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Elkhart, IN 46516 Real Estate & Property Data

Elkhart, IN 46516 Real Estate Market Trends

Last Updated: September 20, 2025

A total of 531 residential properties have been sold over the past 12 months in 46516. With a median sales price of $206,250 in 46516 and a total of 13 foreclosures in Elkhart, IN 46516. Discover market trends and get the granular level real estate data for Elkhart, IN 46516 to keep your pulse on the housing market. Curate compelling home reports for Elkhart, IN 46516 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Elkhart, IN 46516 Real Estate Market Trends

Get property data for any address in Elkhart, IN 46516 or the country:

Total Residential Properties 10,524

Total Commercial Properties 959

Avg. Home Age (Single Family Home) 70 Years

Avg. Square Feet (Single Family Home) 1,481

Total 2025 Residential Sales (year-to-date) 297

% of Homes Seriously Underwater (Q3 2025) 1.01%

Total 2024 Residential Sales 469

% of Equity Rich Homes (Q3 2025) 29.55%

Effective 2024 Property Tax 0.85%

Total Foreclosure Filings (year-to-date) 52

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Elkhart, IN 46516 Real Estate Overview

There were 531 residential properties sold in the past year in Elkhart, IN 46516. The median home value in Elkhart, IN 46516 is $188,500. There are a total of 10,524 residential properties in the 46516.

Median Sales Price i

$206,250

(Jul 2025)

+15.9%

year-over-year

y-o-y

July '25 Jul '25 $206,250
June '25 Jun '25 $180,663
May '25 May '25 $197,027
April '25 Apr '25 $215,450
March '25 Mar '25 $220,000
February '25 Feb '25 $190,962
January '25 Jan '25 $186,250
December '24 Dec '24 $174,000
November '24 Nov '24 $205,700
October '24 Oct '24 $198,000
September '24 Sep '24 $165,000
August '24 Aug '24 $188,500

Median Down Payment i

$34,875

(Jul 2025)

+150.1%

year-over-year

y-o-y

July '25 Jul '25 $34,875
June '25 Jun '25 $30,344
May '25 May '25 $38,946
April '25 Apr '25 $31,641
March '25 Mar '25 $52,521
February '25 Feb '25 $31,525
January '25 Jan '25 $35,577
December '24 Dec '24 $5,067
November '24 Nov '24 $8,375
October '24 Oct '24 $8,005
September '24 Sep '24 $13,600
August '24 Aug '24 $17,752

Number of Homes Sold i

45

(Jul 2025)

-4.3%

year-over-year

y-o-y

July '25 Jul '25 45
June '25 Jun '25 48
May '25 May '25 49
April '25 Apr '25 32
March '25 Mar '25 48
February '25 Feb '25 41
January '25 Jan '25 34
December '24 Dec '24 27
November '24 Nov '24 36
October '24 Oct '24 42
September '24 Sep '24 38
August '24 Aug '24 44

Number of Purchase Loans i

30

(Jul 2025)

-26.8%

year-over-year

y-o-y

July '25 Jul '25 30
June '25 Jun '25 31
May '25 May '25 36
April '25 Apr '25 23
March '25 Mar '25 23
February '25 Feb '25 28
January '25 Jan '25 23
December '24 Dec '24 24
November '24 Nov '24 25
October '24 Oct '24 31
September '24 Sep '24 29
August '24 Aug '24 37

Number of REFI Loans i

19

(Jul 2025)

-24%

year-over-year

y-o-y

July '25 Jul '25 19
June '25 Jun '25 18
May '25 May '25 30
April '25 Apr '25 21
March '25 Mar '25 41
February '25 Feb '25 20
January '25 Jan '25 20
December '24 Dec '24 25
November '24 Nov '24 22
October '24 Oct '24 36
September '24 Sep '24 20
August '24 Aug '24 25

Number of HELOC Loans i

10

(Jul 2025)

-33.3%

year-over-year

y-o-y

July '25 Jul '25 10
June '25 Jun '25 11
May '25 May '25 12
April '25 Apr '25 11
March '25 Mar '25 5
February '25 Feb '25 11
January '25 Jan '25 11
December '24 Dec '24 8
November '24 Nov '24 14
October '24 Oct '24 9
September '24 Sep '24 15
August '24 Aug '24 9

Elkhart, IN 46516 Real Estate Market Overview

Last 30 days

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Elkhart, IN 46516 Foreclosure Activity

There were a total of 13 Elkhart, IN 46516 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i

13

(Jul 2025)

+225%

year-over-year

y-o-y

July '25 Jul '25 13
June '25 Jun '25 3
May '25 May '25 10
April '25 Apr '25 5
March '25 Mar '25 7
February '25 Feb '25 1
January '25 Jan '25 13
December '24 Dec '24 9
November '24 Nov '24 3
October '24 Oct '24 3
September '24 Sep '24 9
August '24 Aug '24 3

Foreclosure Starts i

9

(Jul 2025)

+200%

year-over-year

y-o-y

July '25 Jul '25 9
June '25 Jun '25 2
May '25 May '25 8
April '25 Apr '25 3
March '25 Mar '25 6
February '25 Feb '25 1
January '25 Jan '25 12
December '24 Dec '24 4
November '24 Nov '24 3
October '24 Oct '24 3
September '24 Sep '24 7
August '24 Aug '24 2

Completed Foreclosures (REOs) i

July '25 Jul '25 N/A
June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 2
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 N/A

Nearby Zip Codes

1. 46514
2. 46517

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