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Elkhart, IN

Full City Profile · Indiana · Elkhart County County

3.0 /5.0
B Good
53,726 Population 1,911/sq mi density
$47,885 Median Income $26,902 per capita
$126,900 Home Value $219,024 Zillow
$981 Median Rent 30.9% income on rent
50°F Avg Temperature 275 sunny days/yr
1,258 Violent Crime/100K 4,445 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$47,885 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$126,900 home value, $981/mo rent
F
Safety
1.0 / 5.0
1,258 violent crimes/100K (231% above avg)
C
Education
2.4 / 5.0
17.5% bachelor's degree or higher

Housing Overview

Median Home Value
$126,900
55% below
US avg: $281,900
Median Rent
$981/mo
16% below
US avg: $1,163/mo
Homeownership Rate
52.7%
19% below US avg (65.4%)
Total Housing Units
24,622
Median year built: 1965

Home Value by Source

Census Median
$126,900
Zillow (ZHVI)
$219,024
Median Sale Price
$205,000
Median List Price
$212,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

52.7%
Owner-Occupied
47.3%
Renter-Occupied
53%
47%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$968/mo
1 Bedroom
$992/mo
2 Bedroom
$1,183/mo
3 Bedroom
$1,553/mo
4 Bedroom
$1,581/mo
Census median rent: $981/mo · Zillow rent: $1,134/mo

Market Indicators (Redfin)

Median Days on Market
38 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
31
Price Drops
22.4%
of listings with price reduction
Price Per Sq Ft
$130
Active Inventory
76
homes for sale

Affordability & Housing Stock

Rent Burden
30.9%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
52.7%

Complete Housing Data

Home Values

Census Median Value$126,900
Zillow Home Value (ZHVI)$219,024
Median Sale Price$205,000
Median List Price$212,000
Price Per Sq Ft$130

Rent

Census Median Rent$981
Zillow Rent (ZORI)$1,134
FMR Studio$968
FMR 1-Bedroom$992
FMR 2-Bedroom$1,183
FMR 3-Bedroom$1,553
FMR 4-Bedroom$1,581

Market

Days on Market38
Sale-to-List Ratio1.0%
Price Drops22.4%
Homes Sold31
Active Inventory76
Price Per Sq Ft$130

Ownership & Stock

Owner-Occupied52.7%
Renter-Occupied47.3%
Homeownership Rate52.7%
Total Housing Units24,622
Median Year Built1965
Rent Burden30.9%