Data as of September 2026. Source: Realtor.com.
The ELKHART, IN real estate market (46516) currently shows 100 active listings, with 34 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 46 days on market compared to 44 days last year.
The median listing price has fallen 5.6% year-over-year, from $227,600 to $214,950.
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 September 2026, there are 100 active listings in ELKHART, IN (zip code 46516), compared to 113 the prior year.
The median listing price in ELKHART, IN 46516 is $214,950 as of September 2026, a 5.6% decrease from $227,600 the prior year.
Homes in ELKHART, IN 46516 spend an average of 46 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELKHART, IN 46516 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in ELKHART, IN 46516 save an estimated $4,299 compared to a typical 5% commission on the median listing price of $214,950. 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.