Cheap Homes in Elkhart, IA

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1 College-ave-Des-moines-IA-50314
$55,000 List Price

2 Bed | 1 Bath | 965 Sq. Ft.

5 E-university-ave-Des-moines-IA-50317
$34,900 List Price
1 E-grand-ave-Des-moines-IA-50317
$20,000 List Price

2 Bed | 1 Bath | 844 Sq. Ft.

Tax Lien
$59,500 EMV
Tax Lien
$51,850 EMV
Tax Lien
$56,100 EMV

2 Bed | 1 Bath | 922 Sq. Ft.

Tax Lien
$35,700 EMV
Tax Lien
$59,840 EMV

1 Bed | 1 Bath | 906 Sq. Ft.

Tax Lien
$54,230 EMV

| 1 Bath

Tax Lien
$54,400 EMV
Displaying 1 - 10 of 55

Foreclosure Homes in Elkhart, IA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Elkhart, IA area at Get information on foreclosure homes for rent, how to buy foreclosures in Elkhart, IA and much more. Save thousands at closing with home foreclosure listings in Elkhart, IA — up to 75% off market value!

Top Reasons To Live In Elkhart, IA In 2022

Elkhart is located in Polk, Iowa, with an estimated municipal population of 918 residents. All of the best foreclosed homes for sale in Elkhart are located in the following zip code areas on 50073. The estimated population per square kilometer (.62 miles) in Elkhart is 198.

Cost Of Living In Elkhart, IA

So, about how much do homes cost in Elkhart? The most recent median value of resident-owned homes in Elkhart is 141,557. An estimated 82.7 percent of households in Elkhart own their homes, with an average family size of 2.93. The median household income in Elkhart is 58,750, with20.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Elkhart, the median commute time of resident workers (in minutes) is 25.7. And last, but certainly not least, are you looking for homes to rent in Elkhart? If so, the average rent price paid by renters in Elkhart is 920, according to recent statistics.

Diversity And Demographics In Elkhart, Iowa

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Elkhart, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Elkhart is 39.7, split between 53.5 percent male versus 46.5 female. The percentage of residents who report being married in Elkhart is 55.5, with an average family size of 2.93.

The percentage of residents who report their race in Elkhart is as follows:

White 95.2%
Black / African American 1.2%
Asian 0.7%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Elkhart? Or maybe you are searching for 55+ active adult communities in and/or near Elkhart?

The percentage of residents who report their age in Elkhart is as follows:

Under 10 14.5%
Aged 10-19 11.3%
20s 11.3%
30s 13.8%
40s 15.4%
50s 15%
60s 14%
70s 1.2%
80+ 3.5%

Best Schools In Elkhart, Iowa

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Elkhart with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Elkhart.

Pros And Cons Of Living In Elkhart, Iowa

How do you know that living in -- or moving to -- Elkhart is right where you need to be? Perhaps you grew up in Elkhart or already live nearby; therefore, the decision to buy a home in Elkhart is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Elkhart for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Elkhart:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Elkhart.

Reasons To Move To Elkhart, Iowa, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Elkhart can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Elkhart, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Elkhart, IA


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