Sign In Register

Elkhart, IA

Full City Profile · Iowa · Polk County County

3.4 /5.0
B Good
680 Population 360/sq mi density
$81,771 Median Income $37,506 per capita
$241,700 Home Value $314,122 Zillow
50°F Avg Temperature 275 sunny days/yr
109 Violent Crime/100K 1,284 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$81,771 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$241,700 home value, /mo rent
F
Safety
1.0 / 5.0
109 violent crimes/100K
B
Education
3.1 / 5.0
25.8% bachelor's degree or higher

Housing Overview

Median Home Value
$241,700
14% below
US avg: $281,900
Homeownership Rate
85.9%
31% above US avg (65.4%)
Total Housing Units
262
Median year built: 2003

Home Value by Source

Census Median
$241,700
Zillow (ZHVI)
$314,122
Median Sale Price
$311,500
Median List Price
$311,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.9%
Owner-Occupied
14.1%
Renter-Occupied
86%
14%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo

Market Indicators (Redfin)

Median Days on Market
157 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$219
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
85.9%

Complete Housing Data

Home Values

Census Median Value$241,700
Zillow Home Value (ZHVI)$314,122
Median Sale Price$311,500
Median List Price$311,000
Price Per Sq Ft$219

Rent

FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Days on Market157
Sale-to-List Ratio1.0%
Price Drops14.3%
Homes Sold3
Active Inventory7
Price Per Sq Ft$219

Ownership & Stock

Owner-Occupied85.9%
Renter-Occupied14.1%
Homeownership Rate85.9%
Total Housing Units262
Median Year Built2003
Rent Burden28.6%