13 homes sold in Elk Township in the last year, at a typical $97K
Redfin reports Elk Township’s sales by ZIP code, so these figures are for ZIP 62932, which takes in Elk Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Elk Township homes are listed.
Every place Elk Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Elk Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Elk Township’s sales, at a typical $97K
13 homes sold in the year to May 2026.
typical sale · 13 sold in 12 months
- Per square foot
- $76IL $180
- Days to sell
- 140
- Sold over asking
- 15%
More homes sell than most years, at 1.7 times the 2016 price
13 sales in the last year, against 15 in 2022 and a low of 4 in 2018. The typical sale went from $58K in 2016 to $97K.
Source: Redfin Data Center, MLS sales; for ZIP 62932, which takes in Elk Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Elk Township
Check a listing against what Elk Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Owning the typical Elk Township home costs about $594 a month
Price: Elk Township’s typical sale, last 12 months. Property tax at Elk Township’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elk Township is affordable on local pay is on Cost of living.
Five things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $97K home, about $1,050 a year.
Taxes vs. neighborsSchools
The schools grade for Elk Township, from test results, graduation and how much students grow.
Schools in Elk TownshipTypical commute
The average one-way trip to work for people who live in Elk Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Elk Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elk Township. People who follow the town see it, and so do people comparing Elk Township with their own town. No commission, no listing fee.
Questions about buying a home in Elk Township
What do homes sell for in Elk Township, IL?
13 homes sold in the year to May 2026 at a typical $97K, $76 a square foot.
Is Elk Township a buyer’s or seller’s market?
A balanced market: 6 homes were for sale in May 2026 and 1 sold, about 4.6 months of supply. Buyers paid 95.6% of asking on average.
How much are property taxes in Elk Township?
About 1.1% of a home’s value a year. On a $97K home that’s near $1,050.
Where can I see homes for sale in Elk Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Elk Township’s MLS listings; the search links above open each one filtered to Elk Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 62932, which takes in Elk Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).