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Today: September 22, 2025

Current Price

$130,536

1 Month Forecast

$131,348

1-Year Forecast *

$130,563

5-Year Forecast *

$145,932

"Is it a good time to buy homes in Elkhart?" "Does investing in real estate in Elkhart (Illinois State, Logan County) worth it?" According to our live Forecast System, buying a house in Elkhart is a not so good short-term (1-year) investment*. The Elkhart average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elkhart" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elkhart in Illinois State, Logan County. If you are looking for homes for sale with good flipping profit, Elkhart can be a profitable property investment option. The median price of an average house in Elkhart was 130,536 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elkhart" area is 145,932 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +11.79% meaning that investing 100000 USD today may yield a profit of 11,795 USD by 2030.

Current Median Listing Price: 130,536 USD Median Listing Price Per Square Foot: 73 USD

Elkhart Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elkhart (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elkhart Price Target

Elkhart median home price target in 12 months: $130,563* (upside of 0.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $116,734 $130,536 $116,734 $130,536
2023 $105,435 $116,271 $105,435 $116,271
2022 $112,117 $104,525 $102,970 $112,625
2021 $107,003 $110,965 $106,294 $110,965
2020 $102,974 $108,099 $102,974 $109,282
2019 $95,986 $100,929 $95,986 $100,929
2018 $88,771 $95,080 $88,771 $95,080
2017 $82,239 $88,059 $81,043 $88,059
2016 $0 $83,402 $0 $88,675
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0
2011 $0 $0 $0 $0

Questions & Answers about the Elkhart Housing Market Forecast

How much does an average home cost in Elkhart today?

The value of an average home (the listing price) in Elkhart is $130,536 USD.

What is the average price per square foot in Elkhart?

According to Walletinvestor the median price per square foot in Elkhart is 73 USD.

Will the median listing price of homes in Elkhart grow / rise / go up?

Yes. The Elkhart home prices may rise from 130,536 USD to 130,563 USD in one year.

Is it profitable to invest in Elkhart homes?

Yes. The long-term profit potential is +0.02% in one year.

Will Elkhart house prices fall / drop?

No. See above.

What is the predicted price of a Elkhart home in 2030?

The predicted home sales price of a Elkhart home in 2030 in Elkhart is 145,932 USD.

What is the predicted price of a Elkhart home in 2035?

The predicted home sales price of a Elkhart home in 2035 in Elkhart is 170,610 USD.

Will real estate prices decrease in Elkhart?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elkhart is the 28608. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Logan, Elkhart increased, looking at the past 12 months.

According to Walletinvestor's Elkhart real estate market research, home values will increase in the next 12 months.

Median home values increased by 8.393% to 130,536 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 0.151% in 2020
  • 1.759% in 2021
  • 0.221% in 2022
  • 1.309% in 2023
  • 1.979% in 2024
  • 1.231% in 2025

Based on our Elkhart real estate market research and report the predicted sales prices will increase by 0.212% in the next 10 years.

Over the last 12 months, the value of homes in Elkhart fluctuated: increasing 3 times .

Elkhart (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elkhart Housing Market Forecast with Real Estate Prices for 2025
January 2025 131348 118870 143826
February 2025 131109 121931 140286
March 2025 130489 123051 137927
April 2025 129872 119872 139872
May 2025 130012 122471 137553
June 2025 130652 117979 143325
July 2025 130665 121649 139681
August 2025 130047 122765 137330
September 2025 129433 121796 137069
October 2025 129320 116388 142252
November 2025 129845 120626 139064
December 2025 130563 121685 139442
Elkhart Housing Market Forecast with Real Estate Prices for 2026
January 2026 131376 119421 143331
February 2026 132193 124923 139464
March 2026 133016 124370 141662
April 2026 133844 127018 140670
May 2026 134450 122215 146685
June 2026 134212 121596 146827
July 2026 133577 122757 144397
August 2026 132945 123905 141986
September 2026 132317 123716 140918
October 2026 131691 122210 141173
November 2026 131069 123074 139064
December 2026 130449 119491 141407
Elkhart Housing Market Forecast with Real Estate Prices for 2027
January 2027 130716 119867 141566
February 2027 131167 124477 137856
March 2027 131983 123140 140826
April 2027 132804 120453 145155
May 2027 133631 124945 142316
June 2027 134462 125722 143202
July 2027 135227 125897 144558
August 2027 136069 125864 146274
September 2027 136915 127742 146089
October 2027 137767 128675 146860
November 2027 138625 124762 152487
December 2027 139304 127463 151144
Elkhart Housing Market Forecast with Real Estate Prices for 2028
January 2028 140170 127695 152646
February 2028 141034 130457 151612
March 2028 141912 134391 149433
April 2028 142477 128372 156582
May 2028 143363 135048 151678
June 2028 144255 130695 157815
July 2028 145153 134557 155749
August 2028 144989 131070 158908
September 2028 144304 130595 158012
October 2028 143621 131701 155542
November 2028 143569 129212 157926
December 2028 144462 130161 158764
Elkhart Housing Market Forecast with Real Estate Prices for 2029
January 2029 145361 136058 154664
February 2029 146266 138367 154164
March 2029 147176 132605 161746
April 2029 148092 139206 156977
May 2029 147822 140135 155508
June 2029 147123 137413 156833
July 2029 146427 133834 159020
August 2029 146585 135298 157872
September 2029 147307 134786 159828
October 2029 147322 134947 159697
November 2029 146625 135775 157475
December 2029 145932 133674 158190
Elkhart Housing Market Forecast with Real Estate Prices for 2030
January 2030 145805 135161 156448
February 2030 146397 134246 158548
March 2030 147207 139405 155009
April 2030 148123 133459 162787
May 2030 149045 138910 159180
June 2030 149972 140074 159870
July 2030 150905 140795 161016
August 2030 151589 141281 161897
September 2030 151320 142090 160551
October 2030 150605 137351 163858
November 2030 149893 136252 163533
December 2030 149184 140979 157389
Elkhart Housing Market Forecast with Real Estate Prices for 2031
January 2031 148479 136600 160357
February 2031 147777 137284 158269
March 2031 147078 135459 158697
April 2031 147379 136179 158580
May 2031 147887 139162 156612
June 2031 148807 135563 162051
July 2031 149733 135209 164257
August 2031 150665 142077 159253
September 2031 151602 140384 162821
October 2031 152465 139201 165730
November 2031 153414 145283 161545
December 2031 154369 141710 167027
Elkhart Housing Market Forecast with Real Estate Prices for 2032
January 2032 155329 145854 164804
February 2032 156296 143479 169112
March 2032 157061 147481 166642
April 2032 158039 145870 170208
May 2032 159013 145815 172211
June 2032 160002 150082 169922
July 2032 160639 150679 170599
August 2032 161638 153557 169720
September 2032 162644 149795 175493
October 2032 163656 154819 172494
November 2032 163471 148759 178184
December 2032 162699 148381 177016

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.