From April to June, 18 homes sold in Elwood for a median price of $182,000. That's 5.6 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Elwood.
Median property tax for homeowners in Elwood was $3,521.04 in 2017 according to tax data from that year. That means homeowners pay 2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Elwood real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
7
$193,167
-
2010
10
$200,326
3.7%
2011
11
$163,285
-18.5%
2012
8
$126,713
-22.4%
2013
18
$78,606
-38%
2014
15
$136,210
73.3%
2015
10
$168,010
23.3%
2016
14
$154,875
-7.8%
2017
11
$172,380
11.3%
2018
18
$182,000
5.6%
Median property tax
Median sale price
Effective property tax rate
2010
$4,776.77
$200,326
2.4%
2011
$3,870.83
$163,285
2.4%
2012
$3,478.78
$126,713
2.7%
2013
$2,456.04
$78,606
3.1%
2014
$3,863.19
$136,210
2.8%
2015
$3,893.47
$168,010
2.3%
2016
$3,250.40
$154,875
2.1%
2017
$3,521.04
$172,380
2%