Housing in Elwin, IL

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

Housing Market Snapshot

Source: Redfin — June 2025

Median Sale Price

$182,750

Median List Price

N/A

Price Per Sq Ft

$121

Days on Market

14

Active Inventory

N/A

Price Trends

Source: Redfin
Sale Price 181.2%May 24Jun 25

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Sale-to-List Ratio

101.1%

Seller's market

Sold Above Asking
50.0%

Market Activity

Source: Redfin

Homes Sold

2

Homes Sold 100.0%May 24Jun 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$121

Sale $/SF 255.9%May 24Jun 25

Elwin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Elwin is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

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

Median Home Value

$114,100

Median Rent

N/A

Total Housing Units

23

Vacancy Rate

0.0%

Owner Occupied

100.0%

Renter Occupied

0.0%

Median Property Tax

N/A

per year

Monthly Cost (w/ Mortgage)

N/A

Housing Types

Single Family
100.0%
Multi-Family
0.0%
Mobile Home
0.0%

The current median sale price in Elwin, IL is $182,750 according to Redfin data. Homes spend a median of 14 days on the market. 50.0% of homes sold above asking price. The median price per square foot is $121. About 100.0% of housing units are owner-occupied. The median year homes were built is 1972. There are 23 total housing units.