Market Intelligence Report — IN-140

Elkhart-Goshen, IN

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

Ref. No: 2026-IN-09
As of the latest 2026 data
Stabilizing

Median Listing

$345K
+6.2% YoY

Pending Ratio

0.54
-12.8% YoY

Active Inventory

392
+22.9% YoY

Median DOM

43 Days
+1.2% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's stabilizing Elkhart-Goshen market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Elkhart-Goshen, IN.

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The Elkhart-Goshen market exhibits stabilizing dynamics, characterized by a pending ratio of 0.54, indicating a balanced rate of demand absorption relative to available inventory. Active listings have expanded by 22.9% year-over-year, while the median listing price has increased by 6.2% over the same period.

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

3.8%+0.2 pp YoY

Unemployment rate · Sep 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.

Inventory levels have seen notable growth, with active listings rising 22.9% year-over-year. New listings also contributed to supply, increasing by 6.3% year-over-year. Concurrently, the pending ratio declined by 12.8% year-over-year, settling at 0.54, suggesting a moderated pace of demand relative to the prior period. Median listing prices show continued appreciation, up 6.2% year-over-year, alongside a 5.5% year-over-year increase in median price per square foot.

Historical Analysis

Market Trends

Median Price

$345K+0.0% MoM

Active Inventory

392+22.9% YoY

Days on Market

43+1.2% YoY

Sold Score™

67-12.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

67
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

The current market environment suggests a more balanced negotiating landscape. While the absorption of available properties remains consistent, the expansion in active inventory may allow for slightly extended marketing periods. Price discipline remains important as the pace of transactions moderates compared to earlier periods.

Luxury Segment

The average listing price increased by 6.0% year-over-year, closely aligning with the 6.2% year-over-year growth in the median listing price, suggesting no significant deviation in performance between price tiers. Median price per square foot also rose by 5.5% year-over-year. No distinct luxury-segment signal in this dataset.

Supply Dynamics

392 active listings represent the current floor, with new supply arriving at roughly 236 per month.

Pricing Pressure
21.9%

of active listings carry a price reduction, -2.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.5% year-over-year.

Absorption
0.54

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

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

Elkhart-Goshen, IN is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
54%
Median Days on Market
43 days
Inventory YoY
+23%

Elkhart-Goshen, IN is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Elkhart-Goshen, IN
CBSA Code
21140
State
IN
Analysis FAQ
  • What is the current market condition in Elkhart-Goshen?+

    As of the latest 2026 data, the Elkhart-Goshen metro is classified as Stabilizing. Pending ratio is 0.54 with median days on market at 43.

  • Are home prices dropping in Elkhart-Goshen?+

    Median listing price is $345K, +6.2% year over year. 21.9% of active listings carry a price reduction.

  • How fast are homes selling in Elkhart-Goshen?+

    The typical listing sits 43 days on market, a +1.2% change YoY. New listings are arriving at 236 per month.

  • What's happening in the Elkhart-Goshen luxury market?+

    The average listing price increased by 6.0% year-over-year, closely aligning with the 6.2% year-over-year growth in the median listing price, suggesting no significant deviation in performance between price tiers. Median price per square foot also rose by 5.5% year-over-year. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Elkhart-Goshen real estate expert?+

    Primpted maintains a vetted registry of Elkhart-Goshen agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 21140 · 36mo history