Elwood, IL Housing Market
In October 2025, Elwood home prices were down 11.6% compared to last year, selling for a median price of $240K.
since last year
since last year
Elwood Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Elwood from outside metros.
- Rockford homebuyers searched to move into Elwood more than any other metro followed by Peoria and Springfield.
- 82% of Elwood homebuyers searched to stay within the Elwood metropolitan area.
- Phoenix was the most popular destination among Elwood homebuyers followed by Milwaukee and Cape Coral.
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '25 - Oct '25 | ||
| 1 | 1,092 | ||
| 2 | 828 | ||
| 3 | 644 | ||
| 4 | 608 | ||
| 5 | 587 | ||
| 6 | 272 | ||
| 7 | 272 | ||
| 8 | 252 | ||
| 9 | 248 | ||
| 10 | 210 | ||
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '25 - Oct '25 | ||
| 1 | 4,122 | ||
| 2 | 1,984 | ||
| 3 | 1,441 | ||
| 4 | 1,037 | ||
| 5 | 918 | ||
| 6 | 880 | ||
| 7 | 875 | ||
| 8 | 855 | ||
| 9 | 826 | ||
| 10 | 788 | ||
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