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Friday, April 18, 2025

Elkhart home prices fall in the first quarter of 2018

Realestate5

The median sale price of a home sold in the first quarter of 2018 in Elkhart fell by $13,150 while total sales decreased by 20%, according to BlockShopper.com.

From January through March of 2018, there were four homes sold, with a median sale price of $89,750 - a 12.8% decrease over the $102,900 median sale price for the same period of the previous year. There were five homes sold in Elkhart in the first quarter of 2017.

The median sales tax in Elkhart for the most recent year with available data, 2017, was $1,761.60, approximately 2% of the median home sale price for the first quarter of 2018.

The following table compares Elkhart to other Logan County cities in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Elkhart45-20%$89,750$102,900-12.8%
Lincoln5566-16.7%$68,000$72,750-6.5%
New Holland20-$67,000$0-
Mount Pulaski411-63.6%$60,625$92,500-34.5%
Atlanta69-33.3%$60,250$61,500-2%
Emden3250%$57,500$96,500-40.4%
Middletown20-$36,000$0-
Hartsburg20-$27,500$0-
Latham31200%$25,000$15,00066.7%

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