The median sale price of a home sold in October 2020 in Elwood rose by $39,550 while total sales remained unchanged with six homes sold, according to BlockShopper.com.
In October 2020, there were six homes sold, with a median sale price of $219,000 - a 22% increase over the $179,450 median sale price for the same period of the previous year. There were six homes sold in Elwood in October 2019, as well.
The median sales tax in Elwood for the most recent year with available data, 2019, was $3,805, approximately 1.7% of the median home sale price for October 2020.
The following table compares Elwood to other Will County cities with similar median sales prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Frankfort Square | 10 | 12 | -16.7% | $234,950 | $210,000 | 11.9% |
| Bolingbrook | 76 | 85 | -10.6% | $234,750 | $232,000 | 1.2% |
| Monee | 10 | 6 | 66.7% | $228,000 | $173,000 | 31.8% |
| Lockport | 61 | 42 | 45.2% | $224,000 | $207,500 | 8% |
| Romeoville | 41 | 41 | 0% | $219,999 | $225,900 | -2.6% |
| Elwood | 6 | 6 | 0% | $219,000 | $179,450 | 22% |
| Aurora | 20 | 18 | 11.1% | $210,500 | $251,950 | -16.5% |
| Joliet | 167 | 166 | 0.6% | $210,000 | $192,000 | 9.4% |
| Beecher | 4 | 7 | -42.9% | $204,500 | $145,000 | 41% |
| Manhattan | 15 | 19 | -21.1% | $202,500 | $275,000 | -26.4% |
| Lakewood Falls | 1 | 1 | 0% | $193,000 | $182,000 | 6% |
Alerts Sign-up