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Sheboygan County · 2026 data

Elkhart Lake, Wisconsin Home Market Report

Updated 2026-06-21 · by Micah Nicholes, Founder, HouseBuyerz

$345,800 typical Elkhart Lake home value across 1,890 homes
Median home value
$345,800
Investor / renter-owned
33%
Homes
1,890
Typical year built
-1

Elkhart Lake vs. Wisconsin

Investor / renter-owned
33%
Elkhart Lake
21%
Wisconsin avg

Who owns the homes in Elkhart Lake?

Ownership reflects the most recent public assessor records (2026).

13.3%
Owned by out-of-state owners
WI avg 5.3%
9.4%
Owned by a company or LLC
WI avg 5.6%
67%
Owner-occupied (lived in by owner)
33% investor/renter

Of the roughly 1,890 homes in Elkhart Lake, about 13.3% are held by owners with an out-of-state mailing address (above the Wisconsin average of 5.3%), and about 9.4% are titled to a company or LLC rather than a person (above the state average of 5.6%).

Across Sheboygan County, the single largest corporate residential owner on record is Springs Homes LLC, holding roughly 29 single-family homes. Out-of-state and company owners are usually the most willing to sell quickly for cash — they're managing the house as an investment, not living in it.

Curious how Elkhart Lake compares to the rest of the state? See our Who Owns Wisconsin study — out-of-state and corporate ownership across all 72 counties.

In Elkhart Lake (Sheboygan County, Wisconsin), the typical home is worth about $345,800, across roughly 1,890 dwellings. About 33% are owned by investors or landlords rather than the people living in them — above the Wisconsin average of 21%.

Elkhart Lake sits in a county where recorded mortgage data isn't reliable enough to report an accurate cash-sale share, so we've left that figure out rather than publish a number we can't stand behind.

For homeowners, the takeaway is that there's a real, active cash market for Elkhart Lake houses — including as-is, inherited, and off-market sales that never hit the MLS. (HouseBuyerz is one of those cash buyers.)

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