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IL area data

Elmwood, IL

Elmwood, IL.

Population: 2,763 (Census ACS)

Home values & appreciation

Median home value
$189,641
1-year appreciation
+6.2%
3-year appreciation
+19.3%
5-year appreciation
+30.9%
10-year appreciation
+49.4%
All-time peak (2026-03)
$190,875
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$188,000
Median list price
$199,450
Median days on market
43 days
Sale-to-list ratio
98.2%
Active listings
1
1-year forecast
+3.0%

Rents

2-bedroom fair-market rent (HUD reference)
$1,220/mo
3BR fair-market rent
$1,586/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, hail, iceStorm, lightning, strongWind
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
40.0 in
Annual snowfall
22.0 in

Air quality

Air quality rating
Good
Median AQI (annual)
48
Days with Good air quality
187
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
7.3 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Gordon Brown Airport (6 mi)
Nearest major airport
General Wayne A. Downing Peoria International Airport (PIA) (15 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-656 tax filers

Housing stock

Median year housing built
1,941
Median annual property tax
$4,000
Mean commute to work
22 min
Households with broadband internet
69.5%

Employment & development

Total county employment
93,638
Average weekly wage
$1,413
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
35

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents