REAL ESTATE MARKET

ELWOOD, ILLINOIS

August 2020

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ELWOOD REAL ESTATE

IS A BALANCED MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 6months
    To Sell All Homes Presently For Sale
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HOW MUCH DID elwood BUYER PAY?

Buyers payed

Under asking price

5

Buyers payed

At asking price

0

Buyers payed

Over asking price

2

There are more elwood buyers paying under asking price.
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WHY DOES elwood HAVE A BALANCED MARKET?

August 2020

30

  • Active Homes For Sale

Last 12 Months

60

  • Homes Sold
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HOW elwood market trend from last Year?

Active Homes For Sale

  • July 2019

    27

  • July 2020

    30

Homes Sold

  • July 2019

    6

  • July 2020

    7
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 5

CONDOS

Sold N/A
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HOW LONG DOES IT TAKE TO SELL IN elwood?

elwood Single Family Homes

Sell Slower In July Vs June

  • June 2020

    23 days

  • July 2020

    74 days

elwood Condo, duplex & town-homes

Sell Faster In July Vs June

  • June 2020

    6 days

  • July 2020

    2 days
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HOW ARE PRICES TRENDING IN elwood?

Avarage list price increase

Good for seller

  • June

    $264K

  • July

    $276K

Median sold price decrease

Buyers bargain harder

  • June

    $258K

  • July

    $238K
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WHAT CAN I BUY IN elwood ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$70K-$154K
Bedrooms
3.5
Bathrooms
1.5
Home size
2000Sq. Ft.
$154K-$382K
Bedrooms
2.8
Bathrooms
2.5
Home size
2500Sq. Ft.
$382K-$525K
Bedrooms
3
Bathrooms
3
Home size
3470Sq. Ft.
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WHAT IS FOR SALE IN elwood TODAY?

Single family homes for sale

Multi family homes for sale
Condos for sale

Land for sale

Townhomes homes for sale

Mobile home for sale

Parking for sale

Below market homes and deals

Short sale homes for sale

Foreclosures for sale

Homes with waterfront

Homes with pool

Homes with golf course

New construction homes

Luxury homes

All homes for sale
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elwood REAL ESTATE MEDIAN SALES PRICE BY MONTH

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elwood SOLD LISTINGS

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elwood ACTIVE FOR SALE LISTINGS

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elwood TRANSACTION VOLUME IN US DOLLARS

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elwood MONTH SUPPLY INVENTORY

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Schools in elwood

School Name Grand Level For Sale
elwood c c school KinderGarden - 8th Grade View Homes For Sale

Subdivisions in elwood

Subdivision
meadowbrook (10 for sale) View Homes For Sale
wooded cove (4 for sale) View Homes For Sale
wyndstone village (1 for sale) View Homes For Sale
woodland acres (1 for sale) View Homes For Sale
charlmar (1 for sale) View Homes For Sale
tanglewood (1 for sale) View Homes For Sale
noel estates (1 for sale) View Homes For Sale

New For Sale in Elwood

Date Address Beds Baths Sq.Ft. Price
Jul 13, 2020 17239 rob 3 2 2,934 ft2 $380K
Jul 31, 2020 805 cobblestone 2 2 1,400 ft2 $189K
Jul 17, 2020 21125 magnolia 3 2 2,000 ft2 $345K
Aug 04, 2020 24901 hemphill 3 3 2,000 ft2 $249K
Jun 24, 2020 24720 hemphill 3 3 1,600 ft2 $260K
Jul 15, 2020 20151 white tail 3 3 2,800 ft2 $395K
Jun 13, 2020 19934 munch 3 4 2,500 ft2 $415K
Jul 09, 2020 109 creekside 0 ft2 $10K
Jul 20, 2020 108 creekside 0 ft2 $14K