HousingHandbookReference data

U.S. ZIP Code · IN46526

Elkhart County · Elkhart-Goshen, IN

Typical home value

$263,916[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.4%
5-year / yr
+5.8%
10-year / yr
+7.0%

Relative price

vs U.S.
-7.1%
vs metro
-13.6%
vs state
+14.1%
ZIP 46526 location in IN
Location of ZIP 46526 in IN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 46526 is worth $263,916 — 13.6% below the Elkhart-Goshen, IN median. Over the past year, values have risen 4.4%. Homes here rent for a typical $1,043 a month — a 4.7% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,043[2]
Gross yield
4.7%[2]
Cap rate
2.8%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.8%[3]
Typical annual tax
$2,058[3]

#Climate risk

FEMA National Risk Index ratings for Elkhart County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
33,668[3]
Median household income
$67,461[3]

#Migration

Household moves in and out of Elkhart County over a year, from IRS tax-return data.

Net migration
-711[5]
Moved in
3,879
Moved out
4,590

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
10
Elementary
6
Middle
2
High
2
  • Goshen High School

    High · Grades 9–12 · Goshen Community Schools

    2,041 students

  • Goshen Junior High School

    Middle · Grades 7–8 · Goshen Community Schools

    936 students

  • Goshen Intermediate School

    Middle · Grades 5–6 · Goshen Community Schools

    911 students

  • Fairfield Jr-Sr High School

    High · Grades 7–12 · Fairfield Community Schools

    875 students

  • Model Elementary School

    Elementary · Grades K–4 · Goshen Community Schools

    497 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield4.7%
Net yield (after ~40% expenses)2.8%
Annual rent$12,518

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,335
Loan principal$211,133
Down payment$52,783
Total interest paid$269,288

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.65
Monthly cost to own$1,726
Monthly rent$1,043

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
0th percentile[2]
Property tax
40th percentile[3]

Frequently asked

How much is a home worth in ZIP code 46526?
The typical home in 46526 is worth $263,916, based on the Zillow Home Value Index.
Are home values rising in 46526?
Home values in 46526 are up 4.4% over the past year, and up 5.8% a year over five years.
What is the typical rent in 46526?
A typical home in 46526 rents for about $1,043 a month, a gross rental yield of 4.7%.
What is the property tax rate in 46526?
The effective property tax rate in 46526 is 0.8% — roughly $2,058 a year on a typical home.
Who lives in 46526?
ZIP code 46526 has a population of 33,668 and a median household income of $67,461.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Elkhart, IN

    Typical home
    $246,766
    Gross yield
    6.2%
  • Elkhart, IN

    Typical home
    $240,690
    Gross yield
    5.5%
  • Nappanee, IN

    Typical home
    $295,859
    Gross yield
  • Goshen, IN

    Typical home
    $305,433
    Gross yield
  • New Paris CDP, IN

    Typical home
    $306,469
    Gross yield
  • Wakarusa, IN

    Typical home
    $314,278
    Gross yield

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