Housing in Elmwood Park, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$370,000

Median List Price

$305,950

Price Per Sq Ft

$248

Days on Market

81

Active Inventory

54

Months of Supply

3.4

Seller's market

Zillow Home Value

$328,451

ZHVI — January 2026

Zillow Rent Index

$1,833

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 3.5%List Price 17.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.0%

Off Market in 2 Weeks

23.5%

Sale-to-List Ratio

99.3%

Buyer's market

Sold Above Asking
25.0%
Under Contract in 2 Wks
23.5%
Listings with Price Drops
11.1%

Market Activity

Source: Redfin

Homes Sold

16

New Listings

18

Pending Sales

17

Homes Sold 46.7%New Listings 33.3%Pending 62.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$248

Median List $/SF

$203

Sale $/SF 17.5%List $/SF 1.0%Mar 24Jan 26

Elmwood Park vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Elmwood Park is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$325,000

Median Rent

$1,295

Total Housing Units

9,741

Vacancy Rate

6.6%

Owner Occupied

62.4%

Renter Occupied

37.6%

Median Property Tax

$6,674

per year

Monthly Cost (w/ Mortgage)

$1,833

Housing Types

Single Family
53.4%
Multi-Family
46.5%
Mobile Home
0.1%

The current median sale price in Elmwood Park, IL is $370,000 according to Redfin data. Homes spend a median of 81 days on the market. 25.0% of homes sold above asking price. The market has 3.4 months of supply. The median price per square foot is $248. Zillow's observed rent index is $1,833/month. About 62.4% of housing units are owner-occupied. The median year homes were built is 1956. There are 9,741 total housing units.