Elkhart, IN metro area Housing Market Brief
metro · IN · as of August 2026
What is Elkhart, IN metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Elkhart, IN metro area in its market cycle?
Elkhart, IN metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Elkhart, IN metro area?
Our model forecasts Elkhart, IN metro area’s home prices to rise about 3.4% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Elkhart, IN metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $263K | ▼ -2.2% |
| Median Days on Market | 39 days | 0% |
| Months of Supply | 2.3 | ▲ +15% |
| Homes for Sale | 408 | ▲ +13.7% |
| Homes Sold | 186 | ▼ -0.5% |
| Median Price / Sq Ft | $150 | ▲ +6.4% |
How has Elkhart, IN metro area’s Alpha Score moved?
Markets like Elkhart, IN metro area
- Terre Haute, IN metro area, INmetro56
- East Stroudsburg, PA metro area, PAmetro56
- Evansville, IN metro area, INmetro54
- Akron, OH metro area, OHmetro62
- Fort Wayne, IN metro area, INmetro61
- Williamsport, PA metro area, PAmetro63
- Watertown, NY metro area, NYmetro59
- Marion, OH metro area, OHmetro60
- Joplin, MO metro area, MOmetro64
- Fort Smith, AR metro area, ARmetro55
Frequently asked questions
Is Elkhart, IN metro area a buyer's or seller's market?
As of August 2026, Elkhart, IN metro area is classified as a Balanced Market, based on its Alpha Score of 59 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Elkhart, IN metro area?
The median sale price in Elkhart, IN metro area is $263K, having fallen 2.2% over the past year.
How affordable is Elkhart, IN metro area?
Elkhart, IN metro area scores 67 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Elkhart, IN metro area's Alpha Score?
Elkhart, IN metro area's strongest dimension is Rental Yield (76/100) and its weakest is Inventory Health (42/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Elkhart, IN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.