5 hours on RocketVideo tour
$4,014 Closing Credit¹
#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.
Insight
46517 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$159,250$106/SqFt
-$65,750
-29.2%
Based on all homes sold in February 2025
Insight
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
Insight
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?
19 hours on Rocket
$2,007 Closing Credit¹
#202507946, Jackie Mahony, Listing Office: Coldwell Banker Real Estate Group
1 day on RocketVideo tour
$3,788 Closing Credit¹
#202507767, Tara Lochmandy, Listing Office: Cressy & Everett- Goshen
1 day on RocketVideo tour
$2,601 Closing Credit¹
#202507744, Michele Matheis, Listing Office: Cressy & Everett - South Bend
7 days on RocketVideo tour
$2,969 Closing Credit¹
#202506952, Julie Hall, Listing Office: Patton Hall Real Estate
Backup offersVideo tour
$2,613 Closing Credit¹
#202506761, Jennea Schirr, Listing Office: McKinnies Realty, LLC Elkhart
Backup offersVideo tour
$2,553 Closing Credit¹
#202506758, Jennea Schirr, Listing Office: McKinnies Realty, LLC Elkhart
$2,791 Closing Credit¹
#202506598, Jackie Mahony, Listing Office: Coldwell Banker Real Estate Group
Video tour
$2,019 Closing Credit¹
#202506462, Michelle Bordeau, Listing Office: SUNRISE Realty
Video tour
$3,503 Closing Credit¹
#202506011, Tracy DeShone, Listing Office: RE/MAX Results-Goshen
Video tour
$1,780 Closing Credit¹
#202504314, Mirian Ortiz Cardoso, Listing Office: Berkshire Hathaway HomeServices Elkhart
#202502840, Carmen Ramirez Montenegro, Listing Office: St. Joseph Realty Group
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 01/01/2025 - 03/01/2025
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: 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.