Elwood, IN Homes for Sale

• 

  

  

  /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
• Explore Elwood

• 

  

  

  /25

  $269,900

  $15K PRICE DROP

  • 5 Beds
  • 2.5 Baths
  • 2,240 Sq Ft

  2021 S A St, Elwood, IN 46036

  *Back on the market through no fault of the seller* This fully renovated 5-bedroom home in Elwood, located at 2021 S A St, boasts 2,240 square feet completely updated living space and is ready for immediate occupancy. The expansive main floor offers a welcoming living room with a cozy fireplace-perfect for relaxing or entertaining guests. The kitchen features brand-new stainless-steel appliances,

  

  Jon Ash

  Arc Realty

  (765) 487-5078

  2021 S A St, Elwood, IN 46036
• 

  

  

  /30

  $489,900

  • 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
• 

  

  

  /27

  $154,900

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,092 Sq Ft

  1623 S K St, Elwood, IN 46036

  This 1890 residence offers 1,092 square feet of living area situated on a spacious 7,492 square feet lot. The home is a one-story structure that includes one full bathroom and two bedrooms. The enclosed front porch/sunroom provides an ideal setting for relaxing or enjoying your morning coffee. Additional spaces include a laundry/utility room and a nicely sized mudroom, adding to the home's

  

  Diana Dunham

  Keller Williams Indy Metro NE

  (765) 681-4844

  1623 S K St, Elwood, IN 46036
• 

  

  

  /18

  $257,900

  $12K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,684 Sq Ft

  1400 Willow Walk Pkwy, Elwood, IN 46036

  Experience this stunning 1,684 sq. ft. ranch home, perfectly nestled within the highly coveted Willow Walk community. Every inch of this 3-bedroom, 2-bath residence with modern design, offering a seamless flow that caters to both entertaining and quiet relaxation. Step outside to your private oasis-a custom rear patio featuring premium composite decking and sleek vinyl railing, overlooking

  

  Jon Ash

  Arc Realty

  (765) 302-4022

  1400 Willow Walk 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
• 

  

  /18

  $154,900

  $15K 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
• 

  

  /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
• 

  

  /62

  $257,000

  $13K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,168 Sq Ft

  1111 Main St, Elwood, IN 46036

  From the beautiful finishes to the spacious layout, what's not to love? This one was taken all the way down to the studs and completely transformed. As you step inside, you're welcomed by waterproof vinyl floors that flows throughout the main level, leading you into a bright and airy living space that offers just the right amount of open-concept living. The kitchen features brand new cabinets,

  Michael Frucci AMR Real Estate LLC

  1111 Main St, Elwood, IN 46036
• 

  

  /33

  $224,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,064 Sq Ft

  1305 S Anderson St, Elwood, IN 46036

  This 3-bedroom, 2 full bath home offers 2,064 square feet with the major updates already done. The home is beautifully updated, including the plumbing, electrical, HVAC, windows, tankless water heater, and siding, giving peace of mind on the big items. The layout is simple and functional, with a main floor primary bedroom and comfortable living space. The kitchen features stainless steel

  Brayton Scott Greenside Realty Group

  1305 S Anderson St, Elwood, IN 46036
• 

  

  /32

  $349,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,667 Sq Ft

  9182 Mulligan Ct, Elwood, IN 46036

  This newly constructed Citation home is move-in ready. The Oakley floor plan boasts 3 bedrooms, 2 full bathrooms, and 1,667 sq. ft. of living space. The stunning kitchen features quartz countertops, a stylish tile backsplash, stainless steel appliances, an island with seating, and a walk-in pantry. The open concept layout flows into the great room with tray ceilings. The split-bedroom design

  Sami Holmgren RE/MAX Anew Realty

  9182 Mulligan Ct, Elwood, IN 46036
• 

  

  /32

  $165,000

  $20K 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
• 

  

  /16

  $199,900

  • 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
• 

  

  /16

  $180,000

  • 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
• 

  

  /30

  $199,900

  • 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
• 

  

  /38

  $249,500

  $26K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,404 Sq Ft

  6095 W 1900 N, Elwood, IN 46036

  Back on the market at no fault to the seller. Serenity in the country with the convenience of Noblesville, Kokomo, Marion, Muncie and Anderson nearby. Featured updates include flooring, HVAC, dishwasher, plumbing, interior paint, added half bathroom and large second living room with backyard access that could easily convert to a third bedroom or office. Plenty of workshop or storage opportunities

  James Hamilton CENTURY 21 Scheetz

  6095 W 1900 N, Elwood, 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
• 

  

  /14

  $169,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 936 Sq Ft

  1616 S I St, Elwood, IN 46036

  Fully Renovated | Move-In Ready | 2 Bed, 1 Bath | $174,900 Beautifully updated 2-bedroom, 1-bath home offering modern finishes and turnkey convenience. Recent renovations include fresh interior and exterior paint, new luxury vinyl plank (LVP) flooring throughout, updated light fixtures, and a new AC system. The remodeled kitchen features brand new cabinetry, quartz countertops, and stainless

