The Elmwood Park housing market is not very competitive. The median sale price of a home in Elmwood Park was $93K last month, down 51.6% since last year. The median sale price per square foot in Elmwood Park is $324, up 410.2% since last year.
What is the housing market like in Elmwood Park today?
In March 2024, Elmwood Park home prices were down 51.6% compared to last year, selling for a median price of $93K. On average, homes in Elmwood Park sell after 107 days on the market compared to 99 days last year. There were 10 homes sold in March this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$92,500
-51.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Elmwood Park, MI
$92,500
-51.6%
United States
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How hot is the Elmwood Park housing market?
Elmwood Park is not very competitive. Homes sell in 65 days.
0
100
6
Not Very Competitive
Redfin Compete Score™
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
Multiple offers are rare.
The average homes sell for about 7% below list price and go pending in around 65 days.
Hot homes
can sell for around list price and go pending in around 33 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Elmwood Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Elmwood Park.
Risk Factor
Flood Factor - Minor
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Elmwood Park has a minor risk of flooding. 25 properties in Elmwood Park are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Elmwood Park. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Elmwood Park has a minor risk of wildfire. There are 10 properties in Elmwood Park that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Elmwood Park.
Elmwood Park has minimal risk of severe winds over the next 30 years
Wind Factor
Elmwood Park has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.