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market report · 60421
Elwood, IL · 60421
3 active listings$499,900 median ask$2,999 est. rent0.6% price/rent
$499,900
Median list price
$2,999/mo
Estimated rent
0.6%
Price / rent ratio
3
Listings
FHFA home price index · 2016–2025
83.5% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.16
Median rent / sqft
2 comps
$264.10
Median sold / sqft
2 comps
—
Walkability
4.8%
Area unemployment
BLS LAUS
Median household income $103,083 · median home value $272,100 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 68).
1 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
306-310 S Lincoln St, Elwood, IL 60421
Elwood, IL
$325,000$2,608/mo0.8%
20126 W Pockey Way, Elwood, IL 60421
Elwood, IL
$499,900$2,999/mo0.6%
19657 W Sharp Rd, Elwood, IL 60421
Elwood, IL
$1,450,000$4,862/mo0.3%