Goshen, IN — Momentum Score, Home Values & Best-For

All states·Indiana·Goshen

Elkhart County · Elkhart-Goshen · population 34,458

First-time buyers
Goshen, IN
Image: Wikipedia · Goshen, Indiana
OverviewCost of livingMoving guide
View watchlist →
73
Rising
Momentum score · 0–100

Where Goshen stands

At or near all-time high. home values up 5.2% in the last year. rents up 6.4% in the last year.

Median home $277,453
1-year +5.2%
5-yr CAGR +6.1%
vs 5-yr peak +0.0%
Population -0.0%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$277k$130k$183k$236k$289k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
85/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,057/mo$0$560$1,1212026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent106111801002026

Rent vs buy

Price-to-rent ratio: 21.9
Lean rent

At a 21.9 price-to-rent ratio, the math is starting to lean toward renting in Goshen. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.

How the momentum score breaks down

methodology →
Home YoY
76 · w22%
Home 5-yr CAGR
70 · w22%
Distance from peak
90 · w18%
Population growth
44 · w16%
Rent YoY
85 · w12%
Home 10-yr CAGR
75 · w10%
Long thesis

Goshen has held up across the cycle: home values at $277,453 with +6.1% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Goshen's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Goshen

Goshen is a city in Elkhart County, Indiana, with an estimated population of 34,458. It anchors the Elkhart-Goshen metro area. The median home value in Goshen is $277,453 as of 2026-04, up 5.2% over the last 12 months. Over the last five years, home values have averaged +6.1% annual growth, with prices at or near the 5-year peak. Rents in Goshen average $1,057 per month, up 6.4% year-over-year. The composite momentum score is 73 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Healthy 5-year run: +6.1% annualized over 5 years, outpacing US inflation.
●Quiet strength: +5.2% over the trailing year — not a melt-up, but the market is bid.
●Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.
●Hot rental market: rents up 6.4% YoY — landlords have pricing power, supports new investment math.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Goshen (Wikipedia)

Goshen is a city in and the county seat of Elkhart County, Indiana, United States. It is the smaller of the two principal cities of the Elkhart–Goshen Metropolitan Statistical Area, which in turn is part of the South Bend–Elkhart–Mishawaka Combined Statistical Area. It is located in the northern part of Indiana near the Michigan border, in a region known as Michiana. Goshen is located 10 miles southeast of Elkhart, 25 miles southeast of South Bend, 120 miles east of Chicago, and 150 miles north of Indianapolis. The population of Goshen was 34,517 at the 2020 census.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Elkhart County right now.

NWS active alerts (IN)Indiana Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Elkhart County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Goshen

14 tracked · ranked by median home value
1Pickwick Village$312,331+4.1%
2Terrace Park$279,555+4.5%
3Historic Racemere Peninsula$257,045+6.2%
4Maplecrest$244,295+3.9%
5Parkside$207,628+4.2%
6Historic Southside$207,333-0.0%
7Rieth Park$200,573+5.6%
8Shanklin Millrace$193,547+0.2%
9West Goshen$185,562+3.2%
10East Lincoln Crossroads$162,141+2.0%
11Chamberlain$143,248+10.0%
12Northside$139,516+0.5%
13East Goshen$133,462+0.8%
14Historic Dickerson Landing$125,500+6.8%

Cities like Goshen

Elkhart, IN74 · RisingJasper, IN73 · RisingClarksville, IN71 · RisingBedford, IN73 · Rising

Run the numbers for Goshen

ToolCan I afford Goshen?Income → city shortlistToolROI on a Goshen rentalCap rate, cash-on-cash, DSCRToolCompare Goshen to anywhereSide-by-side up to 3 citiesToolGoshen cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
35° / 19°
avg high / low
Summer (Jul)
85° / 64°
avg high / low
Sunny days/yr
186
~51% of year
Annual precip
42″ rain
20″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
High
Wildfire
Very low
Earthquake
Low
Flood
Moderate

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Goshen listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Elkhart-Goshen area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
72%
Humid climate
Median household income
$67,200
Indiana state median
Top industries (state-level)
Manufacturing (auto)HealthcareLogistics

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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