Elkhart-Goshen Metro Area, IN Housing

The housing market in the Elkhart-Goshen, IN Metro Area is thriving. The median value of homes in this area is $215,500, which is significantly lower than the US national median value of $338,100. The appreciation rate over the last year for homes in Elkhart-Goshen has been 13.55%, which is higher than the US average of 8.27%. This high appreciation rate shows that housing in this area is becoming increasingly desirable and could be a great opportunity for those looking to invest in real estate or purchase a home.

The median home cost in Elkhart-Goshen Metro Area is $215,500. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Elkhart-Goshen Metro Area is up 16.4%.

Average Age of Homes

- The median age of Elkhart-Goshen Metro Area real estate is 41 years old

The Rental Market in Elkhart-Goshen Metro Area

- Renters make up 26.9% of the Elkhart-Goshen Metro Area population
- 2.7% of houses and apartments in Elkhart-Goshen Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elkhart-Goshen, Indiana	United States
	79,411.0	139,647,020.0
	45	42
	$215,500	$338,100
	16.4%	16.6%
	58.3%	57.0%
	87.0%	101.1%
	$8.74	$10.98
	$1,390	$2,690
	64.3%	57.4%
	10.2%	11.2%
	25.6%	31.4%
Vacant Housing
	2.7%	1.9%
	2.7%	0.4%
	0.5%	0.7%
	1.6%	0.4%
	0.8%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	2.3%	2.4%
	3.1%	2.8%
	6.1%	3.9%
	8.9%	4.5%
	22.9%	11.3%
	20.0%	13.0%
	20.0%	20.1%
	7.0%	13.6%
	3.4%	8.3%
	2.1%	9.7%
	0.8%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	16.6%	13.6%
	11.3%	13.2%
	14.8%	14.8%
	16.6%	13.6%
	10.2%	10.0%
	4.3%	4.7%
	16.8%	12.2%

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