Goshen, Indiana.
Typical home $281,749 (+5.0% in a year), asking rent $1,148 (+3.1%). Elkhart-Goshen, IN metro.
to buy the typical home at today's mortgage rate — +$826 (+127%) since Jan 2020.
- 1 year
- Up $13,438 +5%
- $268,311$281,749 since Sep 2025
- 5 years
- Up $63,931 +29%
- $217,818$281,749 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Goshen$1,479
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Goshen, IN rose 5.0% over the past year — faster than the nation's +1.2%.
Asking rents in Goshen, IN rose 3.1% over the past year — faster than the nation's +2.7%.
Owning the typical home in Goshen runs $824/mo more than renting one — the widest that gap has been in this data.
That is $1,972 a month against $1,148 rent: a $1,479 mortgage payment, plus $192 property tax and $302 insurance & upkeep.
Owning vs renting — Goshen
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,972
- Renting$1,148
- Mortgage only$1,479
Property tax · $192/mo 0.82% of value a year — the ACS 2020-2024 median bill over the median home value for Elkhart County, IN
Insurance & upkeep · $302/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Goshen, Elkhart County, Indiana
Goshen is a city of 34,517 people in Elkhart County. Half its households earn more than $59,184 a year and half less, against $68,561 across Elkhart County; 17% of its people live below the poverty line. 62% of its homes are lived in by their owners and 38% are rented. Unemployment in Goshen was 4.2% in August 2026, and Elkhart County had 0.1% fewer jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Goshen is a city in Elkhart County, and its residents are younger than in much of the country. Incomes here sit below the county's, and a good share of households live below the poverty line. Most homes are lived in by their owners, though renters make up a large minority, and the winters are cold and snowy, with a warm July and a fair amount of rain and melted snow across the year.
Work. Manufacturing is the biggest line of work among residents, followed by schools, hospitals and social care, then professional and business services and shops. Among the largest workplaces in Goshen are Goshen Hospital, Goshen Community Schools and MasterBrand Goshen, which makes kitchen cabinets. Commutes are short, and very few people work from home.
Things to do. For time outdoors, Chain O'Lakes State Park is a protected area of lakes and woods, and Tippecanoe Lake is a lake for boating and fishing. For a day indoors, the Studebaker National Museum is a museum of the carmaker's history. Each of these is a longer drive away.
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- 12,152households
- 24%of adults have a degree
- 17%below the poverty line
- 19 mintypical commute
- 4%work from home
What residents work in
Employed residents by industry, from the Census survey. Elkhart County had 126,935 jobs in 2025, 0.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 32° and lows near 18°; warmest in July, with highs near 83° and lows near 63°. About 45 inches of snow and 40 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Goshen 3SW weather station, 3 miles away (NOAA).
Largest workplaces in Goshen
- Lippert Components 19 ComplexFabricated structural metal manufacturing1,034
- Goshen HospitalGeneral hospital1,015FTE
- Goshen Community SchoolsSchool district870FTE
- Oaklawn Psychiatric CenterPsychiatric hospital733FTE
- MasterBrand GoshenKitchen cabinets, stock or custom wood, manufacturing724
- LCI586
- Goshen Health Goshen PhysiciansFamily physicians' offices510
- Keystone RV CompanyRv manufacturing482
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 85 workplaces with 20 or more staff, 13,512 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- Cold wavesRelatively high
- HailRelatively moderate
- TornadoesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Goshen’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Elkhart County and the Elkhart-Goshen, IN metro.
Goshen home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Goshen$281,749
- Indiana$257,165
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Goshen listings, and the typical home goes pending in 12 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Goshen24.70%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Goshen12
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Goshen130
New listings per month
Sellers arriving at the market.
- Goshen50
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Goshen$279,472
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Goshen99.85%
Zip codes with a Goshen address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Goshen — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Goshen
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 46526 | Goshen | 33,668 | $1,248 | $268,002 |
| 46528 | Goshen | 26,248 | $1,201 | $309,516 |