Shanklin Millrace, Goshen, IN
Shanklin Millrace — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Shanklin Millrace, Goshen, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Shanklin Millrace Neighborhood Overview
Shanklin Millrace is a residential neighborhood in Goshen, Indiana, offering a quiet, community-focused lifestyle. Located with the ZIP code 46526, it provides residents with a balance of suburban comfort and convenient access to local amenities. The area is characterized by its stable, family-friendly atmosphere.
Lifestyle & Amenities
Residents enjoy a peaceful setting with nearby parks and local shopping options within Goshen. The neighborhood's location provides easy access to everyday conveniences and community events. Its atmosphere is well-suited for those seeking a quieter pace of life close to city resources.
Real Estate Market
The real estate market in Shanklin Millrace is stable, with a median home value of $180,900. Homes spend an average of 88 days on the market, and the homeownership rate is a solid 70%. For renters, the median monthly rent is $1,013.
Schools & Education
Families in Shanklin Millrace are served by the Goshen Community Schools district. The area is known for its commitment to quality public education. Specific school assignments are based on precise location within the neighborhood.
Transportation & Connectivity
The neighborhood is conveniently connected via major local roads, providing straightforward access to downtown Goshen and surrounding areas. While primarily car-dependent, its central location within Elkhart County makes regional travel efficient. Residents find commuting and running errands to be generally convenient.
Why Choose Shanklin Millrace
Shanklin Millrace appeals to homebuyers and renters seeking an affordable, established community with a median household income of $60,980. Its high homeownership rate fosters a strong sense of neighborhood stability. The combination of value, location, and a quiet atmosphere makes it a practical choice in the Goshen area.
Shanklin Millrace Market Data
| Metric | Value |
|---|---|
| Median Home Price | $181K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $61K |
| Homeownership Rate | 70.3% |
| Renter-Occupied | 29.7% |
| Rental Vacancy Rate | 5.7% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 46526 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Shanklin Millrace, Goshen
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Shanklin Millrace, Goshen, IN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15