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Hawkeye Reporter

Monday, November 25, 2024

What happened to the median home price in Elkhart during 2020?

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The median sale price of a home sold in 2020 in Elkhart fell by $19,750 while total sales decreased by 20%, according to BlockShopper.com.

From January through December of 2020, there were 24 homes sold, with a median sale price of $192,000 - a 9.3% decrease over the $211,750 median sale price for the previous year. There were 30 homes sold in Elkhart in 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 2020.

The following table compares Elkhart to other Polk County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Ankeny1,8591,7784.6%$246,000$232,5005.8%
Bondurant1961922.1%$235,450$226,5004%
West Des Moines9498817.7%$229,000$217,5005.3%
Urbandale6896890%$225,000$217,5003.4%
Altoona4824429%$224,900$226,750-0.8%
Pleasant Hill27423417.1%$224,050$216,7503.4%
Windsor Heights116129-10.1%$198,700$197,5000.6%
Elkhart2430-20%$192,000$211,750-9.3%
Mitchellville645418.5%$185,000$139,50032.6%
Des Moines4,7684,4666.8%$149,700$137,0009.3%
Carlisle201625%$102,500$94,5008.5%

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