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Featured local agent — Elmwood Park, WI
Sarah Mitchell
Compass Real Estate · Elmwood Park, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elmwood Park, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$450,000median sale price
How is the Elmwood Park, WI housing market right now?
The median home sale price in Elmwood Park, WI is $450,000. Homes sell in an average of 30 days with 2 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 Park a buyer's or seller's market?
Elmwood Park, WI is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
30
Average pace
Active listings
2
2.0 months supply
Sale-to-list
105.9%
Above asking
What does the Elmwood Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $450,000 |
| Median list price | $464,900 |
| Average days on market | 30 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 105.9% |
| Median price per sq ft | $182/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elmwood Park by property type?
How the Elmwood Park, 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 | $450,000 | $182/sq ft | 1 | 30 days |
Source: Redfin · Updated monthly
The Elmwood Park housing market is currently classified as a strong seller's market with a median sale price of $450,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 30 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 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Elmwood Park
There are currently 2 homes listed for sale in Elmwood Park, Wisconsin. The median listing price is $465K.
Active listings
2
Homes on market
Median list price
$465K
Avg. days on market
30
Days until sale
New this week
1
Newly listed
Who lives in Elmwood Park?
Population
528
Median income
$61,573/yr
Median age
67.2 years
Owner-occupied
98.6%
College grads
33.2%
Avg commute
21.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Elmwood Park?
Zillow home value
$354,154
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Elmwood Park?
Elmwood Park is a community of approximately 1K residents with a median age of 67.2 years.The median household income is $61,573, which represents a working-class community with solid middle-income opportunities. 33.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 98.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elmwood Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Elmwood Park, WI?
Want a head-to-head view? Compare Elmwood Park 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 Park?
The median home sale price in Elmwood Park is $450,000, down 0.0% from last year.
How long do homes stay on market in Elmwood Park?
Homes typically spend 30 days on market before going under contract.
What is the median income in Elmwood Park?
The median household income is $61,573 per year.
Is Elmwood Park a buyer's or seller's market?
With 2.0 months of supply, Elmwood Park is currently a strong seller's market.
What is the Zillow home value estimate for Elmwood Park?
The Zillow Home Value Index (ZHVI) for Elmwood Park is $354,154, representing the typical home value in the area.
How much does a single-family home cost in Elmwood Park?
The median single-family home price in Elmwood Park, WI is $450,000 (about $182 per square foot).
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