  Larry Maxey Larry Maxey

  1616 S I St, Elwood, IN 46036
• 

  

  /17

  $164,900

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,348 Sq Ft

  1609 S G St, Elwood, IN 46036

  Back on market! Move-In Ready & Fully Remodeled! This beautifully updated home is packed with upgrades-new flooring, windows, roof, A/C unit, water heater, and stainless appliances. Enjoy peace of mind and modern comfort from day one. The low-maintenance yard is perfect for relaxing or entertaining, with minimal upkeep required. Stylish, efficient, and completely turnkey-this home is ready for

  Kacie Taylor The DJ Taylor Realty Group, PC

  1609 S G St, Elwood, IN 46036
• 

  

  /42

  $164,900

  $5K PRICE DROP

  • 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 and practical layout. Updates include a new roof and stainless steel kitchen appliances that are included with the home. The main level features an eat-in kitchen along with a spacious laundry and utility room for added functionality. Both bathrooms are generously sized and filled with natural light. Upstairs includes

  Jonah Hartsburg Hoosier Hub Realty, LLC

  2311 Main 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
• 

  

  /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
• 

  

  /9

  $135,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 792 Sq Ft

  1302 S E St, Elwood, IN 46036

  Two bedroom 1 bath with eat in kitchen. The property is currently rented for $900.00 monthly. Tenants Rights. Minimum of 24 hours notice required for showings.

  Dave Allen Keller Williams Indpls Metro N

  1302 S E St, 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
• 

  /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
• 

  

  /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
• 

  /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
• 

  /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
• 

  

  /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
• 

  

  /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
• 

  /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
• 

  /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
• 

  /2

  $20,000

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

  1301 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 constructed by Custom Design Homes, Inc. Other lots are available to choose from.

  Randy Gerber Premier Properties of IN, Inc.

  1301 N 8th St, Elwood, IN 46036
• 

  

  /24

  $120,000

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,184 Sq Ft

  718 Main St, Elwood, IN 46036

  Renovated 3 bedroom home presents an opportunity to embrace comfortable living. Ready to move in, this single-family residence awaits your personal touch. The living room offers a gas log fireplace adjacent to a formal living room. The kitchen is designed for both functionality and style, featuring new appliances. The property offers an enclosed porch off the back and a covered front porch. The

  Justin Puckett Keller Williams Indy Metro NE

  718 Main St, Elwood, IN 46036
• 

  

  /13

  $329,900

  New Construction $20K PRICE INCREASE

  • 3 Beds
  • 2 Baths
  • 1,560 Sq Ft

  1309 N 8th St, Elwood, IN 46036

  BRAND NEW!! EXCITING!! Ranch style home offering a 3 Bedrooms, 2 Full Bath with 2x6 exterior walls with increased insulation, 8/12 pitch roof, 9 foot ceilings, plus a two car attached finished garage with opener. Open floor plan with large great room with high end finishes featuring a stunning kitchen with 42" soft close cabinets, dovetail drawers, center island, Quartz countertops, all stainless

  Randy Gerber Premier Properties of IN, Inc.

  1309 N 8th St, Elwood, IN 46036
• 

  /2

  $15,000

  • Land
  • 9,147 Sq Ft
  • $71,429 per Acre

  0 N E St, Elwood, IN 46036

  Versatile 0.21-acre residential lot available in an established Elwood neighborhood! Featuring 65.4' of frontage and 140' of depth, this level parcel offers a paved-access site with electricity available at the street. Please note: Due to city infrastructure limitations, there is currently insufficient water pressure for residential home construction. This makes the lot a perfect opportunity for

  Angela Remter Keller Williams Indy Metro NE

  0 N E St, Elwood, IN 46036
• 

  

  /19

  $143,900

  $1K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,128 Sq Ft

  806 S 17th St, Elwood, IN 46036

  Charming 2 Bedroom Home with an oversized 4 Car Garage/Workshop in Siglers Addition. Living Room features hardwood flooring, bayed windows that provide a ton of natural light, and a cozy fireplace. The updated kitchen with plenty of newer white cabinets, a double-sided sink, and includes a refrigerator and stove/oven. A Formal Dining Room with hardwood floors. Spacious Primary and 2nd Bedroom

  Justin Puckett Keller Williams Indy Metro NE

  806 S 17th 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 $182,581.

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

181 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, 46044, 46072, 46001 and 46011.

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

The median home price in Elwood is $179,900. If you put a 20% down payment of $36,000 and had a 30-year fixed mortgage with an interest rate of 6.37%, 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 Trends in Elwood, IN

On average, homes in Elwood, IN sell after 45 days on the market compared to the national average of 58 days. The median sale price for homes in Elwood, IN over the last 12 months is $160,000, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$160,000

Median Single Family Sale Price

$164,900

Median Townhouse Sale Price

$242,200

Average Price Per Sq Ft

$114

Number of Homes for Sale

30

Last 12 months Home Sales

181

Months of Supply

2.00

Median List Price

$179,900

Median Change From 1st List Price

5%

Median Home Sale Price YoY Change

0%