
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 $359,741 in March, 1.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 17, the 30-year fixed mortgage rate sits at 6.83%.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: $212,072
- 1-year price change: +5.3%
- 5-year price change: +48.6%

#6. Goshen, IN
- Typical home value: $262,338
- 1-year price change: +4.2%
- 5-year price change: +45.3%

#5. Nappanee, IN
- Typical home value: $272,934
- 1-year price change: +5.3%
- 5-year price change: +42.5%

#4. New Paris, IN
- Typical home value: $291,646
- 1-year price change: +4.3%
- 5-year price change: +47.1%

#3. Bristol, IN
- Typical home value: $317,868
- 1-year price change: +5.3%
- 5-year price change: +47.3%

#2. Middlebury, IN
- Typical home value: $361,429
- 1-year price change: +4.4%
- 5-year price change: +43.0%

#1. Millersburg, IN
- Typical home value: $387,329
- 1-year price change: +4.6%
- 5-year price change: +44.5%