$3,443 Closing Credit*
$289,900
3 Beds
•2 Full Baths
Jose Ramirez, Listing Office: Berkshire Hathaway HomeServices Elkhart
Is Elkhart Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Elkhart Township has remained a Seller's Market.
Key Takeaway
Elkhart Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elkhart Township, IN
How much do homes in Elkhart Township, IN cost?
Median Sold Price
$229,600
$129/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$10,300(-4.3%)
Key Takeaway
Homes in Elkhart Township have sold for 4.3% less than they did a month ago.
Summary: The median home sold price in Elkhart Township was $229,600 in November 2024, down 4.3% from last month, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $144.9K | - | N/A |
| 2 Bedrooms | $189K | $174.9K | -7.4% |
| 3 Bedrooms | $267.4K | $227.1K | -15.1% |
| 4 Bedrooms | $245K | $309.2K | +26.2% |
| 5+ Bedrooms | $332K | $710K | +113.9% |
Summary: Elkhart Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes increased by 113.9%.
Median Sold Price Compared To Nearby Cities
| Jefferson Township | $375K | $485K | +29.3% |
| Goshen | $269.9K | $270K | 0.0% |
| Elkhart Township | $239.9K | $229.6K | -4.3% |
| New Paris | $227K | $173.5K | -23.6% |
Housing Supply in Elkhart Township, IN
How many homes are available in Elkhart Township, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 391 | 421 | +7.7% |
Summary: The Elkhart Township real estate market had 421 homes for sale in November 2024, a 7.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 70 | 87 | +24.3% |
| 3 Bedrooms | 191 | 204 | +6.8% |
| 4 Bedrooms | 100 | 102 | +2.0% |
| 5+ Bedrooms | 25 | 24 | -4.0% |
Summary: The Elkhart Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 93 | 99 | +6.5% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elkhart Township, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.
Summary: A total of 99 homes were sold or pending in Elkhart Township in November 2024, up by 6.5% month-over-month. Of the 96 sold homes, 46% were sold under asking, 33% were sold at asking, and 21% were sold over asking.
Days on Market for Elkhart Township, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.