What is the median home value in Olive Township (Elkhart County), IN?

The median value of owner-occupied homes in Olive Township (Elkhart County), IN is $239,200 (±$25,025), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Olive Township (Elkhart County), the median home value went from $170,000 in 2015–2019 to $239,200 in 2020–2024 (+40.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$239,200 (±$25,025)
Owner-occupied homes
987 (±121)
Most common range
$200,000 to $299,999

Home values in Olive Township (Elkhart County)

Owner-occupied homes by value, 2020–2024
ValueOlive Township (Elkhart County)Elkhart CountyIndianaUnited States
Less than $50,0006.0% (±2.7 points)6.6%6.0%5.3%
$50,000 to $99,9991.5% (±2.1 points)8.2%10.1%6.1%
$100,000 to $149,99913.6% (±7.6 points)14.2%12.7%6.8%
$150,000 to $199,99916.3% (±7.0 points)17.4%15.8%9.0%
$200,000 to $299,99928.3% (±7.5 points)27.5%25.1%17.8%
$300,000 to $499,99926.6% (±9.2 points)19.7%21.8%26.9%
$500,000 to $999,9993.3% (±2.2 points)5.2%7.3%20.9%
$1,000,000 or more4.4% (±3.7 points)1.2%1.2%7.1%

The most common range is $200,000 to $299,999, 28.3% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Olive Township (Elkhart County) against Elkhart County, its state and the nation

Estimate (90% margin of error)
Olive Township (Elkhart County)Elkhart CountyIndianaUnited States
Median home value$239,200 (±$25,025)$210,400 (±$4,758)$218,200 (±$739)$332,700
Owner-occupied homes987 (±121)51,749 (±1,159)1,916,243 (±9,865)84,210,142

In Olive Township (Elkhart County), the median home value is higher than in Elkhart County ($210,400).

It is not measurably different from Indiana ($218,200).

It is lower than the national figure ($332,700).

In Elkhart County, Olive Township (Elkhart County) ranks 13 of 26 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 356 of 1,574.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Olive Township (Elkhart County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$170,000 (±$20,546)$239,200 (±$25,025)+40.7%No measurable change after inflation
Median owner cost with a mortgage$1,153 (±$68)$1,403 (±$176)+21.7%No measurable change after inflation
Median real estate taxes$1,268 (±$123)$2,107 (±$443)+66.2%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Olive Township (Elkhart County)

Nearest places with a published estimate, compared with Olive Township (Elkhart County)
PlaceDistanceMedian home valueCompared with this place
Olive Township (Elkhart County)—$239,200 (±$25,025)—
Wakarusa3.0 mi$207,200 (±$19,217)Lower
Baugo Township4.8 mi$201,400 (±$29,361)Not measurably different
Harrison Township (Elkhart County)5.1 mi$291,000 (±$22,394)Higher
Madison Township (St. Joseph County)5.7 mi$287,300 (±$46,030)Not measurably different
Locke Township6.5 mi$249,200 (±$97,330)Not measurably different
Osceola6.9 mi$196,900 (±$27,460)Lower
Dunlap7.1 mi$222,200 (±$10,352)Not measurably different
Concord Township (Elkhart County)7.2 mi$155,400 (±$5,487)Lower

Nearby places with a measurably lower figure: Wakarusa, IN ($207,200), Osceola, IN ($196,900), Concord Township (Elkhart County), IN ($155,400).

Nearby places with a measurably higher figure: Harrison Township (Elkhart County), IN ($291,000).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Elkhart County, place by place

RankPlaceMedian home value
7Simonton Lake$266,800 (±$16,593)
8Locke Township$249,200 (±$97,330)
9Benton Township (Elkhart County)$248,200 (±$46,164)
10Union Township (Elkhart County)$244,000 (±$32,810)
11Middlebury$243,700 (±$33,712)
12Washington Township (Elkhart County)$239,300 (±$17,912)
13Olive Township (Elkhart County)$239,200 (±$25,025)
14Nappanee$238,600 (±$45,443)
15Bristol$229,500 (±$15,703)
16Cleveland Township (Elkhart County)$225,300 (±$18,805)
17New Paris$223,700 (±$20,596)
18Dunlap$222,200 (±$10,352)
19 (tie)Wakarusa$207,200 (±$19,217)

Showing 13 of 26 places in Elkhart County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Olive Township (Elkhart County)

What is the average home value in Olive Township (Elkhart County), IN?

The Census Bureau publishes the median: $239,200 (±$25,025) for owner-occupied homes in Olive Township (Elkhart County) (2020–2024 American Community Survey).

Have home values in Olive Township (Elkhart County) gone up?

In Olive Township (Elkhart County), the median home value went from $170,000 in 2015–2019 to $239,200 in 2020–2024 (+40.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Olive Township (Elkhart County) sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Olive township, Elkhart County, Indiana (county subdivision:56520, in state:18 county:039).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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