The median home in Elkhart, Indiana is valued at $214,725, up 5.0% year over year. Typical monthly rent is $1,166, producing a price-to-rent ratio of 15.3x — near the national average of 18x. Elkhart is part of the Elkhart-Goshen, IN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$214,725

+5.0%

Rent$1,166/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Elkhart.

Income (annual)

Down Payment

$42,945 on $214,725

Example: $75,000 household income. Change it above to see your own.

Affordable21.9% of income

Under the 28% guideline.

PITI$1,371

P/I21.9%

Afford$274K

Room+$59K

P&I $1,086Tax $152Ins $133

Renting $205/mo cheaper ($1,166 rent)6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Indiana

Compare Elkhart with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full Elkhart-Goshen, IN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Elkhart-Goshen, IN metro.

View Elkhart-Goshen, IN metro

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Elkhart, IN