IL area data
Elwood, IL
Elwood, IL.
Population: 3,649 (Census ACS)
Home values & appreciation
- Median home value
- $326,984
- 1-year appreciation
- +4.4%
- 3-year appreciation
- +14.9%
- 5-year appreciation
- +29.6%
- 10-year appreciation
- +69.7%
- All-time peak (2026-07)
- $326,984
- House Price Index
- 325.3 (+6.1% YoY)
Market activity
- Median sale price
- $285,000
- Median list price
- $299,900
- Median days on market
- 63.5 days
- Sale-to-list ratio
- 98.2%
- Active listings
- 2
- 1-year forecast
- +2.0%
- New listings (monthly)
- 6
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,380/mo
- 3BR fair-market rent
- $1,780/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
- 0
- High schools
- 0
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- coldWave, tornado, inlandFlooding, lightning, winterWeather
- FEMA flood zone
- A
- Flood risk level
- High
Climate (30-year normals)
- Annual precipitation
- 43.3 in
Air quality
- Air quality rating
- Moderate
- Median AQI (annual)
- 53
- Days with Good air quality
- 155
- Days with Unhealthy air quality
- 3
Walkability & transit
- Walkability index
- 5.7 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Pullman National Historical Park (31 mi)
- Nearest airport
- Joliet Regional Airport (JOT) (7 mi)
- Nearest major airport
- Greater Kankakee Airport (IKK) (28 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 2.0 / 5
- EV charging stations (within 10 mi)
- 10
- Solar radiation rating
- Fair (3.9 kWh/m²/day)
Migration
- Net migration
- -986 tax filers
Housing stock
- Median year housing built
- 1,990
- Median annual property tax
- $5,106
- Mean commute to work
- 27 min
- Households with broadband internet
- 75.5%
Employment & development
- Total county employment
- 230,864
- Average weekly wage
- $1,113
- Top industries (by employment)
- Health Care, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 1,433
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 →