46528 — Elkhart County, Indiana Market Snapshot

Housing market data for zip code 46528 in Elkhart County, Indiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

43 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$320,000

-0.6% YoYClosed sales

Days to Sell

22

Median, listing to close

Homes Sold

43

Closed in 2026

Inventory

16

Sale-to-List

99.7%

New Listings

54

Price/SqFt

$142

Pending Sales

53

Conforming Loan Available

Most homebuyers in 46528 can comfortably use conventional financing. The median home price of $320,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 46528 are moving quickly at 22 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 46528 (99.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 46528 can comfortably use conventional financing. The median home price of $320,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 46528 are set at the county level.

2026 Loan Limits — Elkhart County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 46528

To purchase the median home at $320,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,602.

Monthly Payment

$2,602

Income Required

$111,503

Principal & Interest

$1,972/mo

Down Payment (5%)

$16,000

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 46528.

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Estimated Monthly Payment

$2,130

Principal & Interest$1,660
Property Tax$320
Insurance$150
Loan Amount$256,000
Total Interest$341,748
Income Required$91,303/yr

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