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Elwood, IL real estate

Compare top Elwood real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Elwood real estate Market Report.

Information and statistics on the latest trends in the Elwood real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$315K
+4.9% from Q1 '26
Median list price
$307K
-0% from Q1 '26
Active listings
19
+12% from Q1 '26
Homes sold
10
+67% from Q1 '26
New pendings
9
-25% from Q1 '26
New listings
10
No change from Q1 '26

Quarterly Pricing Trends for Elwood

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Elwood Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $220K Median sale price in Jul 2021 - Sep 2021: $250K Median sale price in Oct 2021 - Dec 2021: $253K Median sale price in Jan 2022 - Mar 2022: $198K Median sale price in Apr 2022 - Jun 2022: $197K Median sale price in Jul 2022 - Sep 2022: $255K Median sale price in Oct 2022 - Dec 2022: $240K Median sale price in Jan 2023 - Mar 2023: $240K Median sale price in Apr 2023 - Jun 2023: $247K Median sale price in Jul 2023 - Sep 2023: $260K Median sale price in Oct 2023 - Dec 2023: $259K Median sale price in Jan 2024 - Mar 2024: $273K Median sale price in Apr 2024 - Jun 2024: $280K Median sale price in Jul 2024 - Sep 2024: $257K Median sale price in Oct 2024 - Dec 2024: $265K Median sale price in Jan 2025 - Mar 2025: $354K Median sale price in Apr 2025 - Jun 2025: $311K Median sale price in Jul 2025 - Sep 2025: $325K Median sale price in Oct 2025 - Dec 2025: $280K Median sale price in Jan 2026 - Mar 2026: $300K Median list price in Apr 2021 - Jun 2021: $205K Median list price in Jul 2021 - Sep 2021: $257K Median list price in Oct 2021 - Dec 2021: $190K Median list price in Jan 2022 - Mar 2022: $212K Median list price in Apr 2022 - Jun 2022: $225K Median list price in Jul 2022 - Sep 2022: $250K Median list price in Oct 2022 - Dec 2022: $262K Median list price in Jan 2023 - Mar 2023: $239K Median list price in Apr 2023 - Jun 2023: $252K Median list price in Jul 2023 - Sep 2023: $274K Median list price in Oct 2023 - Dec 2023: $255K Median list price in Jan 2024 - Mar 2024: $267K Median list price in Apr 2024 - Jun 2024: $295K Median list price in Jul 2024 - Sep 2024: $265K Median list price in Oct 2024 - Dec 2024: $320K Median list price in Jan 2025 - Mar 2025: $310K Median list price in Apr 2025 - Jun 2025: $307K Median list price in Jul 2025 - Sep 2025: $280K Median list price in Oct 2025 - Dec 2025: $282K Median list price in Jan 2026 - Mar 2026: $307K Apr 2021 - Jun 2021 Median sale price $220K Median list price $205K Jul 2021 - Sep 2021 Median sale price $250K Median list price $257K Oct 2021 - Dec 2021 Median sale price $253K Median list price $190K Jan 2022 - Mar 2022 Median sale price $198K Median list price $212K Apr 2022 - Jun 2022 Median sale price $197K Median list price $225K Jul 2022 - Sep 2022 Median sale price $255K Median list price $250K Oct 2022 - Dec 2022 Median sale price $240K Median list price $262K Jan 2023 - Mar 2023 Median sale price $240K Median list price $239K Apr 2023 - Jun 2023 Median sale price $247K Median list price $252K Jul 2023 - Sep 2023 Median sale price $260K Median list price $274K Oct 2023 - Dec 2023 Median sale price $259K Median list price $255K Jan 2024 - Mar 2024 Median sale price $273K Median list price $267K Apr 2024 - Jun 2024 Median sale price $280K Median list price $295K Jul 2024 - Sep 2024 Median sale price $257K Median list price $265K Oct 2024 - Dec 2024 Median sale price $265K Median list price $320K Jan 2025 - Mar 2025 Median sale price $354K Median list price $310K Apr 2025 - Jun 2025 Median sale price $311K Median list price $307K Jul 2025 - Sep 2025 Median sale price $325K Median list price $280K Oct 2025 - Dec 2025 Median sale price $280K Median list price $282K Jan 2026 - Mar 2026 Median sale price $300K Median list price $307K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
21
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Over the rolling three-month period ending in May 2026, Elwood’s prices show mixed movement compared with a year earlier. The typical home value is down slightly year over year, while the median list price has climbed by double digits, pointing to stronger seller expectations. Homes sold have more than doubled from a year ago, indicating that more buyers are closing deals despite shifting pricing dynamics.

