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Area data

Elkhart, IN — ZIP 46516

Population: 31,871 (Census ACS)

Home values & appreciation

Median home value
$191,386
1-year appreciation
+4.9%
3-year appreciation
+13.7%
5-year appreciation
+31.1%
10-year appreciation
+119.5%
All-time peak (2026-07)
$191,386
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$191,000
Median list price
$218,000
Median days on market
16 days
Sale-to-list ratio
99.1%
Active listings
56
1-year forecast
+2.9%
Days to pending
37 days
New listings (monthly)
37

Rents

Typical rent
$1,075/mo
1-year rent change
+6.9%
1BR fair-market rent
$937/mo
3BR fair-market rent
$1,502/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
7
Elementary schools
5
Middle schools
0
High schools
1
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, strongWind, tornado, hail, iceStorm
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
61.0°F
Average low
44.0°F
Annual precipitation
43.7 in
Annual snowfall
29.6 in

Air quality

Air quality rating
Good
Median AQI (annual)
44
Days with Good air quality
228
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
8.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Indiana Dunes National Park (60 mi)
Nearest airport
Elkhart Municipal Airport (EKI) (4 mi)
Nearest major airport
South Bend International Airport (SBN) (19 mi)
Hospitals nearby (~15 mi)
8
Avg hospital rating
2.8 / 5
EV charging stations (within 10 mi)
8
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-413 tax filers

Housing stock

Median year housing built
1,962
Median annual property tax
$1,262
Mean commute to work
19 min
Households with broadband internet
73.6%

Employment & development

Total county employment
122,926
Average weekly wage
$1,156
Top industries (by employment)
Health Care, Wholesale Trade, Accommodation & Food
Annual residential building permits (county)
338

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents