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Featured local agent — Elmwood, NE
Sarah Mitchell
Compass Real Estate · Elmwood, NE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elmwood, NE Housing Market & Real Estate
Housing market overview · Updated monthly ·
$185,000median sale price
How is the Elmwood, NE housing market right now?
The median home sale price in Elmwood, NE is $185,000. Homes sell in an average of 4 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Elmwood a buyer's or seller's market?
Elmwood, NE is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
4
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
102.8%
Above asking
What does the Elmwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $185,000 |
| Average days on market | 4 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 102.8% |
| Median price per sq ft | $191/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elmwood by property type?
How the Elmwood, NE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $185,000 | $191/sq ft | 1 | 4 days |
Source: Redfin · Updated monthly
The Elmwood housing market is currently classified as a strong seller's market with a median sale price of $185,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 4 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Elmwood
There are currently 1 homes listed for sale in Elmwood, Nebraska.
Active listings
1
Homes on market
Avg. days on market
4
Days until sale
Who lives in Elmwood?
Population
765
Median income
$81,250/yr
Median age
36.2 years
Owner-occupied
89.6%
College grads
33.5%
Avg commute
31.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Elmwood?
Zillow home value
$278,926
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Elmwood?
Elmwood is a community of approximately 1K residents with a median age of 36.2 years.The median household income is $81,250, which reflects a relatively affluent area with strong earning potential. 33.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 89.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Elmwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Elmwood?
1 schools tracked · 336 students
The largest public schools serving Elmwood, NE by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
ELMWOOD-MURDOCK ELEM SCHOOL
Grades PK-6 · 336 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Elmwood, NE?
Want a head-to-head view? Compare Elmwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Elmwood?
The median home sale price in Elmwood is $185,000, down 0.0% from last year.
How long do homes stay on market in Elmwood?
Homes typically spend 4 days on market before going under contract.
What is the median income in Elmwood?
The median household income is $81,250 per year.
Is Elmwood a buyer's or seller's market?
With 1.0 months of supply, Elmwood is currently a strong seller's market.
What is the Zillow home value estimate for Elmwood?
The Zillow Home Value Index (ZHVI) for Elmwood is $278,926, representing the typical home value in the area.
How much does a single-family home cost in Elmwood?
The median single-family home price in Elmwood, NE is $185,000 (about $191 per square foot).
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