Why Live in Elwood
Elwood, a neighborhood in Long Island, features homes primarily built during the 1950s to 1970s, including Cape Cods, hi-ranches, and ranch-style houses, with some newer traditional homes. Properties typically sit on quarter to half-acre lots, with prices ranging from $600,000 to $950,000, while larger or updated homes can reach up to $1.6 million. The Seasons at Elwood is a 55-plus community with condos and townhouses starting around $850,000. Elwood Park, a central community hub, offers a spray park, playground, tennis courts, and athletic fields, and hosts events like an annual Easter egg hunt. For outdoor enthusiasts, Berkeley Jackson County Park provides a 2-mile hiking trail. Dining options include Chefs of New York, Changing Times Alehouse, Fat Boy’s Burrito Co., and Nisen Sushi. The southeastern shopping center features a movie theater, T.J. Maxx, Best Buy, gyms, Stop & Shop, and a nearby Trader Joe’s. Elwood is safer than the national average, with a CAP Index crime score of 2 out of 10. The Elwood Union Free School District, highly rated with an A-plus from Niche, includes Harley Avenue Primary School, James H. Boyd Intermediate School, Elwood Middle School, and Elwood John H. Glenn High School. A small part of Elwood falls under the South Huntington Union Free School District, also rated A. Commuters can access Manhattan via nearby East Northport and Greenlawn Long Island Rail Road stations, about 3 miles away, or Huntington Station, 5 miles away.
Frequently Asked Questions
Is Elwood a good place to live?
Elwood is a good place to live, receiving 4.2 stars from its residents. Elwood is considered very car-dependent and somewhat bikeable. Elwood is a suburban neighborhood. Elwood has 6 parks for recreational activities. It is fairly sparse in population with 3.6 people per acre and a median age of 44. The average household income is $172,041 which is above the national average. College graduates make up 47.5% of residents. A majority of residents in Elwood are home owners, with 7% of residents renting and 93% of residents owning their home. A
local real estate agent serving Elwood can help you decide if this neighborhood is the right one for you. Learn more on our
Elwood neighborhood guide.
How much do you need to make to afford a house in Elwood?
The median home price in Elwood is $799,000. If you put a 20% down payment of $159,800 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $4,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $174K a year to afford the median home price in Elwood. The average household income in Elwood is $172K.
What are the best public schools in Elwood?
The best public schools that serve Elwood are:
What are the best private schools in Elwood?
The best private schools that serve Elwood are:
What are the most popular zip codes in Elwood, Long Island, NY?
What are the most popular neighborhoods near Elwood, Long Island, NY?
The most popular neighborhood near Elwood, Long Island, NY is
Deer Park.
Home Trends in Elwood, NY
On average, homes in Elwood, Long Island sell after 45 days on the market compared to the national average of 52 days. The median sale price for homes in Elwood, Long Island over the last 12 months is $780,000, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$780,000
Median Single Family Sale Price
$790,000
Median 2 Bedroom Sale Price
$780,302
Average Price Per Sq Ft
$375
Number of Homes for Sale
12
Last 12 months Home Sales
84
Median List Price
$799,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%