The first quarter of 2021: Elkhart experienced a 26.3% drop in median home prices

Medium re 10

The median sale price of a home sold in the first quarter of 2021 in Elkhart fell by $45,250 while total sales increased by 25%, according to

From January through March of 2021, there were five homes sold, with a median sale price of $126,900 - a 26.3% decrease over the $172,150 median sale price for the same period of the previous year. There were four homes sold in Elkhart in the first quarter of 2020.

The median sales tax in Elkhart for the most recent year with available data, 2017, was $2,780, approximately 2.2% of the median home sale price for the first quarter of 2021.

The following table compares Elkhart to other Polk County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
West Des Moines20117514.9%$234,000$208,00012.5%
Windsor Heights241560%$201,250$169,00019.1%
Pleasant Hill3747-21.3%$196,000$218,780-10.4%
Des Moines1,01688514.8%$152,000$133,50013.9%

Blockshopper green logo