Elwood, IL Housing Statistics

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6%

Med. Home Val. NAT. AVG.

10%

Rent NAT. AVG.

37%

Owner Occ. NAT. AVG.

Elwood Housing Information

Index	Elwood	Illinois	National
Median home price	$305,461	$308,565	$326,622
Median rent asked	$1,295	$1,374	$1,444
Avg. people per household	2.5	2.6	2.6
Owner occupied households	87.2%	66.0%	63.6%
Renter occupied households	12.8%	34.0%	36.4%

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Homes For Sale In Elwood, IL

24908 S Hemphill Dr

Elwood, IL

17249 W Rob Ave

Elwood, IL

804 Deerpath Ln

Elwood, IL

24530 S Rowell Ave

Elwood, IL

Housing Quick Facts

The median home price in Elwood is 6% lower than the national average.
The median rent asked in Elwood is 10% lower than the national average.
The average number of people per household in Elwood is 5% lower than the national average.
The number of owner occupied households in Elwood is 37% higher than the national average.
The number of renter occupied households in Elwood is 65% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Wilmington village, IL	150	$96,824	70%
Godley, IL	717	$188,586	42%
Fairmont, IL	2,777	$192,176	41%
Ingalls Park, IL	3,100	$196,930	40%
Preston Heights, IL	2,583	$207,751	36%
Elwood, IL	2,603	$305,461	6%

Cities with similar population

	Population	Home Price	National Avg.
Seneca, IL	2,603	$311,520	5%
McLeansboro, IL	2,604	$138,627	58%
Waretown, NJ	2,602	$644,301	97%
Pima, AZ	2,602	$223,531	32%
Holly Lake Ranch, TX	2,602	$306,028	6%
Elwood, IL	2,603	$305,461	6%

Source: The Elwood, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.