Elmwood, IL Housing Market
The Elmwood housing market is very competitive. The median sale price of a home in Elmwood was $146K last month, up 11.9% since last year. The median sale price per square foot in Elmwood is $86, up 6.2% since last year.
Elmwood Housing Market Trends
In March 2024, Elmwood home prices were up 11.9% compared to last year, selling for a median price of $146K.
since last year
since last year
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Elmwood housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 28 days.
- Hot homescan sell for around list price and go pending in around 5 days.
Elmwood Migration & Relocation Trends
Home offer insights for Elmwood
Recent offers
View houses in Elmwood that sold recently
Recently sold homes
- $95,000 Last Sold Price4 beds3.5 baths1,744 sq ft306 W Main St, Elmwood, IL 61529List Price$79,900Sale to List19% over listDays on Market47 days306 W Main St, Elmwood, IL 61529
- $87,0003 beds1 bath1,070 sq ft307 N Lilac St, Elmwood, IL 61529Days on Market—307 N Lilac St, Elmwood, IL 61529
- $126,000 Last Sold Price3 beds1 bath1,003 sq ft214 E Cypress St, Elmwood, IL 61529List Price$130,000Sale to List3% under listDays on Market55 days214 E Cypress St, Elmwood, IL 61529
- $188,000—beds—baths—sq ftW Southgate Dr, Elmwood, IL 61529Days on Market—W Southgate Dr, Elmwood, IL 61529
- $29,000 Last Sold Price—beds—baths—sq ftLot 45 N Hickory Run Run, Elmwood, IL 61529List Price$29,000Sale to List0% over listDays on Market19 daysLot 45 N Hickory Run Run, Elmwood, IL 61529
- $134,000 Last Sold Price2 beds1.5 baths1,910 sq ft513 W Ash St, Elmwood, IL 61529List Price$134,000Sale to List0% over listDays on Market21 days513 W Ash St, Elmwood, IL 61529
- $270,000 Last Sold Price3 beds3.5 baths3,688 sq ft24420 W Main St, Elmwood, IL 61529List Price$356,250Sale to List24% under listDays on Market202 days24420 W Main St, Elmwood, IL 61529
- $130,000 Last Sold Price3 beds2 baths1,716 sq ft505 W Main St, Elmwood, IL 61529List Price$139,900Sale to List7% under listDays on Market57 days505 W Main St, Elmwood, IL 61529
See all recently sold homes in Elmwood.
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Schools in Elmwood
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Elmwood Elementary School Public • PreK-6 | 333 Students | 3 reviews |
Climate's impact on Elmwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Elmwood.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Elmwood
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