46516 Real Estate Market

46516 Market

The median sale price for homes in 46516 over the last 12 months is $80,216.


The median mortgage debt is $76,950.

Additional Statistics for Single Family Homes and Condos in Elkhart, IN
$82,360
Median Listing Price
71
Median Days on Market
25
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
46516 (Elkhart, IN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Elkhart is $83,500. The list prices increased by 1.27% from the previous month.

The price per square foot for listings in this area is $76.

The median sale price in January for single family homes is $49,645. The sale prices dropped by -40.72% from the previous month.

The price per square foot for sales in this area is $29.

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46516 (Elkhart, IN) Market Inventory Trends

The number of active listings in Elkhart increased by 50% from the previous month.

The median number of days active properties have been listed is 74. This is significantly shorter than the national average.

The number of sales in January dropped by 88.2% from the previous month.

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46516 (Elkhart, IN) Property Ownership

The percent of owner occupied properties in Elkhart is 10.9% below the national average.

The percent of rental properties in Elkhart is 18.5% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.