Jaime Perez, Listing Office: Century 21 Circle
Elkhart Township Housing Market Report December 2024•Elkhart County, Indiana
Housing Prices in Elkhart Township, IN
How much do homes in Elkhart Township, IN cost?
Housing Market Conditions
Is Elkhart Township, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Elkhart Township is a Seller's Market
Difference Since November 2024
Last month, 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 December 2024
Homes in Elkhart Township have sold for 8.4% less than they did a month ago.
Summary: The median home sold price in Elkhart Township was $210,000 in December 2024, down 8.4% from last month, and the median price per square foot was $133.
Median Sold Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
New Paris | $173.5K | $274.2K | +58.1% |
Harrison Township | $243.2K | $295K | +21.3% |
Elkhart Township | $229.3K | $210K | -8.4% |
Goshen | $269.7K | $241.5K | -10.5% |
Jefferson Township | $485K | $300K | -38.1% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | $92.5K | N/A |
22 Bedrooms | $174.9K | $157.5K | -9.9% |
33 Bedrooms | $227.1K | $236K | +3.9% |
44 Bedrooms | $308.5K | $234K | -24.1% |
55+ Bedrooms | $710K | $497.5K | -29.9% |
Summary: Elkhart Township housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -9.9%. The home price for 3 bedroom homes increased by +3.9%. The home price for 4 bedroom homes decreased by -24.1%. The home price for 5 bedroom homes decreased by -29.9%.
Housing supply in Elkhart Township, IN
How many homes are available in Elkhart Township, IN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
372Last MonthDec 2024 | ||
4042 months agoNov 2024 | -7.9 % Change MoMNov – Dec |
Summary: The Elkhart Township real estate market had 372 homes for sale in Dec 2024, a 7.9 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
111Last MonthDec 2024 | ||
1002 months agoNov 2024 | +11.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 6 | +50.0% |
22 Bedrooms | 87 | 82 | -5.7% |
33 Bedrooms | 193 | 172 | -10.9% |
44 Bedrooms | 96 | 88 | -8.3% |
55+ Bedrooms | 24 | 24 | 0.0% |
Summary: Elkhart Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes decreased by -5.7%. The inventory for 3 bedroom homes decreased by -10.9%. The inventory for 4 bedroom homes decreased by -8.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Elkhart Township, IN cost?
Over Asking Price19 Homes
At Asking Price33 Homes
Under Asking Price55 Homes
If you're buying a home in Elkhart Township, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.
Summary: A total of 111 homes were sold or pending in Elkhart Township in December 2024, up by 11.0% month-over-month. Of the 107 sold homes, 51% were sold under asking, 31% were sold at asking, and and 18% were sold over asking.
Days on Market for Elkhart Township, 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 Township, IN
What homes are available in Elkhart Township, IN?
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 11/01/2024 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/24/2025, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.