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Prairie Pointe Rickenberg Estates Woodbridge

ELKHART, IA 50073

Real Estate Market Report  ·  Polk County
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 50073

Prairie Pointe · Rickenberg Estates · Woodbridge

Market Analysis

Data as of February 2026. Source: Realtor.com.

The ELKHART, IA real estate market (50073) currently shows 12 active listings, with 7 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68 days on market compared to 59 days last year.

The median listing price has fallen 14.2% year-over-year, from $395,175 to $338,875.

Whether you are buying or selling in ELKHART, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 959  ·  Density: 14.1/mi²  ·  Median household income: $87,500

Typical home value: $273,377  ·  Homeownership: 87.7%

Market Overview

Active Listings
12
⇧ 200% vs 4 last year
Pending
7
58% pending ratio
Median Price
$338,875
⇩ 14.2% vs $395,175 last year
Average Price
$1,104,015
⇧ 186.5% vs $385,375 last year
Days on Market
68
⇧ 15.3% vs 59 days last year

Price Per Square Foot

Median $/sqft
$251
⇩ 1.2% vs $254/sqft last year
Median Home Size
1,419 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 4 last year
  • Days on market: 68 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $338,875 (-14.2% YoY)
  • Average: $1,104,015 (+186.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.5 miles — 943 listings ($316,712,437 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50073Elkhart, IA 500730.0 mi14$13,611,402$362,000$972,243
50021Ankeny, IA 500215.4 mi290$119,963,720$354,990$413,668
50046Cambridge, IA 500466.7 mi7$2,171,575$237,333$310,225
50161Maxwell, IA 501617.5 mi8$3,495,520$284,900$436,940
50244Slater, IA 502447.7 mi5$1,687,250$349,950$337,450
50243Sheldahl, IA 5024310.2 mi3$1,799,700$599,900$599,900
50009Altoona, IA 5000910.8 mi157$56,450,606$369,945$359,558
50317Des Moines, IA 5031712.3 mi207$49,224,186$220,000$237,798
50169Mitchellville, IA 5016913.0 mi8$2,473,304$283,750$309,163
50316Des Moines, IA 5031613.2 mi51$9,287,457$177,000$182,107
50310Des Moines, IA 5031013.7 mi135$33,666,300$235,000$249,380
50301Des Moines, IA 5030114.2 mi1$1,650,000$1,650,000$1,650,000
50327Pleasant Hill, IA 5032714.5 mi57$21,231,417$363,745$372,481

Frequently Asked Questions

How many homes are for sale in ELKHART, IA 50073?

As of February 2026, there are 12 active listings in ELKHART, IA (zip code 50073), compared to 4 the prior year.

What is the median home price in ELKHART, IA 50073?

The median listing price in ELKHART, IA 50073 is $338,875 as of February 2026, a 14.2% decrease from $395,175 the prior year.

How long do homes stay on the market in ELKHART, IA?

Homes in ELKHART, IA 50073 spend an average of 68 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in ELKHART, IA 50073?

Based on current inventory and days-on-market data as of February 2026, ELKHART, IA 50073 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 68 days on market compared to 59 days last year.

How much can I save on real estate commission in ELKHART, IA?

With SELL123.com's maximum 3% commission, sellers in ELKHART, IA 50073 save an estimated $6,778 compared to a typical 5% commission on the median listing price of $338,875. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.