Middlebury, Indiana.
Typical home $382,683 (+6.2% in a year). Elkhart-Goshen, IN metro.
to buy the typical home at today's mortgage rate — +$1,123 (+127%) since Jan 2020.
- 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.
- 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.
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 It can be wrong or out of date.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
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 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
- JaycoCamping trailers and chassis manufacturing3,085
- LozierStore display fixtures manufacturing352
- Winnebago of IndianaTravel trailer and camper manufacturing242
- ClaytonManufactured home manufacturing235
- MeijerRetail233
- L&W EngineeringAirlocks, fabricated metal plate work, manufacturing214
- Middlebury Hardwood ProductsDoors, wood and covered wood, manufacturing191
- 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
- HailRelatively high
- Strong windRelatively high
- Cold wavesRelatively high
- TornadoesRelatively high
- Winter weatherRelatively moderate
- 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.
- Middlebury$382,683
- 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 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.
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.
- Middlebury30.49%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Middlebury39
New listings per month
Sellers arriving at the market.
- 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.