Elwood, IN Homes for Sale

• 

  

  

  /23

  $153,900

  • 2 Beds
  • 1 Bath
  • 1,092 Sq Ft

  1623 S K St, Elwood, IN 46036

  This home offers 1,092 square feet of living area situated on a spacious .17 square foot lot. The home is a one-story structure that includes one full bathroom and two bedrooms, recently painted throughout, with newer flooring, enhanching its appeal and comfort. Home has a whole house fan to keep the home comfortable in the summer months. The enclosed front porch/sunroom provides an ideal setting

  

  Diana Dunham

  Keller Williams Indy Metro NE

  (765) 436-6148

  1623 S K St, Elwood, IN 46036
• Explore Elwood

• 

  

  

  /44

  $99,900

  • 3 Beds
  • 1.5 Baths
  • 938 Sq Ft

  909 Independence Dr E, Elwood, IN 46036

  Welcome home to this inviting 1971 manufactured home with 938 square feet-move-in ready and ready for your next chapter. Step inside and you'll immediately love the spacious sunroom/enclosed front porch, a cozy spot to sip your morning coffee, read a book, or host friends and family. In the kitchen, a handy peninsula creates an easy gathering spot for meal prep, quick breakfasts, or chatting

  

  Diana Dunham

  Keller Williams Indy Metro NE

  (765) 590-5828

  909 Independence Dr E, Elwood, IN 46036
• 

  

  

  /30

  $469,900

  $20K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,974 Sq Ft

  1470 College Pkwy, Elwood, IN 46036

  Waterfront Estate in Willow Run - Rare Double Lot & 4-Car Garage. Discover the pinnacle of spacious living in this stunning 2,974 sq. ft. residence, perfectly positioned on a rare double lot with serene, views of the community pond. Located in the highly sought-after Willow Run / Willow Walk subdivision, this property offers a combination of scale and utility that is nearly impossible to find

  

  Jon Ash

  Arc Realty

  (765) 560-7685

  1470 College Pkwy, Elwood, IN 46036
• 

  

  

  /4

  $18,490

  $6K PRICE DROP

  • Land
  • 5,662 Sq Ft
  • $142,231 per Acre

  1801 S Q St, Elwood, IN 46036

  3 Lots starting at the corner of 18th and S Q St. Investment opportunity awaits.

  

  Jon Ash

  Arc Realty

  (765) 878-6240

  1801 S Q St, Elwood, IN 46036
• 

  

  

  /26

  $290,000

  • 3 Beds
  • 2 Baths
  • 1,536 Sq Ft

  9940 W Sunset Ln, Elwood, IN 46036

  Beautifully maintained and move-in ready home offering the perfect blend of country living with convenient access to Noblesville, Anderson, and Marion. Situated on a large lot and set back from the road, this property provides added privacy and plenty of space to enjoy the outdoors. The home has been extensively updated, providing peace of mind for years to come. Recent improvements in 2025 and

  

  Kelly Church

  Epique Inc

  (765) 534-7320

  9940 W Sunset Ln, Elwood, IN 46036
• 

  

  /25

  $149,900

  • 2 Beds
  • 1.5 Baths
  • 1,042 Sq Ft

  2428 Main St, Elwood, IN 46036

  Discover the inviting charm of 2428 Main ST, ELWOOD, IN, a delightful single-family residence built in 1900. With 1042 square feet of thoughtfully designed living space, this home is ready for you to move in and begin your next chapter. Featuring an updated 200 amp electrical service panel. The single-story traditional style with basement home offers two comfortable bedrooms, providing ample

  

  Jon Ash

  Arc Realty

  (765) 625-6135

  2428 Main St, Elwood, IN 46036
• 

  

  /36

  $700,000

  • 3 Beds
  • 2 Baths
  • 2,400 Sq Ft

  6425 N 900 W, Elwood, IN 46036

  Charming single-family residence, built in 2017, offers a comfortable 2400 square feet of living space and is in fantastic shape, almost 4 acres and a 2,400 sq ft pole barn. The kitchen is a culinary playground, featuring a convenient peninsula that's just begging for breakfast bar shenanigans or a casual buffet spread. It also boasts a walk-in shower, perfect for singing your favorite tunes and

  