Current inventory conditions highlight a distinct seller’s advantage. Active listings are up sharply year over year, yet months of supply has fallen to just 1.9 months, underscoring limited overall availability even as more homes come to market. At the same time, the share of properties selling above list price has dropped by about half compared with last year, and the average sale-to-list ratio now sits just under full asking, suggesting buyers have gained a bit more negotiating room.

Time on market tells another part of the story, with the median days on market rising to 61 days in this rolling three-month window, much higher than a year ago. Even with that increase, more than half of homes still go off the market within two weeks, showing that well-positioned listings can move quickly. Whether you are trying to stand out as a seller or navigate pricing and timing as a buyer, Agent Pronto can connect you with a local Elwood agent who understands these trends and can guide your next move.



Learn more about what Elwood has to offer.

Elwood offers residents a welcoming, close-knit community with convenient amenities, quality parks, strong local schools, and abundant outdoor recreation.

Elwood immediately feels distinct from nearby Joliet and New Lenox, with a quieter, more close‑knit identity shaped by its agricultural roots and growing logistics corridor. Tree‑lined streets, long‑time family homes, and new construction sit side by side, attracting residents who want space and a slower pace while staying within reach of major employers and I‑55.

Life here often centers around community events and local institutions. Families appreciate the small‑town feel of Elwood School District 203, while older students typically transition to nearby Joliet Township High School District 204. Outdoor time is easy to find at Elwood Community Park and the extensive trails and wetlands of Midewin National Tallgrass Prairie just south of town. The Des Plaines River Valley area provides additional recreation and scenic drives, yet daily needs remain close at hand in neighboring Manhattan and Channahon.

Residents keep an eye on ongoing industrial development and transportation projects, which influence traffic patterns and long‑term property values. Whether you are considering selling a long‑held homestead near Route 53 or buying your first home close to village parks, timing and preparation are key in Elwood’s evolving market. Agent Pronto can connect you with a local real estate professional who understands these dynamics and is ready to guide both buyers and sellers through each step.

Find your Elwood real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Selling a home can be emotionally and physically exhausting. Kim Wirtz took control of the process and led me through it. She was knowledgeable, responsive, and patient. I would recommend Kim to sell your home.”

Karen · Lockport, IL

Photo of Kim Wirtz
Wirtz Real Estate Group, Inc.
“Originally we were referred by our first lender and we could not have been more fortunate to work with Vicky and Sam. They were professional and realistic regarding our home search. We had not purchased a home in a very long time and Vicky was patient and understanding and was so attentive. avidly referred us to our second lender (the first was not communicative) and it was wonderful. Overall the whole experience was great! Thank you for helping us find our dream home!”

Christina · Channahon, IL

Photo of Victoria Holmes
Berkshire Hathaway HomeServices Chicago
“Mike was very responsive from start to finish. Our home sale played out exactly how Mike told us it would. We had multiple offers over asking the first weekend. We were moving out of state and a smooth and quick sale is what we were hoping for and Mike made that happen. We would highly recommend Mike to anyone looking to sell their property in the Southwest Suburbs.”

Bill & Jan Gora · Homer Glen, IL

Photo of McCatty Real Estate
Century 21 Circle
“Barb was 1/20 realtors who was willing to work with me in the beginning over 9 years ago. This is when I first purchased my home. I was cheap buyer. It went without saying I was going to be using her for the sale of the home 9 years later. She handled the hurdles flawlessly and talked me through and coached me the entire way. To say I appreciate her is an understatement. I sold my home after we relocated it of state and she coordinated every logistic of that sale on my behalf to he best of her ability. I recommend her without fail and would point every person in her direction that has a need for a solid realtor.”

