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
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 Market | 157 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 14.3% |
| Homes Sold | 3 |
| Active Inventory | 7 |
| Price Per Sq Ft | $219 |
Ownership & Stock
| Owner-Occupied | 85.9% |
| Renter-Occupied | 14.1% |
| Homeownership Rate | 85.9% |
| Total Housing Units | 262 |
| Median Year Built | 2003 |
| Rent Burden | 28.6% |
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