Elkhart Lake currently has 4 single family homes for sale with an average list price of $2,918,750, 2 townhouses for sale with an average list price of $649,900, 11 condos for sale with an average list price of $501,636, and 1 lot for sale with a list price of $390,000. The average annual property tax for Elkhart Lake is $4,236.
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 September rose in volume by 33.3% when compared to last year, while the median sale price rose by 8.7% from $489,900 to $532,450. House sales rose by 100%, while the median sale price decreased by 85.4% from $4,250,000 to $618,700. Condo sales stayed the same, while the median sale price rose by 25.3% from $379,450 to $475,500.
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 |