Is Elkhart, IL 62634 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Elkhart is a seller’s market. With about 0.9 months of supply and 14% 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.

Months of supply0.9Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market16Listing to accepted offer
Median price per sq ft$113▲ +32.1% vs. last year

Nearby markets

Atlanta 61723Seller’s market $113 /sq ftBeason 62512Seller’s market $97 /sq ftChestnut 62518 — /sq ftEmden 62635Seller’s market $147 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology