States · Indiana · Elkhart County

Middlebury, Indiana.

Typical home $382,683 (+6.2% in a year). Elkhart-Goshen, IN metro.

What it costs per month · Middlebury $2,009/mo

to buy the typical home at today's mortgage rate — +$1,123 (+127%) since Jan 2020.

What the home itself did
1 year
Up $22,328 +6%
$360,355$382,683 since Sep 2025
5 years
Up $88,334 +30%
$294,349$382,683 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.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Middlebury $2,009 Indiana $1,350 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Middlebury$2,009
  • 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 Middlebury, IN rose 6.2% over the past year — faster than the nation's +1.2%.

Living in Middlebury, Elkhart County, Indiana

Middlebury is a town of 3,466 people in Elkhart County. Half its households earn more than $75,236 a year and half less, against $68,561 across Elkhart County; 15% of its people live below the poverty line. 73% of its homes are lived in by their owners and 27% are rented. Unemployment in Elkhart County was 3.8% in August 2026, and the county had 0.1% fewer jobs in 2025 than the year before. The most people in Elkhart County work in manufacturing, then schools and health care.

People 3,466 in the 2020 census
Household income $75,236 the median, give or take $15,467 · Elkhart County: $68,561
Unemployment 3.8% Elkhart County, August 2026; 4.1% a year before
Homes 73% lived in by their owners; 27% rented

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 It can be wrong or out of date.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. Middlebury is a small town in Elkhart County, Indiana, where most homes are lived in by their owners and household incomes run above the county's. Typical home values here are on the high side, and a four-year degree is held by a minority of adults. Winters are cold, with January the coldest month and highs hovering around freezing, while summers turn warm, and rain and melted snow add up to a fair amount over the year.

Work. Making things is the main way of earning a living in Middlebury, with manufacturing employing more residents than any other kind of work, followed by schools, hospitals and social care, then shops, and restaurants, hotels and entertainment. Among the largest workplaces in town are Jayco, which builds camping trailers and chassis, Lozier, which makes store display fixtures, and Winnebago of Indiana, which makes travel trailers and campers. Jobs across Elkhart County dipped slightly last year, and unemployment there has eased a little from a year earlier.

Things to do. The RV/MH Hall of Fame, a museum devoted to recreational vehicles and manufactured housing, is only a short drive away, which suits a town built around that industry. A longer drive brings you to Chain O'Lakes State Park, a protected area good for a day outdoors, and to the Studebaker National Museum, which looks at a well-known name in American automobile history. Notre Dame Stadium is also within a longer drive for anyone who likes college football.

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  • 1,283households
  • 24%of adults have a degree
  • 15%below the poverty line
  • 8%work from home

What people in Elkhart County work in

  • Manufacturing35%
  • Schools, hospitals and social care19%
  • Shops (retail)9%
  • Restaurants, hotels and entertainment7%
  • Professional and business services7%
  • Building trades6%

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

Average daily high and low for each month: coldest in January, 32° and 18°; warmest in July, 83° and 62° 20° 40° 60° 80° J 32° 18° F M A M J J 83° 62° A S O N D
Average daily high and low for each month: coldest in January, 32° and 18°; warmest in July, 83° and 62° 20° 40° 60° 80° J 32° 18° F M A M J J 83° 62° A S O N D

Coldest in January, with highs near 32° and lows near 18°; warmest in July, with highs near 83° and lows near 62°. About 35 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Goshen Municipal Airport weather station, 11 miles away (NOAA).

Largest workplaces in Middlebury

  1. JaycoCamping trailers and chassis manufacturing3,085
  2. LozierStore display fixtures manufacturing352
  3. Winnebago of IndianaTravel trailer and camper manufacturing242
  4. ClaytonManufactured home manufacturing235
  5. MeijerRetail233
  6. L&W EngineeringAirlocks, fabricated metal plate work, manufacturing214
  7. Middlebury Hardwood ProductsDoors, wood and covered wood, manufacturing191
  8. Woodland ParkTravel trailers, recreational, manufacturing39

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 11 workplaces with 20 or more staff, 4,675 people in all. 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

  1. HailRelatively high
  2. Strong windRelatively high
  3. Cold wavesRelatively high
  4. TornadoesRelatively high
  5. Winter weatherRelatively moderate
  6. Inland floodingRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Middlebury’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.

Middlebury home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 Middlebury $382,683 Indiana $257,165 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • Middlebury$382,683
  • Indiana$257,165
  • United States$366,157
Property tax, 2026 roll $3,061/yr median bill inside Middlebury, effective 0.86% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

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 3 Middlebury listings — the market is roughly in balance.

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.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

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.

20% 25% 30% 2026 Middlebury 30.49% United States 26.90%
20% 25% 30% 2026
  • Middlebury30.49%
  • United States26.90%

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

10 20 30 40 2022 2023 2024 2025 2026 Middlebury 39
10 20 30 40 2022 2024 2026
  • Middlebury39

New listings per month

Sellers arriving at the market.

10 12 14 16 2026 Middlebury 13
10 12 14 16 2026
  • Middlebury13

Zip codes with a Middlebury address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Middlebury — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Middlebury