Elwood, IL
Housing market overview · Updated weekly
$305,000median sale price
Homes sold
1
Last 12 weeks
Days on market
74
Average pace
Active listings
7
7.0 months supply
Sale-to-list
101.7%
Above asking
The Elwood housing market is currently classified as a leaning buyer's with a median sale price of $305,000. Prices have fallen 12.9% compared to last year, with homes spending an average of 74 days on market, indicating 7.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Elwood
There are currently 7 homes listed for sale in Elwood, Illinois. The median listing price is $445K.
Active listings
7
Homes on market
Median list price
$445K
Avg. days on market
74
Days until sale
New this week
2
Newly listed
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Frequently asked questions
What is the average home price in Elwood?
The median home sale price in Elwood is $305,000, down 12.9% from last year.
How long do homes stay on market in Elwood?
Homes typically spend 74 days on market before going under contract.
Is Elwood a buyer's or seller's market?
With 7.0 months of supply, Elwood is currently a leaning buyer's.
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