  Timothy O'Connor

  Berkshire Hathaway Home

  (765) 627-2002

  6425 N 900 W, Elwood, IN 46036
• 

  

  /18

  $149,900

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,132 Sq Ft

  512 N 13th St, Elwood, IN 46036

  Completely remodeled and move-in ready, this stunning 3 BR/1BA home in the heart of Elwood offers the perfect blend of modern updates and small-town charm. Renovated from top to bottom in 2025, nearly every major component is brand new including plumbing, electrical, windows, doors, cabinets, fixtures, paint, flooring, lighting, and roof, giving you peace of mind for years to come. Step inside to

  

  Andy Hardie

  Hardie Group

  (765) 239-5227

  512 N 13th St, Elwood, IN 46036
• 

  

  /37

  $229,000

  • 4 Beds
  • 3 Baths
  • 1,864 Sq Ft

  800 N 16th St, Elwood, IN 46036

  Built in 2022 this FOUR BEDROOM home feels almost brand new! Move in with peace of mind knowing that there is a six year remaining structural warranty from the builder that transfers to the new owner. HVAC, Roof Shingles and Windows are also still under warranty. Really nice open floor plan, with granite countertops in the kitchen and all kitchen appliances included. This home is very unique in

  Angela Line Highgarden Real Estate

  800 N 16th St, Elwood, IN 46036
• 

  

  /29

  $525,000

  $25K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 3,165 Sq Ft

  515 Main St, Elwood, IN 46036

  Step into a living piece of history-an extraordinary Greek Revival home built in 1859. Situated on a rare 0.85-acre corner lot spanning two corners, this 4-bedroom home blends timeless character with thoughtful modern updates. Mature trees, manicured landscaping, wrought iron fencing, and a wraparound driveway create a private, secret-garden setting. Inside, you'll find original hardwoods, door

  Jessica Noble Carpenter, REALTORS®

  515 Main St, Elwood, IN 46036
• 

  

  /25

  $120,000

  • 3 Beds
  • 2 Baths
  • 1,460 Sq Ft

  1316 S E St, Elwood, IN 46036

  Spacious 3-bedroom, 2 full bath home featuring a large eat-in kitchen, separate dining room and an additional den/ office space. Washer and dryer included and located in the basement. Some areas include original hardwood floors. Enjoy convenient parking with a large parking pad out the back door in addition to a 1-car garage. Situated on a large corner lot, this home offers plenty of outdoor

  Shannon Alva Carpenter, REALTORS®

  1316 S E St, Elwood, IN 46036
• 

  

  /25

  $209,900

  • 3 Beds
  • 2 Baths
  • 1,045 Sq Ft

  2415 Main St, Elwood, IN 46036

  Fully updated & move-in ready! This gorgeous 3-bedroom, 2-bath home offers modern comfort with thoughtful upgrades throughout. Featuring soaring nearly 10-ft ceilings, the home feels bright, open, and inviting from the moment you walk in. Enjoy peace of mind with major improvements already completed in 2024, including a new foundation, roof, electrical system, plumbing, HVAC system, and water

  Angela Richardson F.C. Tucker Company

  2415 Main St, Elwood, IN 46036
• 

  

  /36

  $249,900

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,996 Sq Ft

  1926 Main St, Elwood, IN 46036

  This beautifully renovated home blends modern updates with everyday convenience in a location that’s hard to beat. Completely gutted and remodeled from top to bottom, it offers 4 bedrooms, including one on the main level, and 2 updated bathrooms, with a full bath on each floor of the home. Step onto the open front porch with a wooden deck, perfect for morning coffee or evening relaxation. Inside,

  Kalie Courtney NextHome Elite Real Estate

  1926 Main St, Elwood, IN 46036
• 

  

  /23

  $77,000

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,322 Sq Ft

  2522 N B St, Elwood, IN 46036

  Investor special with serious upside potential! This spacious 3-bedroom, 1-bath home offers a great opportunity for investors, flippers, or buyers looking to add value. The layout provides plenty of space and the potential to convert the property into a 3-bedroom, 2-bath home. Features include generous room sizes, a functional floor plan, and endless possibilities to renovate and customize.

