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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 October 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

Jul 1, 2026 - Sep 30, 2026

Median sale price
$343K
+13% from Q2 '26
Median list price
$282K
-15% from Q2 '26
Active listings
21
No change from Q2 '26
Homes sold
6
-25% from Q2 '26
New pendings
10
+25% from Q2 '26
New listings
9
-25% from Q2 '26

Quarterly Pricing Trends for Elwood

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

Quarterly Pricing Trends for Elwood Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 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 sale price in Apr 2026 - Jun 2026: $302K Median sale price in Jul 2026 - Sep 2026: $343K 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 Median list price in Apr 2026 - Jun 2026: $330K Median list price in Jul 2026 - Sep 2026: $282K 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 Apr 2026 - Jun 2026 Median sale price $302K Median list price $330K Jul 2026 - Sep 2026 Median sale price $343K Median list price $282K
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 (Jul 2026 - Sep 2026).

Elwood’s rolling three-month data through September 2026 shows home values moving higher than a year ago. The typical home value is up about 5 percent year over year, while homes sold have increased roughly 22 percent. Inventory has expanded even more sharply, with active listings up about 63 percent compared with the same period last year.

Looking at the latest rolling period, buyers are seeing many more options but also slower movement. Months of supply has climbed to about seven, more than triple its level a year ago, and median days on market has lengthened to about two months. Even with that added leverage for buyers, sale prices are still holding near list, with the average sale-to-list ratio just over 100 percent.

Another notable shift is how often homes sell above asking price. Roughly one-third of recent sales closed above list, down sharply from the very high share seen last year, which supports the idea that bidding wars have cooled as supply increased. At the same time, pending sales have surged more than 40 percent year over year, suggesting that well-priced homes still draw solid interest. In this kind of mixed environment, Agent Pronto can connect both buyers and sellers with an Elwood agent who understands these trends and can help them navigate each step confidently.



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 →


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

“very professional business woman knew her product knew how to market property effectively made our sale in just a few days as she said she would sale was flawless and very fast her company did all the behind the sale work highly recommend kim and her staff this was an estate sale as we are out of town owners in another state 100% satisfied”

Richard C Duple · South Holland, IL

Photo of Kim Wirtz
Wirtz Real Estate Group, Inc.
“I have worked with Barb for years and she was so patient and understanding to my situation and was amazing with communication.”

Allie Fronek · Joliet, IL

Photo of Barb Gall
RE/MAX Remax Ultimate Professionals
“Our real estate agent, Nicole Canny, from Mike McCatty office is fantastic and I highly recommend her to everyone. She has been looking for the perfect house for my daughter and husband and their family for about 2 years now as they had certain requirements for a new house and a certain area they wanted to live in also. Nicole was persistent and she finally found the perfect home for them and the purchase all went quickly, smoothly and was a great experience overall. Thanks to Nicole Canny and now she will be able to sell their old house also.”

Kathy · Mokena, IL

Photo of McCatty Real Estate
Century 21 Circle
“We had such a great experience working with Victoria and Sam! They were always quick to respond whenever we sent a home we were interested in or had questions. They were willing to go on as many tours as it took to help us find the right fit and were honest about steering us away from homes with structural concerns. It was clear they genuinely had our best interests at heart and wanted us to find a home we’d love. They’re also both funny and easy to get along with, which made the entire process that much more enjoyable. We couldn’t recommend them enough!”

Caden Burgess · Wilmington, IL

Photo of Victoria Holmes
Berkshire Hathaway HomeServices Chicago
“Ray Roswell provided exceptional service throughout the process. His assistance in locating a new home, combined with his expertise in the sale of manufactured homes, was invaluable. I confidently recommend him to anyone considering buying or selling a home.”

Jim Raby · Beecher, IL

Photo of Ray Rosewell
Real People Realty
“Michelle was exceptional throughout the entire home-buying process! She was always on top of the paperwork, deadlines, and everything we needed to get our purchase completed. Her responsiveness, organization, and attention to detail made the process so much smoother. We truly appreciated all her hard work and would highly recommend her to anyone looking to buy a home!”

Luis Alvarez · Kankakee, IL

Photo of Michelle Greybill
Village Realty
“Katherine Rubis was very patient with me during the year that I was looking for homes. She was always available to discuss our next steps or to show me new listings. Every single part of the process that Katherine handled was very smooth and easy for me. She is an outstanding agent and I will definitely call her when I am in the market to sell or buy a home again. There is nothing else she could have done to make me more satisfied with working with her. I have zero complaints.”

Dan Coglianese · Orland Park, IL

Photo of Househunters4u Team
Berkshire Hathaway Chicago
“A pleasure to work with from start to finish. Knowledgeable, friendly and professional.”

August Liesse · Midlothian, IL

Photo of Maddie Kurtz
Realtopia Real Estate
“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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