Zip 46514 (Elkhart, IN) Housing

The housing median value in 46514 Elkhart, IN is $206,600, which is lower than the US House Median Value of $338,100. However, in the past year, the housing appreciation rate in 46514 Elkhart, IN was more than double that of the US average at 13.05%. This indicates a strong and growing housing market in the area- an excellent opportunity for potential home buyers or developers.

The median home cost in Elkhart (zip 46514) is $206,600. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Elkhart (zip 46514) is up 16.4%.

Average Age of Homes

- The median age of Elkhart (zip 46514) real estate is 42 years old

The Rental Market in Elkhart (zip 46514)

- Renters make up 25.5% of the Elkhart (zip 46514) population
- 2.1% of houses and apartments in Elkhart (zip 46514), 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, Indiana	United States
	18,261.0	139,647,020.0
	46	42
	$206,600	$338,100
	16.4%	16.6%
	58.3%	57.0%
	87.0%	101.1%
	$8.88	$10.98
	$1,298	$2,690
	66.2%	57.4%
	10.6%	11.2%
	23.1%	31.4%
Vacant Housing
	2.1%	1.9%
	3.0%	0.4%
	0.2%	0.7%
	2.1%	0.4%
	1.6%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	4.6%	2.6%
	3.4%	2.4%
	3.3%	2.8%
	5.6%	3.9%
	10.5%	4.5%
	24.6%	11.3%
	21.8%	13.0%
	15.7%	20.1%
	5.6%	13.6%
	1.6%	8.3%
	2.6%	9.7%
	0.4%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.0%	13.6%
	8.0%	13.6%
	18.2%	13.6%
	11.0%	13.2%
	17.3%	14.8%
	18.2%	13.6%
	13.2%	10.0%
	3.1%	4.7%
	13.7%	12.2%

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