Explore Similar Condos Within 25 Miles of Elwood, IN

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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.

Home Trends in Elwood, IN

Housing Trends

Median Sale Price
$165,450
Median Single Family Sale Price
$166,000
Median Townhouse Sale Price
$242,200
Average Price Per Sq Ft
$113
Number of Homes for Sale
31
Last 12 months Home Sales
180
Months of Supply
2.10
Median List Price
$179,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
3%
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