The median sale price of a home sold in the fourth quarter of 2021 in Elkhart fell by $60,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.
From October through December of 2021, there were three homes sold, with a median sale price of $90,000 – a 40% decrease over the $150,000 median sale price for the same period of the previous year. There were three homes sold in Elkhart in the fourth quarter of 2020, as well.
The median sales tax in Elkhart for the most recent year with available data, 2019, was $1,777, approximately 2% of the median home sale price for the fourth quarter of 2021.
The following table compares Elkhart to other Logan County cities 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) |
|---|---|---|---|---|---|---|
| Lincoln | 66 | 89 | -25.8% | $90,000 | $77,500 | 16.1% |
| Elkhart | 3 | 3 | 0% | $90,000 | $150,000 | -40% |
| Atlanta | 8 | 11 | -27.3% | $89,500 | $102,000 | -12.3% |
| Hartsburg | 2 | 2 | 0% | $89,312.50 | $68,420 | 30.5% |
| Emden | 5 | 3 | 66.7% | $68,500 | $124,500 | -45% |
| Mount Pulaski | 12 | 9 | 33.3% | $57,000 | $89,000 | -36% |
| Middletown | 0 | 1 | -100% | $0 | $45,000 | -100% |
| New Holland | 0 | 1 | -100% | $0 | $108,000 | -100% |
| Latham | 0 | 1 | -100% | $0 | $52,000 | -100% |
