Data as of July 2026. Source: Realtor.com.
The ELMWOOD, IL real estate market (61529) currently shows 4 active listings, with 3 pending sales. Homes are averaging 21 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 21 days on market compared to 28 days last year.
The median listing price has fallen 8.7% year-over-year, from $254,700 to $232,450.
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 July 2026, there are 4 active listings in ELMWOOD, IL (zip code 61529), compared to 6 the prior year.
The median listing price in ELMWOOD, IL 61529 is $232,450 as of July 2026, a 8.7% decrease from $254,700 the prior year.
Homes in ELMWOOD, IL 61529 spend an average of 21 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of July 2026, ELMWOOD, IL 61529 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 21 days on market compared to 28 days last year.
With SELL123.com's maximum 3% commission, sellers in ELMWOOD, IL 61529 save an estimated $4,649 compared to a typical 5% commission on the median listing price of $232,450. 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.