Elkhart County, Indiana home prices
Typical home $266,459 · +5.5% in a year · property tax 0.82%
The typical home in Elkhart County is worth $266,459, 4% more than the Indiana typical home ($257,165). Values changed +5.5% in the past year and +32.0% over five years. Homeowners here pay a median 0.82% of their home's value in property tax each year ($2,174 on the typical home), versus 0.74% statewide.
Mortgage on the typical Elkhart County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,292 | $213,167 | $1,434 | $0 | $314 | $1,748 | $74,900 |
| 10% down | $26,646 | $239,813 | $1,613 | $100 | $314 | $2,028 | $86,900 |
| 5% down | $13,323 | $253,136 | $1,703 | $105 | $314 | $2,123 | $91,000 |
| 3.5% down (FHA) | $9,326 | $261,632 | $1,760 | $118 | $314 | $2,192 | $94,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.82% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Indiana · part of the Elkhart metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Dubois County | $266,447 | +5.6% | 0.66% |
| Harrison County | $266,960 | +3.7% | 0.53% |
| Marshall County | $265,595 | +7.0% | 0.66% |
| Clark County | $265,250 | +1.8% | 0.77% |
| Switzerland County | $259,924 | +6.9% | 0.45% |
| Bartholomew County | $274,111 | +2.5% | 0.75% |
| Putnam County | $274,190 | +4.9% | 0.48% |
| La Porte County | $258,616 | +4.3% | 0.77% |
| Noble County | $257,549 | +4.6% | 0.67% |
| Decatur County | $256,719 | +5.2% | 0.62% |
Frequently asked questions
What is the average home price in Elkhart County, IN?
The typical home value in Elkhart County is $266,459 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Elkhart County?
About $74,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Elkhart County?
The median effective rate is 0.82% of home value a year (Census ACS 2024 5-year estimates).