Market Intelligence Report — IN-140

Elkhart-Goshen, IN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IN-08
As of the latest 2026 data
Accelerated

Median Listing

$345K
+2.1% YoY

Pending Ratio

0.61
-20.1% YoY

Active Inventory

358
+22.6% YoY

Median DOM

39 Days
+0.0% YoY

Primary Intelligence Tool — Sold Score™

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The Elkhart-Goshen, IN metro currently exhibits an Accelerated market condition, evidenced by a pending ratio of 0.61. This indicates that demand continues to absorb a significant portion of available inventory, although this metric has declined by 20.1% over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.1%-1.1 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

208,774+0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Elkhart-Goshen market right now.

Active listings have expanded considerably over the past year, increasing by 22.6%, with new listings also seeing a substantial rise of 24.4% in the same period. Despite this growth in supply, the median listing price has maintained an upward trajectory, showing a 2.1% increase year-over-year and a 1.0% month-over-month gain. Median days on market remained stable over the past year, while the share of price reductions saw a modest year-over-year increase of 2.8%.

Historical Analysis

Market Trends

Median Price

$345K+1.0% MoM

Active Inventory

358+22.6% YoY

Days on Market

39+0.0% YoY

Sold Score™

63-20.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

63
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

While inventory expansion is notable, the pending ratio of 0.61 suggests that properties are still moving at a relatively brisk pace. Negotiating leverage for prospective buyers remains limited as demand continues to absorb a significant portion of available supply. Price discipline is maintained by ongoing median price appreciation and stable days on market.

Luxury Segment

The average listing price increased by 3.6% over the past year, while the median listing price rose by 2.1%. With a median price per square foot showing a 5.8% year-over-year increase, there is no distinct luxury-segment signal of softening in this dataset.

Supply Dynamics

358 active listings represent the current floor, with new supply arriving at roughly 224 per month.

Pricing Pressure
21.8%

of active listings carry a price reduction, +2.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.8% year-over-year.

Absorption
0.61

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Elkhart-Goshen, IN? Inventory is up 23% from last year.

Demand in Elkhart-Goshen, IN is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
61%
Median Days on Market
39 days
Inventory YoY
+23%

Demand is strong in Elkhart-Goshen, IN. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Elkhart-Goshen, IN
CBSA Code
21140
State
IN