The median sale price of a home sold in the fourth quarter of 2021 in Elkhart rose by $38,950 while total sales increased by 166.7%, according to BlockShopper.com.
From October through December of 2021, there were eight homes sold, with a median sale price of $256,950 – a 17.9% increase over the $218,000 median sale price for the same period of the previous year. There were three homes sold in Elkhart in the fourth quarter of 2020.
The median sales tax in Elkhart for the most recent year with available data, 2017, was $2,780, approximately 1.1% of the median home sale price for the fourth quarter of 2021.
The following table compares Elkhart to other Polk County cities with similar median sale prices in the fourth quarter of 2021:
| City | Oct. – Dec. 2021 Home Sales | Oct. – Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. – Dec. 2021 Median Sales Price | Oct. – Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Grimes | 98 | 133 | -26.3% | $306,000 | $258,000 | 18.6% |
| Ankeny | 397 | 473 | -16.1% | $296,500 | $243,000 | 22% |
| Clive | 53 | 52 | 1.9% | $295,000 | $301,000 | -2% |
| Pleasant Hill | 53 | 89 | -40.4% | $272,000 | $225,000 | 20.9% |
| Saylorville | 18 | 19 | -5.3% | $265,000 | $235,000 | 12.8% |
| Elkhart | 8 | 3 | 166.7% | $256,950 | $218,000 | 17.9% |
| Runnells | 10 | 13 | -23.1% | $256,450 | $322,500 | -20.5% |
| Altoona | 115 | 133 | -13.5% | $255,000 | $230,000 | 10.9% |
| Urbandale | 175 | 214 | -18.2% | $244,900 | $222,000 | 10.3% |
| West Des Moines | 218 | 270 | -19.3% | $240,250 | $240,150 | 0% |
| Bondurant | 41 | 55 | -25.5% | $235,000 | $248,500 | -5.4% |
