Why Live in Elmwood
Elmwood, a neighborhood in Abilene, is characterized by its mature oak trees and historic homes dating back to the 1920s through the 1940s. The neighborhood is divided by Elm Creek, with the southeastern half featuring larger homes on half-acre lots, including architectural styles such as Arts and Crafts, Midcentury Modern, American Foursquare, and Colonial and Spanish Revival. These homes range from 5,000 square feet and start at $725,000. The western half has smaller, minimal traditional and ranch-style homes on third-acre lots, priced between $150,000 and $300,000. Elmwood's narrow, winding streets are lined with landscaped gardens, and most homes include paved driveways, carports, or back-alley sheds. The area is known for its strong community attachment to historic residences, with few homes facing demolition despite their age.
Elmwood is conveniently located near small shopping centers and dining options, including Krua Thai and Mezamiz Coffee House, known for its open mic nights. New commercial ventures like Salty Roan Bakehouse add to the neighborhood's features. Residents enjoy proximity to Oscar Rose Park, which hosts summer Movies in the Park and is home to Adventure Cove water park, baseball fields, and the Abilene Community Theater. Elmwood is 3 miles from downtown Abilene, with U.S. 84 and U.S. Route 277 providing easy access. Dyess Air Force Base and Hendrick Health, within a 5-mile radius, are major local employers. Abilene Regional Airport is 7 miles away. The neighborhood is served by the Abilene Independent School District, with Abilene High School offering high-rated education and career programs. McMurry University is 2 miles south.
Home Trends in Elmwood, TX
On average, homes in Elmwood, Abilene sell after 73 days on the market compared to the national average of 51 days. The median sale price for homes in Elmwood, Abilene over the last 12 months is $159,500, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$159,500
Median Single Family Sale Price
$169,900
Average Price Per Sq Ft
$123
Number of Homes for Sale
42
Last 12 months Home Sales
94
Median List Price
$179,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
0%