Elkhart, IN County is experiencing a higher rate of house appreciation than the national average. The median value of housing in Elkhart, IN County is $215,500 compared to the US median value of $338,100 and the 1 year house appreciation here is 13.55% compared to 8.27% for the nation. This indicates that housing in Elkhart, IN County is becoming increasingly valuable and desirable as an investment opportunity.
The median home cost in Elkhart County is $215,500. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Elkhart County is up 16.4%.
Average Age of Homes
- The median age of Elkhart County real estate is 41 years old
The Rental Market in Elkhart County
- Renters make up 26.9% of the Elkhart County population
- 2.7% of houses and apartments in Elkhart County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.