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Elkhart MSA

Metro Area • 1 County • 71,751 Households

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Insights

Inventory

Trend accelerating upward

Shifted from +2%/wk to +5%/wk

New weekly trend • Week of Aug. 03, 2026

Pending contracts

Recent trend -33% vs +10% last year

Fell by 23 pending sales

Trend down vs last year • Week of Aug. 03, 2026

Percent of asking price
$1M+

$1M+ range down 2% YOY, lags other ranges

Fell by 2.1 pts

Price band down • July 2026

Weekly sale price

Recent trend +2% vs -13% last year

+ $40,425

Trend up vs last year • Week of Aug. 03, 2026

New listings
$350K-$499K

$350K-$499K range up 29% YOY

+ 99 listings

Price band up • July 2026

Closed sales
$350K-$499K

$350K-$499K range up 32% YOY

+ 77 sales

Price band up • July 2026

Inventory

Up 11% YOY

+ 36 available listings

YOY up • July 2026

Pending sales
$750K-$999K

$750K-$999K range up YOY

+ 29 pending sales

Price band up • July 2026

Price per square foot
$1M+

$1M+ range up 15% YOY, outpaces other ranges

+ $51 per square foot

Price band up • July 2026

Monthly Indicators

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Closed Sales

184 July 2026
• -16% MoM

Median Sale Price

$265,500 July 2026
• -8% MoM

July 2026: New Listings 251 ▼ • Months of Inventory 2.2 ▲

Leading Indicators

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New Pending Sales

36 3-Wk. Avg.
• Downward Trend

Percent of Original Asking Price

98.5% 3-Wk. Avg.
• Flat Trend

Week of Aug. 03, 2026: Listing Price $319,000 → • Days on Market 10 →

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