Housing in Elwood, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$333,500

Median List Price

$599,900

Price Per Sq Ft

$221

Days on Market

53

Active Inventory

3

Months of Supply

3.0

Seller's market

Price Trends

Source: Redfin
Sale Price 33.4%List Price 114.3%Apr 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

95.6%

Buyer's market

Sold Above Asking
0.0%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

1

Homes Sold 50.0%New Listings 50.0%Pending 50.0%Apr 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$221

Median List $/SF

$238

Sale $/SF 78.2%List $/SF 32.4%Apr 24Jan 26

Elwood vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

Median Price Per Sq Ft

Census Housing Data

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

Median Home Value

$170,300

Median Rent

N/A

Total Housing Units

445

Vacancy Rate

0.0%

Owner Occupied

100.0%

Renter Occupied

0.0%

Median Property Tax

$5,362

per year

Monthly Cost (w/ Mortgage)

$1,165

Housing Types

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

The current median sale price in Elwood, NJ is $333,500 according to Redfin data. Homes spend a median of 53 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $221. About 100.0% of housing units are owner-occupied. The median year homes were built is 1972. There are 445 total housing units.