Market Snapshot

46516

Real-time leading indicators • updated weekly  Full dashboard

More competitive than 58% of Indiana ZIP codes, and cooling compared to last year. Too noisy to tell apart from Elkhart County, which is cooling. Homes are selling faster than in Elkhart County: days on market down 36% vs down 7%.

Indiana Market Index

-18

Cooling compared to last year

Aug 3 to Nov 1, 2026 vs. the same weeks last year. 0 means no change. Small sample: 86 pending contracts in 13 weeks.

Nov 2024Nov 2026
Pending contracts, vs last year-25%
New listings, vs last year+0%
Days on market, vs last year36% faster
Sale-to-list price, vs last year-0.3 pts
Elkhart County

This week's storylines

Real-time market profile

Median List Price

$189,900 Latest week
• Flat Trend

Median Sale Price

$159,000 Latest week
• $230,000 Previous week

Percent of Original Asking Price

98.8% Latest week
• Downward Trend

Listings With Price Cuts

49.0% Latest week
• Downward Trend

Days to Pending

15 Latest week
• Upward Trend

New Pending Sales

5 Latest week
• Downward Trend

Pending in Three Days

20.0% Latest week
• Downward Trend

Active Listings

95 Latest week
• Upward Trend

How 46516 compares to nearby markets

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More competitive than 1 of 5 nearby markets, ranked by market competition.

Market Competition DOM Sale-to-list
46517 89% 15 98% 46514 83% 29 98% 46528 79% 5 96% 46561 64% 6 96%
46516 you 58% 22 96%
46507 21% 70 88%

This week's storylines

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