Market Intelligence · IN / Elkhart

Elkhart, IN 46517 Housing Market

The typical home value in Elkhart, IN 46517 is $246,094, up 5.8% over the past year. Sellers are listing at a median price of $314,500, and homes are spending a median of 33 days on the market.

Updated August 2026Median value$247K

The median home value in Elkhart, IN 46517 is $247K as of August 2026, up 6.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

Get a cash offer

Sell without the wait

Sell your Elkhart home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 46517 range

$228K to $267K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 46517 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Elkhart, IN.

12-month value trend

+6.0% over 12 months

Typical home value in 46517 over the last 12 months: $233K in Aug 2025 to $247K in Aug 2026 (+6.0%).

Aug 2025$233K

Aug 2026$247K

The numbers

What is the 46517 housing market like?

Typical home value

$247K

Up6.0%YoY

Median list price

$315K

Up5.0%MoM

Days on market

33

Down10.8%MoM

Homes for sale

28

Up3.7%MoM

Price cuts

14.0%

Down40.7%MoM

New listings

24

Up20.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

Free home value report

See what your 46517 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 46517 home prices compare?

  • 46517$247,340
  • Elkhart$247,340
  • Indiana$237,708
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Elkhart: 3 ZIPs; Indiana: 697 ZIPs; United States: 26,265 ZIPs).

Context

Elkhart, IN 46517 currently has 28 homes for sale, with 24 new listings coming to market. The median list price sits at $314,500, while the typical home value is $246,094, up 5.8% over the past year. Homes are moving at a median of 33 days on market, and 14.0% of listings have taken a price cut. That is a market with steady appreciation and reasonable turnover. For a seller, realistic pricing matters here, since some listings are adjusting downward before finding a buyer.

Monthly payment

Estimate your monthly payment.

20% · $49,468

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.