Housing in Elwood, NE

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

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$220,000

Median List Price

N/A

Price Per Sq Ft

$142

Days on Market

18

Active Inventory

1

Months of Supply

1.0

Seller's market

Zillow Home Value

$389,489

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 47.8%List Price 7.8%Mar 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

89.8%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
100.0%

Market Activity

Source: Redfin

Homes Sold

1

Pending Sales

1

Homes Sold 50.0%New Listings 66.7%Pending 0.0%Mar 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$142

Sale $/SF 125.4%List $/SF 23.7%Mar 24Dec 25

Elwood vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Elwood 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

$150,700

Median Rent

$775

Total Housing Units

269

Vacancy Rate

18.2%

Owner Occupied

77.7%

Renter Occupied

22.3%

Median Property Tax

$1,672

per year

Monthly Cost (w/ Mortgage)

$713

Housing Types

Single Family
88.1%
Multi-Family
6.3%
Mobile Home
5.6%

The current median sale price in Elwood, NE is $220,000 according to Redfin data. Homes spend a median of 18 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $142. The median rent is $775 per month (Census ACS). About 77.7% of housing units are owner-occupied. The median year homes were built is 1961. There are 269 total housing units.