Elkhart Lake currently has 5 single family homes for sale with an average list price of $3,128,000, 2 townhouses for sale with an average list price of $649,450, and 16 condos for sale with an average list price of $495,669. The average annual property tax for Elkhart Lake is $4,383.
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 Lake
Elkhart Lake home sales for the month of June rose in volume by 50% when compared to last year, while the median sale price rose by 30.1% from $354,450 to $461,000. House sales stayed the same, while the median sale price stayed the same. Condo sales stayed the same, while the median sale price rose by 37% from $354,450 to $485,646.
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 |