dynamic.RE
dynamic.RELoading market data
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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is +2.4% YoY. inventory, +7.2% YoY, is the number to watch.
The median listing price is up 2.4% YoY while the median home got up 7.5% bigger, so value per square foot is down 0.5%.
U.S. Census ACS characteristics for ZIP 46516 itself, not its parent county.
Renters hold 37.3% of this ZIP's 12,244 occupied households, on a median household income of $56K.
| Measure | ZIP 46516 | Elkhart County | Difference |
|---|---|---|---|
| Median Household Income | $56K | $69K | -$12K |
| Below Poverty Level | 16.5% | 12.4% | +4.1% |
| Median Age | 35.70 | 35.60 | +0.10 |
| Total Population | 31,871 | 207,132 | -- |
| Avg Household Size | 2.58 | 2.83 | -0.25 |
| Owner-Occupied | 62.7% | 71.6% | -8.9% |
| Worked From Home | 3.8% | 5.1% | -1.3% |
| Mean Commute | 19.30 | 20.00 | -0.70 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.1% to 207,132: residents under 18 are down 0.8% and those 65 and over are up 1.8%.
County median household income is $69K, 12.4% of residents are below the poverty level, 5.1% work from home.