From July to September, 13 homes sold in Elwood for a median price of $181,000. That's 6.6 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Elwood.
Median property tax for homeowners in Elwood was $3,852.01 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
7
$222,300
-
2010
5
$68,400
-69.2%
2011
10
$143,510
109.8%
2012
15
$130,800
-8.9%
2013
21
$149,040
13.9%
2014
13
$170,660
14.5%
2015
7
$137,800
-19.3%
2016
12
$152,775
10.9%
2017
11
$193,800
26.9%
2018
13
$181,000
-6.6%
Median property tax
Median sale price
Effective property tax rate
2010
$2,304.32
$68,400
3.4%
2011
$3,670.10
$143,510
2.6%
2012
$3,400.73
$130,800
2.6%
2013
$3,695.60
$149,040
2.5%
2014
$4,359.08
$170,660
2.6%
2015
$3,715.19
$137,800
2.7%
2016
$4,057.70
$152,775
2.7%
2017
$3,852
$193,800
2%
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