Movoto Real Estate

Homes Under $1M Price For Sale in Elwood, IL

20 Homes
 
934 Arrowhead Dr, Elwood, IL 60421
  • $300,000
  • 3Bd
  • 2Ba
  • 1,200 Sq Ft
New
306-310 S Lincoln St, Elwood, IL 60421
  • $340,000
  • 4Bd
  • 2Ba
New 5 Days
213 Fox Run Dr, Elwood, IL 60421
  • $310,000
  • 2Bd
  • 3Ba
  • 1,500 Sq Ft
24908 Hemphill Dr, Elwood, IL 60421
  • $434,900
  • 3Bd
  • 3Ba
  • 2,700 Sq Ft
17249 W Rob Ave, Elwood, IL 60421
  • $399,999
  • 4Bd
  • 3Ba
  • 2,100 Sq Ft
804 Deerpath Ln, Elwood, IL 60421
  • $285,900
  • 2Bd
  • 3Ba
  • 1,500 Sq Ft
$4K
24530 S Rowell Ave, Elwood, IL 60421
  • $550,000
  • 4Bd
  • 3Ba
  • 2,500 Sq Ft
21433 S Wooded Cove Dr, Elwood, IL 60421
  • $999,999
  • 5Bd
  • 5Ba
  • 6,500 Sq Ft
$75K
21163 S Wooded Cove Dr, Elwood, IL 60421
  • $749,500
  • 6Bd
  • 4Ba
  • 3,300 Sq Ft
25038 S Timber Ct, Elwood, IL 60421
  • $395,000
  • 3Bd
  • 4Ba
  • 1,775 Sq Ft
$5K
21140 Magnolia Ln, Elwood, IL 60421
  • $33,500
  • 0.47 Acre
205 N Lincoln St, Elwood, IL 60421
  • $333,900
  • 4Bd
  • 2Ba
  • 2,800 Sq Ft
lot11 E Mississippi Ave, Elwood, IL 60421
  • $150,000
  • 4.72 Acre
lot4 Lincoln-way Dr, Elwood, IL 60421
  • $150,000
  • 2.79 Acre
lot3 Town Center Dr, Elwood, IL 60421
  • $150,000
  • 2.43 Acre
lot S 56 7 Lincoln Way Dr, Elwood, IL 60421
  • $399,900
  • 5.41 Acre
109 Creekside Dr, Elwood, IL 60421
  • $44,500
  • 0.56 Acre
966 Arrowhead Dr, Elwood, IL 60421
  • $40,000
lot1 S Rt 53, Elwood, IL 60421
  • $250,000
  • —Bd
  • —Ba
Sec29 Heritage Drive, Elwood, IL 60421
  • $550,000
  • 4.58 Acre
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1 - 20 of 20 Homes for sale in Elwood, IL
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Price

Elwood, IL real estate market trends

Statistics as of June 2026
$434K
Avg. list price
$177/Sqft
Avg. price/sqft
13
Homes for sale
2,600 Sqft
Avg. home size
79 Days
Avg. days on market
Movoto makes it easy to track market trends in Elwood, IL. Whether you’re entering the market or planning your next move, understanding these key metrics can guide smart decisions. Looking for more detailed housing market stats in Elwood, IL?

Elwood Houses for Sale

Welcome to Elwood, a charming gem nestled in Vermilion County, Illinois. Known for its lush landscapes and warm community spirit, Elwood offers a delightful blend of small-town appeal and modern conveniences that make it a prime spot for prospective homeowners. Currently, Movoto features 25 homes for sale in this inviting town, with a median listing price of $437,450. Whether you're seeking the tranquility of rural living or the convenience of city amenities, Elwood proves to be a versatile choice for various lifestyles.
In Elwood, you'll find a rich tapestry of neighborhoods, each with its own unique character. From quaint historic homes to newer constructions offering contemporary elegance, the local real estate market provides a diverse array of options. With a median price per square foot standing at $151, Elwood caters to both budget-minded buyers and those looking for upscale properties. And with the average home spending about 149 days on the market, you'll have ample opportunity to find the house that feels like home.
Families will appreciate the educational offerings in and around Elwood, with access to quality schools that are dedicated to fostering academic excellence and personal growth. The community strongly values education, making Elwood an excellent environment to raise a family. The town's engagement in supportive programs and extracurricular activities contributes to a well-rounded community education experience.
Employment opportunities abound, with nearby industries and businesses that attract a skilled workforce. The town's location provides easy accessibility to larger cities while maintaining the bliss of suburban peace. Whether you're commuting or telecommuting, Elwood's strategic location allows you to balance work and leisure seamlessly.
Elwood's local culture is enriched with small businesses, charming boutiques, and delightful eateries. Residents enjoy a robust community life, with farmers' markets, festivals, and events that bring people together throughout the year. Outdoor enthusiasts will adore the recreational options, from picturesque parks to trails perfect for biking and hiking, offering a wonderful backdrop for relaxation and adventure alike.
With 25 homes awaiting new owners, the dynamic real estate market in Elwood ensures you'll find the perfect abode to suit your needs. The community warmly welcomes new residents ready to delve into its vibrant lifestyle. Just look at the market activity; with several properties sold in the past 30 days, it's clear that others have already discovered the allure of Elwood.
Discover a town where serenity meets opportunity. Consider making Elwood, IL, your new home, and become part of a thriving community steeped in tradition and poised for the future. Here, every day is a chance to enjoy the simple pleasures of life, surrounded by friendly faces and the comfort of a close-knit community.
Schools
Elwood, IL Schools. Ratings provided by great school See all…

Frequently Asked Questions about Elwood, IL

The Movoto Advantage
Movoto gives you access to the most up-to-the-minute real estate information in Elwood. As a licensed brokerage in Illinois (and across the United States), Movoto has access to the latest real estate data including Elwood Homes for Sale, Elwood Single family for Sale, Elwood Townhomes/Condos for Sale, Elwood Multi family/Duplex for Sale, Elwood Land for Sale, Elwood New Listings for Sale, Elwood New Construction for Sale, Elwood Rentals, Elwood Apartments for Rent, Elwood Single Family for Rent, Elwood Recently Sold Homes, Elwood Waterfront for Sale, Elwood Foreclosures for Sale.

Real Estate & Homes For Sale Nearby Elwood, IL

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