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Thursday, November 14, 2024

Median home prices in Elkhart rose to $258,000 in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Elkhart rose by $68,000 while total sales remained unchanged with 13 homes sold, according to BlockShopper.com.

From January through June, there were 13 homes sold, with a median sale price of $258,000 - a 35.8 percent increase over the $190,000 median sale price for the same period of the previous year. There were 13 homes sold in Elkhart in the first half of 2021, as well.

The median sales tax in Elkhart for the most recent year with available data, 2017, was $2,780, approximately 1.1 percent of the median home sale price for the first half of 2022.

The following table compares Elkhart to other Polk County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Ankeny723868-16.7$292,000$255,00014.5
Bondurant87808.8$269,900$247,0009.3
Pleasant Hill1329440.4$268,500$233,50015
Urbandale293348-15.8$261,000$230,00013.5
West Des Moines397466-14.8$260,000$241,0007.9
Elkhart13130$258,000$190,00035.8
Windsor Heights706311.1$240,750$215,00012
Runnells19185.6$234,900$299,950-21.7
Altoona189217-12.9$232,500$250,000-7
Mitchellville352729.6$175,900$205,000-14.2
Des Moines2,4062,450-1.8$171,250$159,2507.5

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