Housing in 46517 Elkhart, IN is affordable compared to the US median of $338,100. The median value of housing in this area is currently at $197,000 and has seen a 13.05% increase in the past year - well above the US average of 8.27%. With so much appreciation, it may be a great time for potential buyers to invest in housing in this area.
The median home cost in Elkhart (zip 46517) is $197,000. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Elkhart (zip 46517) is up 16.4%.
Average Age of Homes
- The median age of Elkhart (zip 46517) real estate is 43 years old
The Rental Market in Elkhart (zip 46517)
- Renters make up 33.7% of the Elkhart (zip 46517) population
- 3.2% of houses and apartments in Elkhart (zip 46517), 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.