  Rachel Lindsey Peter Khosla, Inc

  2522 N B St, Elwood, IN 46036
• 

  

  /19

  $122,900

  $7K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 940 Sq Ft

  2013 S J St, Elwood, IN 46036

  This 2-bedroom, 1 bath home offers just under 1,000 square feet in a quiet setting, set back off the road for added privacy. This home has been cared for, size is manageable, and the layout has a cozy feel! Recent updates include bamboo hardwood flooring, new electrical, a metal roof, and new windows, helping cut down on future maintenance. Inside, it's a simple setup that works well for everyday

  Brayton Scott Greenside Realty Group

  2013 S J St, Elwood, IN 46036
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  /33

  $399,000

  $39K PRICE DROP

  • 5 Beds
  • 4 Baths

  1702 S E St, Elwood, IN 46036

  Beautifully Remodeled 4-Plex-Prime Investment Opportunity! All units are rented! Don't miss this exceptional fully remodeled 4-plex, offering the perfect blend of modern finishes, comfort, and investment potential. This multi-family property features four spacious units, with two upstairs and two downstairs, all thoughtfully updated from top to bottom. Each unit has been completely renovated,

  Ray Watson Bill Brogdon Realty

  1702 S E St, Elwood, IN 46036
• 

  

  /3

  $15,000

  • Land
  • 5,662 Sq Ft
  • $115,385 per Acre

  0 N 8th St Unit MBR22083582, Elwood, IN 46036

  Build opportunity in Elwood! This flat 0.13-acre residential-zoned lot is currently being farmed and will require a flag survey to clearly mark boundaries. The parcel has been verified as buildable by the county, making it a great option for new construction. Previously improved with a home removed around 2014, utilities were historically present at the site. Buyer to verify current availability,

  Angela Remter Keller Williams Indy Metro NE

  0 N 8th St Unit MBR22083582, Elwood, IN 46036
• 

  

  /24

  $105,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,094 Sq Ft

  2412 S B St, Elwood, IN 46036

  This charming 3-bedroom, 1-bath home offers peace of mind with all the big-ticket items already taken care of—HVAC, roof, electric, and siding were all updated in 2021. Step inside to a bright and welcoming layout, perfect for both everyday living and entertaining. The spacious bedrooms provide plenty of comfort and flexibility, while the updated systems ensure efficiency and low maintenance for

  Nicholas Hindes Peter Khosla, Inc

  2412 S B St, Elwood, IN 46036
• 

  

  /32

  $155,000

  $30K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,176 Sq Ft

  412 Main St, Elwood, IN 46036

  Welcome home to 412 W Main St in Elwood, where small-town charm meets everyday convenience. Located in the heart of the community, this inviting property offers easy access to local shops, restaurants, parks, and schools, making daily life simple and connected. Inside, you'll find a comfortable layout designed for practical living, with spaces that feel welcoming and full of natural light.

  Logan McNitt Trueblood Real Estate

  412 Main St, Elwood, IN 46036
• 

  /2

  $20,000

  • Land
  • 10,890 Sq Ft
  • $80,000 per Acre

  1305 N 8th St, Elwood, IN 46036

  Great location to build your next home. Quiet area close to town and schools. The lot has municipal water, sewer and gas available at the lot. Minimum size home that can be built is 1500 square feet for a one story home and 2200 square feet for a 2-story home. Home to be built by Custom Design Homes, Inc. Other lots are available to choose from.

  Randy Gerber Premier Properties of IN, Inc.

  1305 N 8th St, Elwood, IN 46036
• 

  

  /16

  $190,000

  $10K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 1,596 Sq Ft

  618 S 17th St, Elwood, IN 46036

  This charming 4 bedroom property in Elwood is full of classic character and modern updates. The heart of the home boasts a beautiful living room and dinning room with natural hardwood floors, leading to a kitchen recently refreshed with custom cabinetry. The thoughtful floor plan features 2 bedrooms on the ground floor with 2 additional bedrooms upstairs. Relax on the covered front porch or enjoy

  Krista Gibson RE/MAX First Integrity

  618 S 17th St, Elwood, IN 46036
• 

  

  /19

  $169,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,938 Sq Ft

  1403 Madison Rd, Elwood, IN 46036

  An inviting single family residence awaits discovery at 1403 Madison RD in ELWOOD, IN, USA, offering a thoughtfully designed space for everyday moments. Within its generous 1938 square feet of living area, the residence provides expansive interiors, creating ample room for diverse activities and personal expression. Three distinct bedrooms offer private retreats, each presenting tranquil

  Terry Sheets Jeff Boone Realty, LLC

  1403 Madison Rd, Elwood, IN 46036
• 

  

  /13

  $94,900

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,814 Sq Ft

  928 S A St, Elwood, IN 46036

  Excellent investment opportunity on this bungalow in Elwood! Last rent was $985/month. Property needs some work but near parks and close to Speedway or Downtown. This 2 bedroom home features enclosed front and back porches, 2 spacious bedrooms on the main level, large eat-in kitchen with a breakfast bar, ceiling fans, separate laundry room, a huge upstairs loft area that could be used as a 3rd

  Sam Barron Barron Property Services

  928 S A St, Elwood, IN 46036
• 

  

  /41

  $218,999

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,428 Sq Ft

  1300 S B St, Elwood, IN 46036

  Welcome to 1300 S B ST, ELWOOD, IN, this single-family residence offers a unique opportunity to create a comfortable haven! Completely remodeled in 2023 this lovely home offers three bedrooms and two full bathrooms thoughtfully arranged within 1104 square feet of living area, this home presents a space to personalize. Envision mornings beginning in one of the full bathrooms, designed for both

  Jeanne Hutcherson CENTURY 21 Scheetz

  1300 S B St, Elwood, IN 46036
• 

  

  /30

  $169,900

  $30K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 3,482 Sq Ft

  1909 S J St, Elwood, IN 46036

  This 4 bedroom 2 full bathroom home offers an open and airy feel with floor to ceiling windows. It's been updated from it's original glory but still contains some of the original features that leave a charming reminder of years past. The outdoor covered patio and HUGE shed, that is big enough for a car, offer space and storage options for a well-lived life! Come and tour this home and see how it

  Kelly Johnson eXp Realty, LLC

  1909 S J St, Elwood, IN 46036
• 

  /2

  $150,000

  • Land
  • 7.01 Acres
  • $21,398 per Acre

  0 Indiana 13, Elwood, IN 46036

  This 7 acre property in Elwood is mostly wooded with a creek on the property.

  Tracy Ward Carpenter, REALTORS®

  0 Indiana 13, Elwood, IN 46036
• 

  /2

  $15,000

  • Land
  • 6,098 Sq Ft
  • $107,143 per Acre

  0 N J St, Elwood, IN 46036

  VACANT LOT WITH ALLEY ACCESS - FLOOD PLAIN - DEVELOPMENT OPPORTUNITY Vacant 40' x 147' lot with rear alley access, offering potential for new construction with proper planning. Property is located within the 100-year flood plain and is best suited for buyers experienced with flood zone development, elevation requirements, or alternative land use. Ideal for elevated construction such as raised

  Angela Remter Keller Williams Indy Metro NE

  0 N J St, Elwood, IN 46036
• 

  

  /37

  $159,900

  • 3 Beds
  • 2 Baths
  • 1,796 Sq Ft

  2311 Main St, Elwood, IN 46036

  Recently renovated 3-bedroom, 2-bath home in Elwood offering a bright interior, practical layout, and major updates already completed. Updates include a new roof, siding, LVP floors, and stainless steel kitchen appliances included with the home, and refreshed interior finishes throughout. The main level features an eat-in kitchen, two bedrooms, a full bathroom, and a spacious laundry and utility

  Jonah Hartsburg Hoosier Hub Realty LLC

  2311 Main St, Elwood, IN 46036
• 

  /2

  $20,000

  • Land
  • 6,534 Sq Ft
  • $133,333 per Acre

  2800 S K St, Elwood, IN 46036

  Level lot ready to build on right in the heart of Elwood! This is a quiet dead end street in an established neighborhood! What a great way to achieve an affordable brand new home!!

  Jessica McGuire Weichert Realtors EPG

  2800 S K St, Elwood, IN 46036
• 

  

  /20

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,072 Sq Ft

  1518 S G St, Elwood, IN 46036

  Completely renovated and move-in ready for under $150,000! This affordable Elwood home offers peace of mind with extensive updates throughout, including a new roof, siding, gutters, plumbing, electrical system, HVAC, water heater, flooring, fresh paint, cabinets, and countertops. The modern interior features a bright, updated living space and a stylish kitchen ready for everyday living and

  Jeffrey Cummings RE/MAX Complete

  1518 S G St, Elwood, IN 46036
• 

  

  /40

  $239,000

  • 4 Beds
  • 2 Baths
  • 1,923 Sq Ft

  113 S 12th St, Elwood, IN 46036

  Clean and Unique 4 bedroom, 2 full bathroom home located close to downtown Elwood. This two-story home features a newer roof, and windows! Along with a full basement, one-car attached garage, and nice-sized backyard. Possession at closing.

  Jeff Bridenthal Moving Real Estate

  113 S 12th St, Elwood, IN 46036
• 

  

  /8

  $700,000

  • Land
  • 35.03 Acres
  • $19,983 per Acre

  0 900 W, Elwood, IN 46036

  Rare find....35 acres! 32 acres of tillable land with an additional 2.85 acres of woodland.

  Landon Whetsel CENTURY 21 Scheetz

  0 900 W, Elwood, IN 46036
• 

  

  /26

  $145,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  413 N 12th St, Elwood, IN 46036

  Discover the charm of 413 N 12th ST, ELWOOD, IN, a delightful 912 sq ft single-family residence built in 1900. This inviting home, ready for you to move in, offers a unique blend of historical character and comfortable living. This charming bungalow offers two comfortable bedrooms and a well-appointed full bathroom, ensuring ample space for relaxation and daily routines. A dedicated laundry room

  Logan McNitt Trueblood Real Estate

  413 N 12th St, Elwood, IN 46036
• 

  

  /17

  $49,000

  • 4 Beds
  • 1.5 Baths
  • 1,870 Sq Ft

  2217 S F St, Elwood, IN 46036

  **FIXER UPPER OPPORTUNITY** Great opportunity for investors and fixer uppers in Elwood. Nice house with four bedrooms and 1 bathroom on main floor and half bathroom on the upper floor, needs full rehab.

  Juan Cassella F.C. Tucker Company

  2217 S F St, Elwood, IN 46036
• 

  

  /17

  $189,700

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,248 Sq Ft

  2428 S J St, Elwood, IN 46036

  Completely remodeled and truly move-in ready. This beautiful home has been renovated from top to bottom with quality craftmanship and attention to detail throughout. Major improvements include new OSB sheathing on all exterior walls and roof, brand new roofing, new siding, new windows, new fencing, updated plumbing and electrical systems, and a new furnace and Central Air system. Inside, you'll

  Ray Watson Bill Brogdon Realty

  2428 S J St, Elwood, IN 46036
• 

  

  /18

  $169,900

  • 3 Beds
  • 2 Baths
  • 1,288 Sq Ft

  707 N Anderson St, Elwood, IN 46036

  Recently remodeled 3 bedroom 2 full bath ranch style home with deck, porch and oversized 2 car garage! All new kitchen will appeal to the cook in the family! Primary suite has 2 closets, a shower/jacuzzi tub in the primary bath. Laundry adjoins primary bath for ease of use. 2nd bedroom has a walk-out to the large deck while 3rd bedroom has a quiet area away from others with giant closet! Living

  Christopher Oaks Highgarden Real Estate

  707 N Anderson St, Elwood, IN 46036
• 

  /2

  $9,500

  • Land
  • 5,227 Sq Ft
  • $79,167 per Acre

  xxx N D St, Pipe Creek Township, IN 46036

  PROPERTY IS BEING SOLD 'AS IS, WHERE IS, HOW IS'. All offers require 7 days to respond. All quoted sizes and general information are according to Madison County property card. Property Taxes are To Be Determined. Information deemed reliable but not guaranteed. It is up to the buyer to verify. This Property was obtained through a Tax Sale. LOT on NORTH D STREET IN ELWOOD, MADISON COUNTY, INDIANA

  Richard Tarvin SOUTHERN CROSS

  xxx N D St, Pipe Creek Township, IN 46036
• 

  

  /35

  $190,000

  • 3 Beds
  • 3 Baths
  • 1,392 Sq Ft

  805 S 17th St, Elwood, IN 46036

  Discover the perfect balance of small-town serenity and modern luxury in this beautifully transformed Elwood home. Ideally situated in a friendly community known for its local charm and annual festivals, this property offers an easy commute to major hubs, located just 20 minutes from Anderson and a straight, scenic drive to the premier shopping, dining, and entertainment in Noblesville. This

  Robyn Breece @properties

  805 S 17th St, Elwood, IN 46036
• 

  /2

  $264,900

  • 3 Beds
  • 2 Baths
  • 1,380 Sq Ft

  1217 N 10th St, Elwood, IN 46036

  Adorable new construction home in a convenient location in Elwood! With 3 bedrooms, modern quartz countertops, and 1,380 sq. ft., this gorgeous gem is the perfect place to make your new home. Cozy, modern, and full of charm — you won’t want to miss this one! Setup a showing today! Note: Cover photo is an example rendering only. Upon completion photo will be updated.

  Nicholas Hindes Peter Khosla, Inc

  1217 N 10th St, Elwood, IN 46036
• 

  /2

  $20,000

  • Land
  • 10,890 Sq Ft
  • $80,000 per Acre

  1313 N 8th St, Elwood, IN 46036

  Great location to build your next home. Quiet area close to town and schools. Lot has municipal water, sewer and gas available at the lot. Minimum size home to be 1500 square feet for a one story and 2200 square feet for a 2-story. Home to be constructed by Custom Design Homes, Inc. Other lots are available to choose from.

  Randy Gerber Premier Properties of IN, Inc.

  1313 N 8th St, Elwood, IN 46036

Showing Results 1 - 40, Page 1 of 2

Why Live in Elwood

Elwood, Indiana, known as the "Heart of Hoosierland," is a small city offering a family-friendly atmosphere within a 30-minute drive of Fishers and Noblesville. With a population of around 8,500, many residents commute for work, although local employment opportunities exist with companies like Elsa Automotive and Red Gold. The city has a mix of century-old homes, including gablefront and Craftsman-inspired styles, alongside newer traditional builds in subdivisions. Elwood Community Schools serve the area, with Elwood Elementary School receiving a high rating. The city features several parks, such as Callaway Park, and is home to the Elwood Golf Course. A new aquatic center is also in development. Downtown Elwood hosts locally owned restaurants like The Tin Plate and the Opera House Eatery, offering a nod to the city's industrial past. Annual events like the Elwood Glass Festival and the Red Gold Chili Cook-off highlight the community's heritage and spirit. While there is no public transportation, major routes like 28 and 13 facilitate travel, and Ascension St. Vincent Mercy Hospital provides local healthcare. The presence of Norfolk Southern trains adds a unique aspect to the city, with tracks running through the center of C Street.

Learn more about living in Elwood

Frequently Asked Questions

What is the average home price in Elwood, IN?

Homes for sale in Elwood, IN have an average home price of $186,487.

How many homes have sold over the last 12 months in Elwood, IN?

179 homes have sold in Elwood, IN over the last 12 months.

What are the most popular zip codes in Elwood, IN?

The most popular zip codes in Elwood, IN include 46036, 46031, 46044, 46011 and 46072.

How much do you need to make to afford a house in Elwood?

The median home price in Elwood is $177,000. If you put a 20% down payment of $35,400 and had a 30-year fixed mortgage with an interest rate of 6.52%, your estimated principal and interest payment would be $900 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $39K a year to afford the median home price in Elwood. Learn how much home you can afford with our Home Affordability Calculator.

How are the schools in Elwood, IN?

Elwood, IN has highly rated public and private schools. Some of the best schools in Elwood based on Niche Grades are Elwood Elementary School, Tipton High School and Frankton Junior/Senior High School. Browse all the schools in Elwood, IN to learn more.

Home Prices in Elwood, IN

The median home sale price in Elwood, IN is $164,900, up 1% year-over-year. Homes in Elwood sell in 49 days on average, compared to the national average of 58 days.

Home Price Trends

Median Sale Price $164,900	Median Single Family Sale Price $165,750
Median Townhouse Sale Price $242,200	Median 2 Bedroom Sale Price $133,000
Median 1 Bedroom Sale Price $119,900	Average Price Per Sq Ft $115
Number of Homes for Sale 42	Last 12 months Home Sales 179
Months of Supply 2.80	Median List Price $177,000
Median Change From 1st List Price 5%	Median Home Sale Price YoY Change 1%