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Housing in Elwood

90 homes sold in Elwood in the last year, at a typical $873K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Elwood homes are listed.

Homes sold
90
October 2025 to September 2026
Typical sale price
$873K
median, weighted by sales
Price per square foot
$420
New York $398
Paid vs. asking
102.7%
52% sold over asking
For sale now
19
September 2026 · 14 sold that month
What sold · last 12 months

Houses are 94% of Elwood’s sales, at a typical $861K (year to May 2026)

90 homes sold in the year to September 2026.

Houses$861K

typical sale · 79 sold in the year to May 2026

Per square foot
$385NY $316
Days to sell
33
Sold over asking
57%
Listings with a price cut
20%
Fewer sales

Condos: 5 sold, typical $764K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

90 sales in the last year, against 143 in 2021 and a low of 82 in 2014. The typical sale went from $449K in 2016 to $873K.

Homes soldTypical sale price
03775112150$475K$650K$825K$1M2012: 84 sold, typical $399K’122013: 105 sold, typical $494K2014: 82 sold, typical $436K’142015: 106 sold, typical $467K2016: 121 sold, typical $449K’162017: 115 sold, typical $520K2018: 119 sold, typical $558K’182019: 137 sold, typical $512K2020: 139 sold, typical $596K’202021: 143 sold, typical $653K2022: 128 sold, typical $688K’222023: 87 sold, typical $722K2024: 98 sold, typical $766K’242025: 88 sold, typical $849KLast 12 months: 90 sold, typical $873KNow

Source: Redfin Data Center, MLS sales; from June 2026 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. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $850K buys in Elwood

Houseat $385 a sq ft, year to May 2026
The same money in New Yorkat $316 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Elwood 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.

What the sales history says · 14 years of sales

Bidding wars in Elwood are more common than before the pandemic, but 60% fewer homes come up for sale

We read every month of Elwood’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 90 sales.

If you’re buying in Elwood

  • Shop in March. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
  • Expect to bid over asking. Buyers paid 102.7% of the list price on average; 52% paid over.
  • You’ll usually have time. Only 16% of homes go under contract within two weeks; the typical one takes 35 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 18 a month), and the most competition: 47% close over asking. March offers nearly as much choice with fewer homes bid up (28%). March has the least competition (28%).

New listings a monthShare sold over asking
0510152020%40%60%Sweet spotJan: 9 new listings a month, 33% sold over asking, 43 days to sellJFeb: 8 new listings a month, 32% sold over asking, 69 days to sellFMar: 14 new listings a month, 28% sold over asking, 54 days to sellMApr: 14 new listings a month, 37% sold over asking, 76 days to sellAMay: 18 new listings a month, 47% sold over asking, 53 days to sellMJun: 15 new listings a month, 45% sold over asking, 40 days to sellJJul: 13 new listings a month, 40% sold over asking, 52 days to sellJAug: 11 new listings a month, 36% sold over asking, 44 days to sellASep: 11 new listings a month, 35% sold over asking, 35 days to sellSOct: 12 new listings a month, 41% sold over asking, 43 days to sellONov: 8 new listings a month, 33% sold over asking, 45 days to sellNDec: 5 new listings a month, 35% sold over asking, 56 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than New York

Elwood now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price52%22%61%39%
Gone within two weeksShare of homes under contract within 14 days16%7%10%25%
Price paid vs. askingAverage sale price ÷ list price102.7%97.4%101.8%100.5%
Days to sellMedian days from listing to contract35543143
Supply

16 homes for sale on a typical day

That’s 1.3 times the 2025 low (12), 60% fewer than in 2017–19 and well under 2012’s 52.

2012: 52 for sale’122013: 52 for sale2014: 51 for sale2015: 52 for sale’152016: 41 for sale2017: 36 for sale2018: 44 for sale’182019: 41 for sale2020: 29 for sale2021: 19 for sale’212022: 15 for sale2023: 13 for sale2024: 13 for sale’242025: 12 for saleLast 12 months: 16 for saleNow
Across New York

Elwood ranks 194th of 363 busy New York markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Elwood is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Elwood

Four things worth knowing

18

New listings in May

The month with the most choice. December has the fewest, about 5.

Best time to buy
42 min

Typical commute

The average one-way trip to work for people who live in Elwood.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Elwood, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Commack271$834K$44162%26
Dix Hills251$1.3M$44348%37
Huntington188$1M$45550%27
East Northport156$740K$43476%23
Greenlawn94$764K$44277%26
Elwood90$873K$42052%35
South Huntington77$735K$41766%32

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Elwood, free

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Questions about buying a home in Elwood

What do homes sell for in Elwood, NY?

90 homes sold in the year to September 2026 at a typical $873K, $420 a square foot.

Is Elwood a buyer’s or seller’s market?

A seller’s market: 19 homes were for sale in September 2026 and 14 sold, about 1.4 months of supply. Buyers paid 102.7% of asking on average.

When is the best time to buy in Elwood?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Elwood?

Zillow, Redfin, Realtor.com and Homes.com all carry Elwood’s MLS listings; the search links above open each one filtered to Elwood.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).