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Friday, November 15, 2024

Rising home prices in Elkhart in December 2021

Re 9

The median sale price of a home sold in December 2021 in Elkhart rose by $43,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In December 2021, there were two homes sold, with a median sale price of $262,000 - a 19.6% increase over the $219,000 median sale price for the same period of the previous year. There were two homes sold in Elkhart in December 2020, as well.

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 December 2021.

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

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Pleasant Hill1527-44.4%$315,000$269,00017.1%
Mitchellville16-83.3%$314,900$239,25031.6%
Grimes3443-20.9%$307,750$267,00015.3%
Ankeny110153-28.1%$304,950$262,00016.4%
West Des Moines6589-27%$265,000$255,0003.9%
Elkhart220%$262,000$219,00019.6%
Urbandale6364-1.6%$237,000$216,7509.3%
Bondurant718-61.1%$235,000$248,500-5.4%
Altoona40392.6%$234,950$223,0005.4%
Windsor Heights171070%$220,000$178,06523.6%
Alleman10-$208,000$0-

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