Is Elkhart, IN 46514 a buyer’s or seller’s market?
Elkhart is a seller’s market. With about 2 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score76/ 100
More competitive than 81% of U.S. ZIP codes, and #21 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$148▲ +0.8% vs. last year
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Nearby markets
Bristol 46507Seller’s market $162 /sq ftElkhart 46516Seller’s market $147 /sq ftElkhart 46517Seller’s market $155 /sq ftGoshen 46526Seller’s market $159 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology