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 $357,377 in February, 2.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 20, the 30-year fixed mortgage rate sits at 6.67%.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: $207,236
- 1-year price change: +5.5%
- 5-year price change: +49.3%

#6. Goshen, IN
- Typical home value: $258,541
- 1-year price change: +4.4%
- 5-year price change: +46.1%

#5. Nappanee, IN
- Typical home value: $269,314
- 1-year price change: +5.6%
- 5-year price change: +43.3%

#4. New Paris, IN
- Typical home value: $287,031
- 1-year price change: +4.5%
- 5-year price change: +47.8%

#3. Bristol, IN
- Typical home value: $314,297
- 1-year price change: +5.6%
- 5-year price change: +48.0%

#2. Middlebury, IN
- Typical home value: $356,999
- 1-year price change: +4.5%
- 5-year price change: +43.7%

#1. Millersburg, IN
- Typical home value: $386,035
- 1-year price change: +4.8%
- 5-year price change: +44.5%