The median sale price of a home sold in April 2021 in Elmwood rose by $38,550 while total sales decreased by 50%, according to BlockShopper.com.
In April 2021, there were three homes sold, with a median sale price of $160,000 - a 31.7% increase over the $121,450 median sale price for the same period of the previous year. There were six homes sold in Elmwood in April 2020.
The median sales tax in Elmwood for the most recent year with available data, 2019, was $2,732, approximately 1.7% of the median home sale price for April 2021.
The following table compares Elmwood to other Peoria County cities with similar median sale prices in April 2021:
| City | Apr. 2021 Home Sales | Apr. 2020 Home Sales | % change (Total Home Sales) | Apr. 2021 Median Sales Price | Apr. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hanna City | 2 | 4 | -50% | $171,250 | $72,250 | 137% |
| Lake Camelot | 5 | 3 | 66.7% | $169,900 | $137,000 | 24% |
| Elmwood | 3 | 6 | -50% | $160,000 | $121,450 | 31.7% |
| Chillicothe | 10 | 4 | 150% | $131,950 | $110,700 | 19.2% |
| Rome | 2 | 4 | -50% | $105,450 | $117,600 | -10.3% |
| Bartonville | 16 | 11 | 45.5% | $101,250 | $83,000 | 22% |
| Brimfield | 1 | 0 | - | $90,000 | $0 | - |
| Princeville | 2 | 3 | -33.3% | $78,250 | $173,000 | -54.8% |
| Peoria | 263 | 165 | 59.4% | $77,000 | $122,500 | -37.1% |
| Peoria Heights | 15 | 5 | 200% | $73,000 | $380,000 | -80.8% |
| Bellevue | 8 | 2 | 300% | $72,185 | $69,500 | 3.9% |
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