Data as of September 2026. Source: Realtor.com.
The ELWOOD, IL real estate market (60421) currently shows 11 active listings, with 4 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 77 days on market compared to 30 days last year.
The median listing price has fallen 13.3% year-over-year, from $357,475 to $309,950.
Population: 3,850 · Density: 24.9/mi² · Median household income: $100,956
Typical home value: $226,950 · Homeownership: 89.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60421 | Elwood, IL 60421 | 0.0 mi | 13 | $5,901,116 | $342,500 | $453,932 |
| 60410 | Channahon, IL 60410 | 6.7 mi | 73 | $33,679,718 | $448,675 | $461,366 |
| 60442 | Manhattan, IL 60442 | 6.8 mi | 43 | $18,977,104 | $439,000 | $441,328 |
| 60432 | Joliet, IL 60432 | 9.5 mi | 18 | $4,493,394 | $264,950 | $249,633 |
| 60435 | Joliet, IL 60435 | 9.6 mi | 99 | $29,659,113 | $296,225 | $299,587 |
| 60431 | Joliet, IL 60431 | 10.5 mi | 92 | $32,907,388 | $349,973 | $357,689 |
| 60408 | Braidwood, IL 60408 | 11.8 mi | 15 | $4,024,335 | $292,450 | $268,289 |
| 60441 | Lockport, IL 60441 | 12.9 mi | 78 | $31,931,406 | $358,725 | $409,377 |
| 60586 | Plainfield, IL 60586 | 13.4 mi | 87 | $37,287,591 | $415,500 | $428,593 |
| 60423 | Frankfort, IL 60423 | 13.8 mi | 77 | $54,908,931 | $659,450 | $713,103 |
| 60950 | Manteno, IL 60950 | 15.2 mi | 29 | $10,007,900 | $359,000 | $345,100 |
| 60468 | Peotone, IL 60468 | 15.3 mi | 12 | $3,864,288 | $315,575 | $322,024 |
| 60544 | Plainfield, IL 60544 | 15.7 mi | 126 | $53,787,006 | $385,425 | $426,881 |
As of September 2026, there are 11 active listings in ELWOOD, IL (zip code 60421), compared to 12 the prior year.
The median listing price in ELWOOD, IL 60421 is $309,950 as of September 2026, a 13.3% decrease from $357,475 the prior year.
Homes in ELWOOD, IL 60421 spend an average of 77 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELWOOD, IL 60421 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 77 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in ELWOOD, IL 60421 save an estimated $6,199 compared to a typical 5% commission on the median listing price of $309,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.