The Elmwood Park housing market is not very competitive. The median sale price of a home in Elmwood Park was $203K last month, up 13.8% since last year. The median sale price per square foot in Elmwood Park is $173, up 22.7% since last year.
What is the housing market like in Elmwood Park today?
In October 2024, Elmwood Park home prices were up 13.8% compared to last year, selling for a median price of $203K. On average, homes in Elmwood Park sell after 107 days on the market compared to 56 days last year. There were 4 homes sold in October this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$202,500
+13.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Elmwood Park, MI
$202,500
+13.8%
United States
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How hot is the Elmwood Park housing market?
Elmwood Park is not very competitive. Homes sell in 51 days.
0
100
29
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 6% below list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 8 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.
Flood Factor - Minor
12% 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 12% of all properties in Elmwood Park. Flood risk is increasing slower than the national average.
10% of properties are at risk of wildfire over the next 30 years
Fire Factor
Elmwood Park has a minor risk of wildfire. There are 54 properties in Elmwood Park that have some risk of being affected by wildfire over the next 30 years. This represents 10% of all properties in Elmwood Park.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Elmwood Park has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Elmwood Park is most at risk from severe storms. 540 properties in Elmwood Park have some risk of being in a severe wind event within the next 30 years.