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Elkhart Housing Market Report March 2025•Elkhart County, Indiana
Housing Prices in Elkhart, IN
How much do homes in Elkhart, IN cost?
Housing Market Conditions
Is Elkhart, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Elkhart is a Seller's Market
Difference Since February 2025
Last month, Elkhart has remained a Seller's Market.
Insight
Elkhart is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$225,000$133/SqFt
+$28,500
+14.5%
Based on all homes sold in March 2025
Insight
Homes in Elkhart have sold for 14.5% more than they did a month ago.
Summary: The median home sold price in Elkhart was $225,000 in March 2025, up 14.5% from last month, and the median price per square foot was $133.
Median Sold Price By Cities
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| Baugo Township | $187.5K | $280K | +49.3% |
| Cleveland Township | $314.9K | $404.9K | +28.6% |
| Concord Township | $161K | $201.5K | +25.2% |
| Elkhart | $196.5K | $225K | +14.5% |
| Osolo Township | $259.4K | $234.9K | -9.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $60K | - | N/A |
| 22 Bedrooms | $157.5K | $137.5K | -12.7% |
| 33 Bedrooms | $197K | $222.5K | +12.9% |
| 44 Bedrooms | $307.7K | $281.1K | -8.6% |
| 55+ Bedrooms | $645K | $514.9K | -20.2% |
Summary: Elkhart housing price by bedroom type for March 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 -12.7%. The home price for 3 bedroom homes increased by +12.9%. The home price for 4 bedroom homes decreased by -8.6%. The home price for 5 bedroom homes decreased by -20.2%.
How does Elkhart, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Elkhart, IN
Housing supply in Elkhart, IN
How many homes are available in Elkhart, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 274Last MonthMar 2025 | ||
| 2412 months agoFeb 2025 | +13.7 % Change MoMFeb – Mar |
Summary: The Elkhart real estate market had 274 homes for sale in Mar 2025, a 13.7 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 76Last MonthMar 2025 | ||
| 542 months agoFeb 2025 | +40.7 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 1 | -50.0% |
| 22 Bedrooms | 42 | 47 | +11.9% |
| 33 Bedrooms | 127 | 141 | +11.0% |
| 44 Bedrooms | 53 | 63 | +18.9% |
| 55+ Bedrooms | 17 | 22 | +29.4% |
Summary: Elkhart housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +11.9%. The inventory for 3 bedroom homes increased by +11.0%. The inventory for 4 bedroom homes increased by +18.9%. The inventory for 5 bedroom homes increased by +29.4%.
Asking Price vs. Sold Price
How much do homes in Elkhart, IN cost?
Over Asking Price13 Homes
At Asking Price19 Homes
Under Asking Price39 Homes
Insight
If you're buying a home in Elkhart, you may be able to get a good deal. 54.9% of homes here sold below asking price last month.
Summary: A total of 76 homes were sold or pending in Elkhart in March 2025, up by 40.7% month-over-month. Of the 71 sold homes, 55% were sold under asking, 27% were sold at asking, and and 18% were sold over asking.
Days on Market for Elkhart, 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 Elkhart, IN
What homes are available in Elkhart, IN?
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 02/01/2025 - 04/01/2025
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: 4/9/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.