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Friday, November 15, 2024

August 2021: Home prices in Elkhart increased

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The median sale price of a home sold in August 2021 in Elkhart rose by $313,500 while total sales increased by 150%, according to BlockShopper.com.

In August 2021, there were five homes sold, with a median sale price of $480,000 - a 188.3% increase over the $166,500 median sale price for the same period of the previous year. There were two homes sold in Elkhart in August 2020.

The median sales tax in Elkhart for the most recent year with available data, 2017, was $2,780, approximately 0.6% of the median home sale price for August 2021.

The following table compares Elkhart to other Polk County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Elkhart52150%$480,000$166,500188.3%
Runnells47-42.9%$463,575$380,00022%
Granger220%$392,235$399,950-1.9%
Polk City1315-13.3%$355,000$322,00010.2%
Clive2128-25%$325,000$295,00010.2%
Johnston585016%$322,500$274,00017.7%
Saylorville1011-9.1%$304,000$386,000-21.2%
Grimes2852-46.2%$281,750$267,0005.5%
Bondurant2225-12%$267,000$240,00011.3%
Altoona39375.4%$265,000$243,5608.8%
Ankeny186214-13.1%$264,500$250,0005.8%

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