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ELKHART, IA 50073

Real Estate Market Report  ·  Polk County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
14
⇧ 133.3% vs 6 last year
Pending
8
57% pending ratio
Median Price
$362,000
⇩ 9.4% vs $399,550 last year
Average Price
$972,243
⇧ 143.2% vs $399,825 last year
Days on Market
53
vs 53 days last year

Market Context

Population: 959  ·  Density: 14.1/mi²  ·  Median household income: $87,500

Typical home value: $273,377  ·  Homeownership: 87.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The ELKHART, IA real estate market (50073) currently shows 14 active listings, with 8 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

The median listing price has fallen 9.4% year-over-year, from $399,550 to $362,000.

Whether you are buying or selling in ELKHART, IA, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 6 last year
  • Days on market: 53 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $362,000 (-9.4% YoY)
  • Average: $972,243 (+143.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.5 miles — 943 listings ($316,712,437 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50073Elkhart, IA 500730.0 mi14$13,611,402$362,000$972,243
50021Ankeny, IA 500215.4 mi290$119,963,720$354,990$413,668
50046Cambridge, IA 500466.7 mi7$2,171,575$237,333$310,225
50161Maxwell, IA 501617.5 mi8$3,495,520$284,900$436,940
50244Slater, IA 502447.7 mi5$1,687,250$349,950$337,450
50243Sheldahl, IA 5024310.2 mi3$1,799,700$599,900$599,900
50009Altoona, IA 5000910.8 mi157$56,450,606$369,945$359,558
50317Des Moines, IA 5031712.3 mi207$49,224,186$220,000$237,798
50169Mitchellville, IA 5016913.0 mi8$2,473,304$283,750$309,163
50316Des Moines, IA 5031613.2 mi51$9,287,457$177,000$182,107
50310Des Moines, IA 5031013.7 mi135$33,666,300$235,000$249,380
50301Des Moines, IA 5030114.2 mi1$1,650,000$1,650,000$1,650,000
50327Pleasant Hill, IA 5032714.5 mi57$21,231,417$363,745$372,481

Frequently Asked Questions

How many homes are for sale in ELKHART, IA 50073?

As of January 2026, there are 14 active listings in ELKHART, IA (zip code 50073), compared to 6 the prior year.

What is the median home price in ELKHART, IA 50073?

The median listing price in ELKHART, IA 50073 is $362,000 as of January 2026, a 9.4% decrease from $399,550 the prior year.

How long do homes stay on the market in ELKHART, IA?

Homes in ELKHART, IA 50073 spend an average of 53 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in ELKHART, IA 50073?

Based on current inventory and days-on-market data as of January 2026, ELKHART, IA 50073 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

How much can I save on real estate commission in ELKHART, IA?

With SELL123.com's maximum 3% commission, sellers in ELKHART, IA 50073 save an estimated $7,240 compared to a typical 5% commission on the median listing price of $362,000. 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.