SIALIMStatistical Intelligence for America's Local Investment Markets

46514Elkhart, IN Home Values

Typical home value $253,045 as of June 2026 · 8th of 10 in Elkhart-Goshen, IN

Typical value — June 2026
$253,045
observed, not a forecast
Past 12 months
+5.7%
trailing year-over-year change
Past 5 years
+32.8%
June 2021 to June 2026
Rank in metro
8th
of 10 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 46514, June 2021 to June 2026. This page shows observed data only; no forecast.

How 46514 compares in the Elkhart-Goshen, IN area

ZIP code 46514 (Elkhart, IN) has a typical home value of $253,045 as of June 2026, ranking 8th of 10 ZIP codes tracked in the Elkhart-Goshen, IN area, more expensive than about 30% of ZIP codes in the metro. Prices here have moved +5.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +32.8%, from $190,518 in June 2021 to $253,045 in June 2026. Against observed rent, the typical home here sells for 15.7× the annual rent ($1,340/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Elkhart-Goshen, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Elkhart.

Population and demographics

ZIP code 46514 has a population of 41,480, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 76.9% White, 10.7% Hispanic or Latino, 5.5% Black or African American, 5.3% two or more races, 1.4% Asian, 0.1% American Indian or Alaska Native, and 0.1% another race.

Nearby public schools

SchoolAddressDistance
Mary Feeser Elementary School26665 CR 4 W, Elkhart, IN1.2 mi
North Side Middle School300 Lawrence St, Elkhart, IN1.5 mi
Osolo Elementary School24975 CR 6 E, Elkhart, IN1.6 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 46514?

$253,045 as of June 2026, the latest month Zillow has published observed data for.

Is 46514 an expensive ZIP code in the Elkhart-Goshen, IN area?

46514 ranks 8th of 10 ZIP codes in the Elkhart-Goshen, IN area by typical home value, more expensive than about 30% of ZIP codes in the metro.

How much have home values in 46514 changed over the past year?

+5.7% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 46514?

The typical home price is 15.7× the observed annual rent in this ZIP code ($1,340/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 46514?

41,480, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 46514?

Mary Feeser Elementary School (1.2 mi), North Side Middle School (1.5 mi), Osolo Elementary School (1.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 46514?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Elkhart-Goshen, IN forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.