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Elkhart, IN Home Values and Rents

The typical home value in Elkhart is $229,980, 228th highest of 351 cities and towns in Indiana. Median rent is $1,186 a month.

Typical home value
$229,980
228th of 351 in IN
Median rent
$1,186/mo
Zillow observed rent
Price change, 1 year
+6.1%
Sep 2026
Homeownership
53.2%
IN: 70.6%

Home sale prices in the Elkhart-Goshen, IN area

Zillow median sale price, Sep 2026

$258,982-0.4% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Elkhart

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodElkhart
Sep 2026$229,980
Dec 2025$220,310
Dec 2024$209,014
Dec 2023$199,645
Dec 2022$192,593
Dec 2021$171,900
Dec 2020$153,613
Dec 2019$140,518
Dec 2018$132,227
Dec 2017$121,645
Dec 2016$113,238
Dec 2015$104,920
Dec 2014$98,007
Dec 2013$92,687
Dec 2012$88,734

Over five years, Elkhart prices changed +34.3%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
146514$197,800$1,113+6.3%+53.7%
246517$177,200$938+2.6%+52.6%
346516$153,400$1,016+4.8%+57.5%

Fair Market Rents, FY2027

HUD rent standard for Elkhart-Goshen, IN MSA

IN rents
Unit sizeMonthly rentvs FY2026
Studio$1,008+4.1%
1 bedroom$1,048+5.6%
2 bedrooms$1,253+5.9%
3 bedrooms$1,653+6.4%
4 bedrooms$1,752+10.8%

Frequently asked questions

What is the typical home value in Elkhart, IN?
The typical home value in Elkhart is $229,980 (Zillow Home Value Index, Sep 2026). The Indiana median is $218,200.
How much is rent in Elkhart?
The median rent in Elkhart is $1,186 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,253.
Are home prices going up in Elkhart?
The typical home value in Elkhart changed +6.1% over one year and +34.3% over five years, as of Sep 2026.
How does Elkhart compare with the rest of Indiana?
Elkhart has the 228th highest median home value of 351 cities and towns with 1,000+ residents in Indiana.
Which ZIP code in Elkhart has the highest home values?
ZIP code 46514 has the highest median home value at $197,800, and 46516 has the lowest at $153,400.