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Featured local agent — Elmwood, WI
Sarah Mitchell
Compass Real Estate · Elmwood, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elmwood, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$325,000median sale price
How is the Elmwood, WI housing market right now?
The median home sale price in Elmwood, WI is $325,000, up 80.6% year-over-year. Homes sell in an average of 286 days with 2 active listings. The market is currently a balanced 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, WI is currently a balanced market, based on 2.0 months of supply and homes selling in about 286 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
286
Average pace
Active listings
2
2.0 months supply
Sale-to-list
93.1%
Below asking
What does the Elmwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $325,000 |
| Median list price | $250,000 |
| Year-over-year price change | +80.6% |
| Average days on market | 286 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 93.1% |
| Median price per sq ft | $159/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Elmwood by property type?
How the Elmwood, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $325,000 | $159/sq ft | 1 | 286 days |
Source: Redfin · Updated monthly
The Elmwood housing market is currently classified as a balanced market with a median sale price of $325,000. Prices have risen 80.6% compared to last year, with homes spending an average of 286 days on market, indicating 2.0 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 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Elmwood
There are currently 2 homes listed for sale in Elmwood, Wisconsin. The median listing price is $250K.
Active listings
2
Homes on market
Median list price
$250K
Avg. days on market
286
Days until sale
New this week
1
Newly listed
Who lives in Elmwood?
Population
699
Median income
$55,313/yr
Median age
56 years
Owner-occupied
68.6%
College grads
14.5%
Avg commute
26.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Elmwood?
Zillow home value
$273,196
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Elmwood?
Elmwood is a community of approximately 1K residents with a median age of 56 years.The median household income is $55,313, which represents a working-class community with solid middle-income opportunities. 14.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elmwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Elmwood?
4 schools tracked · 325 students
The largest public schools serving Elmwood, WI 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 Elementary
Grades PK-4 · 132 students
Elmwood Middle
Grades 5-8 · 90 students
Elmwood High
Grades 9-12 · 90 students
Western Wisconsin Virtual Charter School (WWVC)
Grades PK-12 · 13 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, WI?
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 $325,000, up 80.6% from last year.
How long do homes stay on market in Elmwood?
Homes typically spend 286 days on market before going under contract.
What is the median income in Elmwood?
The median household income is $55,313 per year.
Is Elmwood a buyer's or seller's market?
With 2.0 months of supply, Elmwood is currently a balanced market.
What is the Zillow home value estimate for Elmwood?
The Zillow Home Value Index (ZHVI) for Elmwood is $273,196, 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, WI is $325,000 (about $159 per square foot).
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