Data as of July 2026. Source: Realtor.com.
The ELKHART, IN real estate market (46516) currently shows 95 active listings, with 42 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
The median listing price has fallen 5.2% year-over-year, from $202,450 to $191,950.
Whether you are buying or selling in ELKHART, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 30,993 · Density: 683.7/mi² · Median household income: $52,970
Typical home value: $133,459 · Homeownership: 61.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46516 | Elkhart, IN 46516 | 0.0 mi | 66 | $20,937,774 | $227,500 | $317,239 |
| 46517 | Elkhart, IN 46517 | 4.4 mi | 38 | $13,424,640 | $296,224 | $353,280 |
| 46507 | Bristol, IN 46507 | 7.4 mi | 28 | $14,774,592 | $436,250 | $527,664 |
| 46526 | Goshen, IN 46526 | 9.0 mi | 40 | $12,448,520 | $301,175 | $311,213 |
| 49112 | Edwardsburg, MI 49112 | 9.6 mi | 24 | $12,141,648 | $403,750 | $505,902 |
| 46545 | Mishawaka, IN 46545 | 10.4 mi | 39 | $11,792,820 | $271,850 | $302,380 |
| 46573 | Wakarusa, IN 46573 | 11.1 mi | 2 | $694,000 | $347,000 | $347,000 |
| 46615 | South Bend, IN 46615 | 13.7 mi | 28 | $5,139,092 | $186,850 | $183,539 |
| 46553 | New Paris, IN 46553 | 14.4 mi | 14 | $5,876,080 | $339,900 | $419,720 |
| 49061 | Jones, MI 49061 | 15.4 mi | 4 | $2,640,000 | $660,000 | $660,000 |
| 46601 | South Bend, IN 46601 | 15.8 mi | 12 | $2,284,500 | $219,900 | $190,375 |
| 46550 | Nappanee, IN 46550 | 16.0 mi | 18 | $5,642,172 | $295,000 | $313,454 |
| 46613 | South Bend, IN 46613 | 16.5 mi | 27 | $3,042,630 | $102,400 | $112,690 |
As of July 2026, there are 95 active listings in ELKHART, IN (zip code 46516), compared to 89 the prior year.
The median listing price in ELKHART, IN 46516 is $191,950 as of July 2026, a 5.2% decrease from $202,450 the prior year.
Homes in ELKHART, IN 46516 spend an average of 40 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of July 2026, ELKHART, IN 46516 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in ELKHART, IN 46516 save an estimated $3,839 compared to a typical 5% commission on the median listing price of $191,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.