Elwood, IL Real Estate & Property Data

Elwood Real Estate Market Trends
Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Elwood, IL 60421. ATTOM’s Elwood real estate data is updated daily, and current market trends show that in Elwood, IL a total of 69 residential properties have sold over the past year. With a median home price of $337,500 in Elwood and a total of 2 foreclosures. Get detailed property data for Elwood, IL instantly. ATTOM is your one-stop-shop for the Elwood property reports and real estate data you need in Elwood, IL.

Elwood Real Estate Market Trends
Total Residential Properties 1,392
Total Commercial Properties 176
Avg. Home Age (Single Family Home) 76 Years
Avg. Square Feet (Single Family Home) 2,140
Total 2025 Residential Sales (year-to-date) 8
% of Homes Seriously Underwater (Q2 2025) 0.79%
Total 2024 Residential Sales 67
% of Equity Rich Homes (Q2 2025) 41.31%
Effective 2024 Property Tax 1.46%
Total Foreclosure Filings (year-to-date) 5
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Elwood, IL 60421 Real Estate Overview

There were 69 residential properties sold in the past year in Elwood, IL 60421. The median home value in Elwood, IL 60421 is $294,221. There are a total of 1,392 residential properties in the 60421.

Median Sales Price i
$337,500
(Feb 2025)
-2.5%
year-over-year
y-o-y
  • February '25 Feb '25 $337,500
  • January '25 Jan '25 $407,499
  • December '24 Dec '24 $285,000
  • November '24 Nov '24 $253,950
  • October '24 Oct '24 $312,500
  • September '24 Sep '24 $264,950
  • August '24 Aug '24 $260,000
  • July '24 Jul '24 $320,050
  • June '24 Jun '24 $385,000
  • May '24 May '24 $305,000
  • April '24 Apr '24 $384,250
  • March '24 Mar '24 $459,500
Median Down Payment i
$31,125
(Feb 2025)
+45.1%
year-over-year
y-o-y
  • February '25 Feb '25 $31,125
  • January '25 Jan '25 $48,478
  • December '24 Dec '24 $28,500
  • November '24 Nov '24 $11,582
  • October '24 Oct '24 $50,000
  • September '24 Sep '24 $20,000
  • August '24 Aug '24 N/A
  • July '24 Jul '24 $54,950
  • June '24 Jun '24 $42,500
  • May '24 May '24 $150,000
  • April '24 Apr '24 $40,819
  • March '24 Mar '24 $16,521
Number of Homes Sold i
5
(Feb 2025)
-16.7%
year-over-year
y-o-y
  • February '25 Feb '25 5
  • January '25 Jan '25 3
  • December '24 Dec '24 5
  • November '24 Nov '24 4
  • October '24 Oct '24 5
  • September '24 Sep '24 8
  • August '24 Aug '24 2
  • July '24 Jul '24 6
  • June '24 Jun '24 5
  • May '24 May '24 6
  • April '24 Apr '24 8
  • March '24 Mar '24 6
Number of Purchase Loans i
4
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 4
  • January '25 Jan '25 2
  • December '24 Dec '24 5
  • November '24 Nov '24 5
  • October '24 Oct '24 1
  • September '24 Sep '24 8
  • August '24 Aug '24 7
  • July '24 Jul '24 4
  • June '24 Jun '24 3
  • May '24 May '24 4
  • April '24 Apr '24 6
  • March '24 Mar '24 5
Number of REFI Loans i
5
(Feb 2025)
  • February '25 Feb '25 5
  • January '25 Jan '25 3
  • December '24 Dec '24 7
  • November '24 Nov '24 3
  • October '24 Oct '24 6
  • September '24 Sep '24 3
  • August '24 Aug '24 2
  • July '24 Jul '24 3
  • June '24 Jun '24 3
  • May '24 May '24 3
  • April '24 Apr '24 7
  • March '24 Mar '24 2
Number of HELOC Loans i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 4
  • October '24 Oct '24 3
  • September '24 Sep '24 N/A
  • August '24 Aug '24 3
  • July '24 Jul '24 1
  • June '24 Jun '24 4
  • May '24 May '24 1
  • April '24 Apr '24 1
  • March '24 Mar '24 1

Elwood, IL 60421 Foreclosure Activity

There were a total of 2 Elwood, IL 60421 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
2
(Feb 2025)
  • February '25 Feb '25 2
  • January '25 Jan '25 3
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 2
  • March '24 Mar '24 N/A
Foreclosure Starts i
1
(Feb 2025)
  • February '25 Feb '25 1
  • January '25 Jan '25 2
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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