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Hawkeye Reporter

Wednesday, November 6, 2024

Elkhart home prices fall in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Elkhart fell by $23,000 while total sales increased by 45.5%, according to BlockShopper.com.

From January through June of 2020, there were 16 homes sold, with a median sale price of $192,000 - a 10.7% decrease over the $215,000 median sale price for the same period of the previous year. There were 11 homes sold in Elkhart in the first half of 2019.

The median sales tax in Elkhart for the most recent year with available data, 2017, was $2,780, approximately 1.4% of the median home sale price for the first half of 2020.

The following table compares Elkhart to other Polk County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Ankeny771813-5.2%$246,500$230,0007.2%
West Des Moines3923900.5%$220,000$215,0002.3%
Urbandale260318-18.2%$220,000$220,750-0.3%
Pleasant Hill108111-2.7%$219,340$219,0000.2%
Bondurant6998-29.6%$218,500$221,450-1.3%
Altoona2081956.7%$216,950$220,000-1.4%
Windsor Heights4870-31.4%$215,000$196,7509.3%
Elkhart161145.5%$192,000$215,000-10.7%
Mitchellville281675%$182,950$134,95035.6%
Des Moines2,1412,0882.5%$142,000$134,0006%
Carlisle10742.9%$104,000$114,000-8.8%

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