Median home value in zip code 46516 (Elkhart, IN) is $180,175, up 3.2% year over year. Part of the Elkhart-Goshen, IN metropolitan area.

Home Value$180,175

YoY Change

+3.2%

Prices rising — worse for buyers.

Affordability

Enter your income for 46516 (Elkhart).

Income (annual)

Down Payment

$36,035 on $180,175

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

Affordable18.8% of income

Under the 28% guideline.

PITI$1,172

P/I18.8%

Afford$269K

Room+$89K

P&I $911Tax $128Ins $133

6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

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

Metro Analysis

46516 is part of the Elkhart-Goshen, IN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Elkhart-Goshen, IN analysis

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