 Bedrooms | 21 | 16 | -23.8% |
44 Bedrooms | 11 | 8 | -27.3% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 46517 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 decreased by -27.3%. The inventory for 3 bedroom homes decreased by -23.8%. The inventory for 4 bedroom homes decreased by -27.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 46517, IN cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price4 Homes
If you're buying a home in 46517, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 46517 in February 2025, down by 60.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and and 17% were sold over asking.
Days on Market for 46517, IN
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in 46517, IN
What homes are available in 46517, IN?
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MLS Disclaimers and Copyright
Based on information from Indiana Regional 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: 3/13/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.