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Homes for Sale Under 500K in Elkhart, IN

325 Homes for Sale

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Elkhart, IN Housing Market Overview

Elkhart is moving fast, and is a seller's market. Just 1.3 months of supply and 25 days on the market mean less competition for buyers and more leverage for you.

Status

Seller's Market

Days on Market

25

Inventory

325

Aug 2021Mar 2024Mar 2026

Median Home Price

$177,450Up 0.06%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
325 Down 0.02%
Newly Listed Homes
34 Down 0.28%
Months of Supply
1.3 Down 0.50%

Housing Demand

Homes Sold
48 Down 0.00%
Sale-to-List Ratio
98.2% Up 0.55%
Homes Sold Above List
25% Up 5.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Elkhart Market Report
  • mls-img
    Based on information provided by the Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service through Sep 19, 2026, 2:37 AM as submitted to and distributed by MLS GRID. Information Deemed Reliable But Not Guaranteed. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2026 Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service. All rights reserved.
  • mls-imgIDX Logo
    IDX information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Elkhart, IN Housing Marketlink qauare
Homes Available icon

325

Homes Available

Median List Price icon

$ 177,450

Median List Price

Avg on Market icon

25 Days

Avg on Market

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