Nappanee, Indiana.
Typical home $299,199 (+6.0% in a year), asking rent $895 . Elkhart-Goshen, IN metro.
to buy the typical home at today's mortgage rate — +$874 (+125%) since Jan 2020.
- 1 year
- Up $16,865 +6%
- $282,335$299,199 since Sep 2025
- 5 years
- Up $72,647 +32%
- $226,553$299,199 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.
- Nappanee$1,570
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Nappanee, IN rose 6.0% over the past year — faster than the nation's +1.2%.
Living in Nappanee, Elkhart County, Indiana
Nappanee is a city of 6,949 people in Elkhart County. Half its households earn more than $68,892 a year and half less, against $68,561 across Elkhart County; 9% of its people live below the poverty line. 63% of its homes are lived in by their owners and 37% 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 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 It can be wrong or out of date.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. Nappanee is a small city in Elkhart County, Indiana, where most homes are lived in by their owners. Household incomes run close to the county's, and few adults hold a four-year degree. Winters are cold and snowy, with January the coldest month, while summers turn warm, with July the warmest, and rain and melted snow fall through the year.
Work. Manufacturing is the main way residents earn a living, followed by schools, hospitals and social care, then restaurants, hotels and entertainment, and shops. Winnebago, which makes recreational vehicles, and Wa-Nee Community Schools are among the largest workplaces in Nappanee. A typical commute is fairly short, and very few people work from home.
Things to do. Most of the places worth a day out are a longer drive away. They include Potato Creek State Park, a protected area for walking and being outdoors, and Lake of the Wood, a lake. The Studebaker National Museum, a museum, is also a longer drive away.
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- 2,783households
- 10%of adults have a degree
- 9%below the poverty line
- 21 mintypical commute
- 2%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, 10 miles away (NOAA).
Largest workplaces in Nappanee
- WinnebagoManufacturer of recreational vehicles829
- Wa-Nee Community SchoolsSchool district404FTE
- Cavco Industries321991242
- LCI238
- Kountry Wood ProductsCabinets, kitchen, stock or custom wood, manufacturing187
- Kountry Wood ProductsCabinets, kitchen, stock or custom wood, manufacturing146
- LCI142
- SpartanNashSupermarkets and other grocery except convenience stores139
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 12 workplaces with 20 or more staff, 2,286 people in all. School districts come 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 high in parts of NappaneeRelatively moderate
- Tornadoesrelatively high in parts of NappaneeRelatively 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 Nappanee’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.
Nappanee home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Nappanee$299,199
- 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 Nappanee 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.
- Nappanee28.51%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Nappanee30
New listings per month
Sellers arriving at the market.
- Nappanee11
Zip codes with a Nappanee address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Nappanee — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.