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Today: September 22, 2025

Current Price

$204,886

1 Month Forecast

$220,128

1-Year Forecast *

$232,437

5-Year Forecast *

$271,252

"Is it a good time to buy homes in Elkhart?" "Does investing in real estate in Elkhart (Indiana State, Elkhart County) worth it?" According to our live Forecast System, buying a house in Elkhart is a 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 Indiana State, Elkhart 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 204,886 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 271,252 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +32.39% meaning that investing 100000 USD today may yield a profit of 32,391 USD by 2030.

Current Median Listing Price: 204,886 USD Median Listing Price Per Square Foot: 114 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 (Indiana 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: $232,437* (upside of 13.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $215,441 $218,848 $215,441 $218,848
2024 $196,326 $204,886 $196,326 $204,886
2023 $188,433 $195,703 $188,433 $195,789
2022 $170,762 $188,789 $170,762 $188,885
2021 $152,418 $168,505 $152,418 $168,505
2020 $138,569 $150,579 $138,569 $150,579
2019 $130,958 $137,743 $130,958 $137,743
2018 $120,379 $129,616 $120,379 $129,616
2017 $111,596 $119,242 $111,596 $119,242
2016 $103,672 $111,001 $103,672 $111,001
2015 $96,692 $102,848 $96,692 $102,848
2014 $90,996 $96,071 $90,996 $96,071
2013 $86,768 $90,857 $85,851 $90,857
2012 $82,051 $86,981 $81,966 $86,981

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 $204,886 USD.

What is the average price per square foot in Elkhart?

According to Walletinvestor the median price per square foot in Elkhart is 114 USD.

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

Yes. The Elkhart home prices may rise from 204,886 USD to 232,437 USD in one year.

Is it profitable to invest in Elkhart homes?

Yes. The long-term profit potential is +13.45% 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 271,252 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 336,204 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 451. largest city in the United States, located in Indiana State.

During the last 12 months the real estate prices in Elkhart, 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 2.061% to 204,886 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 12.547% in 2020
  • 14.377% in 2021
  • 12.197% in 2022
  • 13.597% in 2023
  • 13.867% in 2024
  • 15.407% in 2025

Based on our Elkhart real estate market research and report the predicted sales prices will increase by 253.115% in the next 10 years.

Over the last 12 months, the value of homes in Elkhart fluctuated: increasing 10 times .

Elkhart (Indiana) 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
August 2025 220128 205159 235097
September 2025 221416 201931 240900
October 2025 222711 204226 241196
November 2025 224014 204076 243951
December 2025 225324 209777 240871
Elkhart Housing Market Forecast with Real Estate Prices for 2026
January 2026 226642 212590 240694
February 2026 227968 214062 241874
March 2026 229302 211645 246958
April 2026 230643 215420 245865
May 2026 231992 211809 252175
June 2026 232941 213607 252275
July 2026 232437 216399 248475
August 2026 231777 209294 254259
September 2026 232094 212366 251822
October 2026 233356 213987 252724
November 2026 234721 214300 255142
December 2026 236094 213665 258523
Elkhart Housing Market Forecast with Real Estate Prices for 2027
January 2027 237475 214915 260035
February 2027 238864 216172 261556
March 2027 240261 217677 262846
April 2027 241667 221609 261725
May 2027 243081 219502 266659
June 2027 244268 226436 262099
July 2027 244392 227040 261744
August 2027 244385 228500 260270
September 2027 244317 231124 257510
October 2027 244267 228879 259656
November 2027 243806 225765 261848
December 2027 243850 227268 260432
Elkhart Housing Market Forecast with Real Estate Prices for 2028
January 2028 244408 226567 262250
February 2028 245819 229841 261797
March 2028 247257 232421 262092
April 2028 248703 235522 261885
May 2028 250158 228895 271422
June 2028 251351 227975 274726
July 2028 252012 232103 271921
August 2028 252161 231484 272838
September 2028 252075 234430 269721
October 2028 252049 228609 275490
November 2028 252852 239956 265747
December 2028 253976 232388 275564
Elkhart Housing Market Forecast with Real Estate Prices for 2029
January 2029 255201 232999 277404
February 2029 256299 236564 276034
March 2029 257104 235764 278444
April 2029 257806 238212 277399
May 2029 258122 237989 278256
June 2029 258319 244887 271752
July 2029 258549 239675 277423
August 2029 259459 244151 274767
September 2029 260976 244796 277157
October 2029 262503 243078 281928
November 2029 264039 243444 284634
December 2029 265583 252038 279128
Elkhart Housing Market Forecast with Real Estate Prices for 2030
January 2030 266268 242836 289699
February 2030 266288 247914 284661
March 2030 266479 249425 283534
April 2030 266927 241569 292285
May 2030 268106 244512 291699
June 2030 269674 252415 286933
July 2030 271252 257147 285357
August 2030 272838 254831 290846
September 2030 274434 260164 288705
October 2030 276040 248712 303368
November 2030 277655 263494 291815
December 2030 279279 257495 301063
Elkhart Housing Market Forecast with Real Estate Prices for 2031
January 2031 280913 256473 305352
February 2031 282556 259386 305725
March 2031 284209 260335 308082
April 2031 285371 257690 313052
May 2031 284753 260549 308957
June 2031 283945 257254 310636
July 2031 284333 256753 311914
August 2031 285879 270156 301603
September 2031 287552 271449 303655
October 2031 289234 263203 315265
November 2031 290926 271725 310127
December 2031 292628 265998 319257
Elkhart Housing Market Forecast with Real Estate Prices for 2032
January 2032 294339 276385 312294
February 2032 296061 271192 320930
March 2032 297793 269503 326083
April 2032 299247 279796 318698
May 2032 299400 273951 324849
June 2032 299391 271847 326935
July 2032 299308 274166 324450
August 2032 299247 279197 319296
September 2032 298682 274190 323174
October 2032 298735 272148 325323
November 2032 299420 274268 324571
December 2032 301148 276453 325842
Elkhart Housing Market Forecast with Real Estate Prices for 2033
January 2033 302909 281706 324113
February 2033 304681 280916 328446
March 2033 306464 288382 324545
April 2033 307924 281443 334406
May 2033 308734 292063 325406
June 2033 308917 285439 332395
July 2033 308812 289048 328576

> 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.