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Elwood Housing Market Report

August 2026 • Updated daily from MLS data

$564,870
Average Price
11
Active Listings
39
Avg Days on Market
$198
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Elwood broken down by property type

11
Single Family
View listings
0
Condo
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0
Townhouse
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0
Multifamily
View listings

Price Distribution

How Elwood home prices are distributed across price ranges

Under $100K
0
$100K–$200K
0
$200K–$300K
1
1
$300K–$500K
5
5
$500K–$750K
2
2
$750K–$1M
1
1
$1M+
1
1

Listings by Bedrooms

Bedroom count breakdown for active listings in Elwood

0
1 Bed
1
2 Bed
5
3 Bed
2
4 Bed
3
5+ Bed

Demographics & Community

Census data for Elwood, Illinois

2,315
Population
$78,214
Median Household Income
40.9
Median Age
$206,600
Census Median Home Value

Housing Occupancy

Total Housing Units992
Owner-Occupied780 (83.3%)
Renter-Occupied156 (16.7%)
Vacant Units56
Median Rent$999/mo

Commute & Education

Median Commute1169 min
Work From Home3.0%
Public Transit0.4%
Bachelor's Degree+12.5%
High School Diploma+1.5%

Affordability & Housing Costs

HUD data for the Elwood area

Fair Market Rent (2024)

Studio$743/mo
1 Bedroom$744/mo
2 Bedroom$978/mo
3 Bedroom$1,313/mo
4 Bedroom$1,561/mo

Income Limits (2024)

Median Family Income$112,100
Low Income (4-person)$89,700
Very Low Income (4-person)$56,050
Extremely Low (4-person)$33,650

Safety & Crime Statistics

Crime data for Elwood (2024)

3
Violent Crimes
17
Property Crimes
3
Burglaries
0
Vehicle Thefts

School Districts

School districts serving Elwood properties

203

Featured Listings in Elwood

Top properties currently on the market

19657 Sharp
$1,450,000
5
5
4,500 sqft
19657 Sharp
Elwood, IL
909 Arrowhead
$349,900
4
3
2,100 sqft
909 Arrowhead
Elwood, IL
306-310 Lincoln
$325,000
4
2
306-310 Lincoln
Elwood, IL
110 Mississippi
$225,000
2
1
900 sqft
110 Mississippi
Elwood, IL
21163 Wooded Cove
$720,000
6
4
3,300 sqft
21163 Wooded Cove
Elwood, IL
136 St. Louis
$315,000
3
3
1,800 sqft
136 St. Louis
Elwood, IL
View All Elwood Properties

Save $14,546 on the Average Elwood Home

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