Current Price

$204,886

1 Month Forecast

â–² $220,104

1-Year Forecast *

â–² $229,137

5-Year Forecast *

â–² $264,485

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elkhart" area is 264,485 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +29.09% meaning that investing 100000 USD today may yield a profit of 29,089 USD by 2031.

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: 2026-2032

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: $229,137* (upside of 11.8%)

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 $82,219 $86,981 $82,219 $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 229,137 USD in one year.

Is it profitable to invest in Elkhart homes?

Yes. The long-term profit potential is +11.84% 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 256,611 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 312,128 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 decreased, 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 decreased by 5.733% to 204,886 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 13.126% in 2021
  • 10.296% in 2022
  • 13.096% in 2023
  • 11.766% in 2024
  • 12.506% in 2025
  • 10.436% in 2026

Based on our Elkhart real estate market research and report the predicted sales prices will increase by 206.074% in the next 10 years.

Over the last 12 months, the value of homes in Elkhart fluctuated: increasing 4 times .

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

Below you will find the price predictions for 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 220104 208439 231770
September 2025 221368 206094 236643
October 2025 222640 211062 234217
November 2025 223918 207124 240712
December 2025 224834 210894 238774
Elkhart Housing Market Forecast with Real Estate Prices for 2026
January 2026 224347 211111 237584
February 2026 223710 212301 235120
March 2026 224016 204079 243954
April 2026 225234 204062 246407
May 2026 226528 214069 238987
June 2026 227829 209147 246511
July 2026 229137 216764 241511
August 2026 230453 210865 250042
September 2026 231777 219724 243829
October 2026 233108 214925 251290
November 2026 234446 218973 249920
December 2026 235591 219571 251611
Elkhart Housing Market Forecast with Real Estate Prices for 2027
January 2027 235711 218268 253154
February 2027 235705 222505 248904
March 2027 235639 219144 252134
April 2027 235591 222162 249020
May 2027 235146 212807 257485
June 2027 235188 218725 251651
July 2027 235727 213097 258357
August 2027 237081 213373 260789
September 2027 238442 220797 256087
October 2027 239811 226142 253481
November 2027 241189 220205 262172
December 2027 242338 218589 266087
Elkhart Housing Market Forecast with Real Estate Prices for 2028
January 2028 242976 227911 258040
February 2028 243120 224156 262083
March 2028 243037 227726 258348
April 2028 243012 228188 257836
May 2028 243786 226721 260851
June 2028 244869 222831 266908
July 2028 246051 224152 267949
August 2028 247109 230306 263912
September 2028 247886 234252 261519
October 2028 248562 235885 261238
November 2028 248867 227713 270021
December 2028 249057 231872 266242
Elkhart Housing Market Forecast with Real Estate Prices for 2029
January 2029 249278 226843 271713
February 2029 250156 233395 266916
March 2029 251592 227943 275242
April 2029 253037 235578 270497
May 2029 254490 237185 271796
June 2029 255952 239571 272333
July 2029 256611 243781 269442
August 2029 256630 243029 270232
September 2029 256815 234472 279158
October 2029 257246 243098 271395
November 2029 258383 240038 276728
December 2029 259867 244534 275199
Elkhart Housing Market Forecast with Real Estate Prices for 2030
January 2030 261359 237053 285665
February 2030 262860 240517 285203
March 2030 264369 247450 281289
April 2030 265450 250054 280846
May 2030 264876 246070 283682
June 2030 264124 246163 282084
July 2030 264485 242004 286966
August 2030 265923 244384 287463
September 2030 267450 253276 281625
October 2030 268986 249350 288622
November 2030 270531 255922 285140
December 2030 272085 248958 295212
Elkhart Housing Market Forecast with Real Estate Prices for 2031
January 2031 273647 258049 289245
February 2031 275219 255403 295034
March 2031 276799 251887 301711
April 2031 278151 257011 299290
May 2031 278292 263543 293042
June 2031 278285 256022 300548
July 2031 278207 250943 305472
August 2031 278151 260627 295674
September 2031 277626 256526 298725
October 2031 277675 259349 296002
November 2031 278311 257716 298906
December 2031 279909 251918 307900
Elkhart Housing Market Forecast with Real Estate Prices for 2032
January 2032 281517 262937 300097
February 2032 283134 263880 302387
March 2032 284760 256284 313235
April 2032 286117 258936 313298
May 2032 286870 261338 312401
June 2032 287039 259484 314595
July 2032 286942 268291 305593

> 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.