Data as of September 2026. Source: Realtor.com.
The ELMWOOD, IL real estate market (61529) currently shows 5 active listings, with 2 pending sales. Homes are averaging 11 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 11 days on market compared to 46 days last year.
The median listing price has fallen 25.3% year-over-year, from $184,975 to $138,150.
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 September 2026, there are 5 active listings in ELMWOOD, IL (zip code 61529), compared to 8 the prior year.
The median listing price in ELMWOOD, IL 61529 is $138,150 as of September 2026, a 25.3% decrease from $184,975 the prior year.
Homes in ELMWOOD, IL 61529 spend an average of 11 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELMWOOD, IL 61529 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 11 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in ELMWOOD, IL 61529 save an estimated $2,763 compared to a typical 5% commission on the median listing price of $138,150. 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.