
Cities with the most expensive homes in the Elkhart metro area
Cities with the most expensive homes in the Elkhart metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $367,965 in July, 0.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of August 21, the 30-year fixed mortgage rate sits at 6.58%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Elkhart metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.

#7. Elkhart, IN
- Typical home value: $218,848
- 1-year price change: +4.8%
- 5-year price change: +47.2%

#6. Goshen, IN
- Typical home value: $269,975
- 1-year price change: +4.0%
- 5-year price change: +43.8%

#5. Nappanee, IN
- Typical home value: $285,665
- 1-year price change: +5.2%
- 5-year price change: +41.7%

#4. New Paris, IN
- Typical home value: $296,518
- 1-year price change: +4.5%
- 5-year price change: +45.5%

#3. Bristol, IN
- Typical home value: $328,625
- 1-year price change: +5.4%
- 5-year price change: +46.5%

#2. Middlebury, IN
- Typical home value: $367,604
- 1-year price change: +4.7%
- 5-year price change: +41.6%

#1. Millersburg, IN
- Typical home value: $406,292
- 1-year price change: +5.1%
- 5-year price change: +45.5%