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Elkhart, IN 46516 Real Estate & Property Data

Elkhart, IN 46516 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 497 residential properties have been sold over the past 12 months in 46516. With a median sales price of $190,962 in 46516 and a total of 1 foreclosures in Elkhart, IN 46516. Discover market trends and get the granular level real estate data for Elkhart, IN 46516 to keep your pulse on the housing market. Curate compelling home reports for Elkhart, IN 46516 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 10,522

Total Commercial Properties 961

Avg. Home Age (Single Family Home) 70 Years

Avg. Square Feet (Single Family Home) 1,482

Total 2025 Residential Sales (year-to-date) 71

% of Homes Seriously Underwater (Q2 2025) 1.03%

Total 2024 Residential Sales 463

% of Equity Rich Homes (Q2 2025) 29.08%

Effective 2024 Property Tax 0.83%

Total Foreclosure Filings (year-to-date) 14

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Elkhart, IN 46516 Real Estate Overview

There were 497 residential properties sold in the past year in Elkhart, IN 46516. The median home value in Elkhart, IN 46516 is $179,878. There are a total of 10,522 residential properties in the 46516.

Median Sales Price i

$190,962

(Feb 2025)

+23.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $190,962
January '25 Jan '25 $186,250
December '24 Dec '24 $174,000
November '24 Nov '24 $205,700
October '24 Oct '24 $198,000
September '24 Sep '24 $165,000
August '24 Aug '24 $191,000
July '24 Jul '24 $178,000
June '24 Jun '24 $145,000
May '24 May '24 $170,000
April '24 Apr '24 $175,000
March '24 Mar '24 $172,875

Median Down Payment i

$31,525

(Feb 2025)

+294.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $31,525
January '25 Jan '25 $35,577
December '24 Dec '24 $5,067
November '24 Nov '24 $8,375
October '24 Oct '24 $8,005
September '24 Sep '24 $13,600
August '24 Aug '24 $17,000
July '24 Jul '24 $13,000
June '24 Jun '24 $6,915
May '24 May '24 $8,000
April '24 Apr '24 $10,800
March '24 Mar '24 $8,331

Number of Homes Sold i

(Feb 2025)

+13.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 41
January '25 Jan '25 30
December '24 Dec '24 26
November '24 Nov '24 36
October '24 Oct '24 42
September '24 Sep '24 38
August '24 Aug '24 39
July '24 Jul '24 47
June '24 Jun '24 41
May '24 May '24 45
April '24 Apr '24 37
March '24 Mar '24 39

Number of Purchase Loans i

(Feb 2025)

+11.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 29
January '25 Jan '25 21
December '24 Dec '24 24
November '24 Nov '24 25
October '24 Oct '24 31
September '24 Sep '24 29
August '24 Aug '24 34
July '24 Jul '24 41
June '24 Jun '24 25
May '24 May '24 31
April '24 Apr '24 24
March '24 Mar '24 25

Number of REFI Loans i

(Feb 2025)

-28.6%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 20
January '25 Jan '25 20
December '24 Dec '24 30
November '24 Nov '24 22
October '24 Oct '24 36
September '24 Sep '24 21
August '24 Aug '24 26
July '24 Jul '24 26
June '24 Jun '24 20
May '24 May '24 16
April '24 Apr '24 24
March '24 Mar '24 24

Number of HELOC Loans i

(Feb 2025)

+44.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 13
January '25 Jan '25 11
December '24 Dec '24 8
November '24 Nov '24 14
October '24 Oct '24 9
September '24 Sep '24 15
August '24 Aug '24 9
July '24 Jul '24 15
June '24 Jun '24 7
May '24 May '24 9
April '24 Apr '24 16
March '24 Mar '24 10

Elkhart, IN 46516 Real Estate Market Overview

Last 30 days

Street
Street
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Elkhart, IN 46516 Foreclosure Activity

There were a total of 1 Elkhart, IN 46516 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 1 Elkhart, IN 46516 properties and repossessed 2 Elkhart, IN 46516 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

-75%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years