Property prices for sale in Elkhart (Indiana)

The prices in real estate in Elkhart, in the Indiana region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$238,459.83
Average price last 6 months
$235.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Elkhart has increased strongly during the last 6 months. In September, the average price per sq.feet was $158. In the following month the price per sq.feet increased considerably to $319. The price for the following two months in (November, December) decreased 94 % with regard to the prior two months. The price per sq.feet has increased 106 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $231 to $245 during January, and February.

Average price

Based upon to the price in Elkhart (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $239,324. In October This price remains at $234,091. In the following two months the average price has remained the same with regard to the previous two months from $236,707.5 to $233,289. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $234,998.25 and $245,383 between January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $245,922 they are 65 % more affordable than the average price for Elkhart. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $228,517.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $146 / sq.feet, with an average $319 / sq.feet price in Elkhart. The properties with the highest average prices have 3 bedrooms. They are 24 % more expensive than the average followed by properties with 1 bedroom with a price at $274 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $245,922 it is 66 % cheaper than the average price in Elkhart. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Condo". At a price of $370,217 it is 509 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $11 / sq.feet followed by "Condo" priced at $196 / sq.feet. "Land" is the most costly type of property with a $31,821 / sq.feet cost followed by "House" with an average price of $434 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Elkhart
Number of properties used in region Indiana
$245,922
$319
6,126
435,904
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value