Robin Ross · Joliet, IL

Photo of Barb Gall
RE/MAX Remax Ultimate Professionals
“Kathy fought a lot of uphill battles for us and despite hurdles at every turn (with prospective buyer) she pushed on and was able to secure our sale. I can't thank her enough for the amount of work she put in.”

Hayden Johnson · Naperville, IL

Photo of Househunters4u Team
Berkshire Hathaway Chicago
“Working with Ray was an absolute blessing throughout my home buying journey. He went above and beyond every step of the way, always remaining patient, professional, and supportive through all of the ups and downs that came along the process. No matter the challenge, Ray stayed committed and made sure I felt informed and encouraged the entire time. His dedication, communication, and genuine care truly made a difference, and I would highly recommend him to anyone looking for a reliable and hardworking realtor.”

Theresa Davis · Monee, IL

Photo of Ray Rosewell
Real People Realty
“Gergana was outstanding from start to finish. She was straightforward, never sugarcoating, and always on point with her suggestions. From the beginning, she came prepared with a clear plan and executed it flawlessly. I was initially worried about listing the house in January, but thanks to Gergana’s expertise and guidance, we were under contract in less than three days, and we received more than our asking price. Her advice was spot-on, and we’re so glad we followed it. We couldn’t be happier with the results and the smooth experience. If we ever need to sell a house again in the future, Gergana will be our first call. Highly recommended!”

Noah Ramos · Aurora, IL

Photo of Gergana Androva
Village Realty, Inc
“Kathi was amazing! She kept us informed with every step, and answered every question we had thoroughly. She also saved our bacon a couple times when we weren't sure about something. She's very professional, kind, and attentive”

Brett · Portage, IN

Photo of Kathi Boswell
Village Realty
“Working with Cathy truly was a blessing and a prayer answered. From day one, Cathy was on top of EVERYTHING. She made the sale of our home, as well as the buying of our new home, such a wonderful experience. Even though we ran into some hiccups, which were out of our hands, Cathy handled it all for us. From her marketing, to her overall knowledge of buying and selling, Cathy was on top of everything. I'm so thankful and grateful to have had her on this journey, by our side. I know I will recommend her time and time again, to all our family and friends.”

Tiffany Kinsey · Compton, IL

Photo of Cathy Vander Hye
Century 21 Pride Realty
“Larry is by far the most AMAZING Realtor. He was always very responsive to my calls, texts, request, etc. We built up such a great relationship through this crazy process, that even after we closed on our new home, he reached out to check on us. He is always looking to get the best deal for his clients. He is like family now to us and will always have his own seat next to the firepit in our backyard. I would DEFINETLY recommend Larry to anyone and everyone looking to buy or sell. AMAZING.. Can't say enough Great things about Larry.”

Kathleen and Joe · Wheaton, IL

Photo of Larry Lazar
Charles Rutenberg Realty Charles Rutenberg
“Lynn Bialy was very knowledgeable and patient with my husband and I. We saw many homes in this crazy market. Lynn Bialy knew what we wanted and notified us of a house on the private listing that checked a majority of our boxes! Sooner than we knew it we had our forever home!”

Kathy Ibarra · Lockport, IL

Photo of Lynn Bialy
Keller Williams Village Realty
“Carmen Mitulescu was a pleasure to work with! Her overall knowledge and skills were bar none! I would recommend her to anyone and will definitely use her again if I ever decide to sell my home and purchase another property!!!”

Adam Byrd · Oak Forest, IL

Photo of Carmen Mitulescu
Strategic Realty & Investments LLC
“Bryan was very helpful with the sale of our home.”

Erin Barnett · Homer Glen, IL

Photo of Bryan Sarsfield Team
Crosstown Realtors
“The quicker the response the better, and Taylor was always there for me when I had questions I did not experience any issues with Taylor's work and she made everything easy for me, worked around my schedule, even gave me real advise about the neighborhoods I was searching in I was not pressured to do this survey in any way, and I feel she can be trusted handling my close friends and family's home purchase needs”

Carl Horne · Joliet, IL

Photo of Taylor Palloch
RE/MAX Ultimate Professionals

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Elwood. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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