9 homes sold in Elwood Township in the last year, at a typical $151K
Redfin reports Elwood Township’s sales by ZIP code, so these figures are for ZIP 61870, which takes in Elwood Township and the area around it. Almost every sale is a house. Below: a shortcut to every site where Elwood Township homes are listed.
Every place Elwood 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 Elwood 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.
Owning the typical Elwood Township home costs about $1,049 a month
Price: Elwood Township’s typical sale, last 12 months. Property tax at Elwood Township’s 2.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elwood 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 $151K home, about $3,140 a year.
Taxes vs. neighborsSchools
The schools grade for Elwood Township, from test results, graduation and how much students grow.
Schools in Elwood TownshipTypical commute
The average one-way trip to work for people who live in Elwood 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 Elwood Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elwood Township. People who follow the town see it, and so do people comparing Elwood Township with their own town. No commission, no listing fee.
Questions about buying a home in Elwood Township
What do homes sell for in Elwood Township, IL?
9 homes sold in the year to September 2026 at a typical $151K, $98 a square foot.
Is Elwood Township a buyer’s or seller’s market?
A seller’s market: 3 homes were for sale in September 2026 and 1 sold, about 3 months of supply. Buyers paid 98.3% of asking on average.
How much are property taxes in Elwood Township?
About 2.1% of a home’s value a year. On a $151K home that’s near $3,140.
Where can I see homes for sale in Elwood Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Elwood Township’s MLS listings; the search links above open each one filtered to Elwood Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 61870, which takes in Elwood 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).