Elkhart Lake currently has 2 single family homes for sale with an average list price of $3,800,000, 8 condos for sale with an average list price of $485,688, and 1 lot for sale with a list price of $390,000. The average annual property tax for Elkhart Lake is $4,220.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Elkhart Lake, i.e. what's hot and what's not.
See What's Hot & What's Not in Elkhart LakeElkhart Lake home sales for the month of November rose in volume by 100% when compared to last year, while the median sale price rose by 70.8% from $385,000 to $657,450. House sales rose by 100%, while the median sale price rose by 65.4% from $526,000 to $869,950. Condo sales stayed the same, while the median sale price rose by 59.4% from $244,000 to $389,000. Townhouse sales stayed the same, while the median sale price stayed the same.
22
|
14
|
23
|
24
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$332,500
|
$370,000
|
$429,000
|
$293,500
|
2020 | 2021 | 2022 | 2023 |
median sale price per year |