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Multi-family Foreclosures in Elkhart, IA

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Elkhart, IA Foreclosures

How much do homes sell for in Elkhart, IA?
The average home price is currently $355,036.
In Elkhart, IA, how many homes are available?
There are currently 179 active home listings available in Elkhart.
What’s the average rental cost in Elkhart, IA?
The average rental price in Elkhart is $1,461.
What is the most expensive home in Elkhart?
The most expensive home sold in Elkhart had a price of $4,369,208.
What is currently the cheapest priced home in Elkhart, IA?
The cheapest home for sale in Elkhart is priced at $19,568.

Living in Elkhart, IA

Elkhart, IA, is a quaint small town that emphasizes community and tranquility. With its close proximity to Des Moines, residents enjoy the best of both rural charm and urban convenience. The area boasts beautiful parks and a friendly downtown, making it an attractive place to live.

Current Market Conditions in Elkhart, IA

The Elkhart real estate market has shown noticeable growth over the past year, with an increase in both home prices and demand. The community has attracted many families looking for affordable housing and a safe environment. The market remains competitive, with new listings often receiving multiple offers.

Home Value Estimator For Elkhart, IA

There are currently 601 real estate properties in Elkhart, IA, with a median automated valuation model (AVM) price of $303,464.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elkhart, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elkhart, IA, is $355,036.00, with the most expensive house in Elkhart, IA, topping out at $4,369,208.00 and the cheapest home in Elkhart, IA, clocking in at $19,568.00. In other words, there’s something for every potential homebuyer or savvy investor in Elkhart, IA!

Rent Prices In Elkhart, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elkhart, IA, is on a rollercoaster ride. The average rent price in Elkhart, IA, is $1,461.00. Indeed, when looking to rent in Elkhart, IA, you can expect to pay as little as $820.00 or as much as $1,960.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Elkhart, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Elkhart, IA Multi-family Homes

Market Trend for Elkhart, IA

Total Listings Available: 179

Market Values:

Home Prices from $19,568 to $4,369,208

Average Sales Price: $355,036

Rental Values:

Rental from $820 to $1,960

Average Rent Value: $1,461 / month

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