Data as of April 2026. Source: Realtor.com.
The ELMWOOD, IL real estate market (61529) currently shows 10 active listings, with 5 pending sales. Homes are averaging 51 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 51 days on market compared to 39 days last year.
The median listing price has fallen 3.5% year-over-year, from $246,200 to $237,500.
Whether you are buying or selling in ELMWOOD, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 2,730 · Density: 16.3/mi² · Median household income: $86,280
Typical home value: $152,545 · Homeownership: 80.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61529 | Elmwood, IL 61529 | 0.0 mi | 6 | $3,278,478 | $322,225 | $546,413 |
| 61517 | Brimfield, IL 61517 | 5.3 mi | 6 | $2,706,018 | $499,250 | $451,003 |
| 61531 | Farmington, IL 61531 | 8.5 mi | 7 | $1,703,786 | $113,000 | $243,398 |
| 61451 | Laura, IL 61451 | 11.1 mi | 1 | $425,999 | $425,999 | $425,999 |
| 61489 | Williamsfield, IL 61489 | 11.6 mi | 1 | $245,500 | $245,500 | $245,500 |
| 61428 | Dahinda, IL 61428 | 13.8 mi | 6 | $4,370,388 | $659,975 | $728,398 |
| 61525 | Dunlap, IL 61525 | 14.7 mi | 21 | $9,397,836 | $419,900 | $447,516 |
| 61547 | Mapleton, IL 61547 | 15.8 mi | 6 | $1,948,428 | $288,175 | $324,738 |
| 61615 | Peoria, IL 61615 | 16.0 mi | 60 | $17,586,780 | $257,175 | $293,113 |
| 61520 | Canton, IL 61520 | 17.1 mi | 73 | $8,720,580 | $96,800 | $119,460 |
| 61605 | Peoria, IL 61605 | 17.5 mi | 38 | $1,708,556 | $39,900 | $44,962 |
| 61606 | Peoria, IL 61606 | 17.9 mi | 20 | $2,924,360 | $139,900 | $146,218 |
| 61602 | Peoria, IL 61602 | 18.8 mi | 24 | $5,194,944 | $214,975 | $216,456 |
As of April 2026, there are 10 active listings in ELMWOOD, IL (zip code 61529), compared to 7 the prior year.
The median listing price in ELMWOOD, IL 61529 is $237,500 as of April 2026, a 3.5% decrease from $246,200 the prior year.
Homes in ELMWOOD, IL 61529 spend an average of 51 days on the market before going under contract, compared to 39 days the prior year.
Based on current inventory and days-on-market data as of April 2026, ELMWOOD, IL 61529 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 39 days last year.
With SELL123.com's maximum 3% commission, sellers in ELMWOOD, IL 61529 save an estimated $4,750 compared to a typical 5% commission on the median listing price of $237,500. 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.