Data as of March 2026. Source: Realtor.com.
The ELMWOOD, IL real estate market (61529) currently shows 7 active listings, with 4 pending sales. Homes are averaging 90 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 90 days on market compared to 31 days last year.
The median listing price has fallen 5.4% year-over-year, from $227,000 to $214,750.
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 March 2026, there are 7 active listings in ELMWOOD, IL (zip code 61529), compared to 7 the prior year.
The median listing price in ELMWOOD, IL 61529 is $214,750 as of March 2026, a 5.4% decrease from $227,000 the prior year.
Homes in ELMWOOD, IL 61529 spend an average of 90 days on the market before going under contract, compared to 31 days the prior year.
Based on current inventory and days-on-market data as of March 2026, ELMWOOD, IL 61529 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 90 days on market compared to 31 days last year.
With SELL123.com's maximum 3% commission, sellers in ELMWOOD, IL 61529 save an estimated $4,295 compared to a typical 5% commission on the median listing price of $214,750. 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.