Home prices
The median home in Elkhart is valued at $110,200. This is roughly $16,000 (16%) higher in comparison to other places in this area.In comparison to the United States as a whole it is about $107,300 (49%) lower, and in comparison to the city of Champaign is about $51,600 (31%) lower.
Rents
In Elkhart the median monthly rent is $700. It is about $22 (3%) higher compared to its surrounding areas.It is roughly $362 (34%) lower compared to the rest of the nation, and is about $252 (26%) lower compared to the city of Champaign.
Nearby places
Broadwell
Broadwell is approximately 3 miles north from Elkhart. Real estate prices there are significantly less expensive. Broadwell's median home value is $59,000, which works out to $51,200 (86%) lower than Elkhart. The rent there is similar. In Broadwell the median rent is $706 a month, which is very similar to Elkhart.
Williamsville
Williamsville is approximately 5 miles southwest from Elkhart. Its housing prices are significantly more expensive. The cost of the median home in Williamsville is $164,600, which is $54,400 (33%) higher than Elkhart. The rent there is a little more expensive. The median rent in Williamsville is $773 a month, which is $73 (9%) higher than Elkhart.
Middletown
Middletown is approximately 7 miles northwest of Elkhart. Housing prices there are significantly less expensive. The cost of the median home in Middletown is $61,800, which comes out to $48,400 (78%) lower than Elkhart. Its rents are a bit less expensive. Middletown's median rent is $655 a month, which comes out to $45 (6%) lower than Elkhart.
Mount Pulaski
Mount Pulaski is approximately 8 miles east from Elkhart. Its housing prices are somewhat less expensive. The cost of the median home in Mount Pulaski is $97,300, which is $12,900 (13%) lower than Elkhart. Its rents are somewhat less expensive. The median rent in Mount Pulaski is $563 a month, which is $137 (24%) lower than Elkhart.
Lincoln
Lincoln is approximately 10 miles northeast from Elkhart. Its real estate prices are a bit less expensive. The price of the median home in Lincoln is $88,300, which works out to $21,900 (24%) lower than Elkhart. Its rents are pretty similar. In Lincoln the median monthly rent is $692, which comes out to $8 (1%) lower than Elkhart.
