46517 — Elkhart, IN Home Values
Typical home value $246,831 as of June 2026 · 9th of 10 in Elkhart-Goshen, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46517, June 2021 to June 2026. This page shows observed data only; no forecast.
How 46517 compares in the Elkhart-Goshen, IN area
ZIP code 46517 (Elkhart, IN) has a typical home value of $246,831 as of June 2026, ranking 9th of 10 ZIP codes tracked in the Elkhart-Goshen, IN area, more expensive than about 20% of ZIP codes in the metro. Prices here have moved +5.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +33.3%, from $185,113 in June 2021 to $246,831 in June 2026. Against observed rent, the typical home here sells for 20.8× the annual rent ($988/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 46517 has a population of 25,438, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 55.6% White, 31% Hispanic or Latino, 10.5% Black or African American, 2.3% two or more races, 0.3% American Indian or Alaska Native, and 0.3% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Jimtown High School | 59021 CR 3 S, Elkhart, IN | 1.5 mi |
| Jimtown Junior High School | 58903 CR 3 S, Elkhart, IN | 1.6 mi |
| Jimtown Elementary School | 58901 CR 3 S, Elkhart, IN | 1.7 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 46517?
$246,831 as of June 2026, the latest month Zillow has published observed data for.
Is 46517 an expensive ZIP code in the Elkhart-Goshen, IN area?
46517 ranks 9th of 10 ZIP codes in the Elkhart-Goshen, IN area by typical home value, more expensive than about 20% of ZIP codes in the metro.
How much have home values in 46517 changed over the past year?
+5.8% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 46517?
The typical home price is 20.8× the observed annual rent in this ZIP code ($988/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 46517?
25,438, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46517?
Jimtown High School (1.5 mi), Jimtown Junior High School (1.6 mi), Jimtown Elementary School (1.7 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 46517?
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.