Current Price

$160,092

1 Month Forecast

â–² $184,868

1-Year Forecast *

â–² $200,095

5-Year Forecast *

â–² $249,378

"Is it a good time to buy homes in Elmwood?" "Does investing in real estate in Elmwood (Illinois State, Peoria County) worth it?" According to our live Forecast System, buying a house in Elmwood is a good short-term (1-year) investment*. The Elmwood average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elmwood" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elmwood in Illinois State, Peoria County. If you are looking for homes for sale with good flipping profit, Elmwood can be a profitable property investment option. The median price of an average house in Elmwood was 160,092 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elmwood" area is 249,378 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +55.77% meaning that investing 100000 USD today may yield a profit of 55,772 USD by 2031.

Current Median Listing Price: 160,092 USD Median Listing Price Per Square Foot: 89 USD

Elmwood Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elmwood (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elmwood Price Target

Elmwood median home price target in 12 months: $200,095* (upside of 25.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $177,067 $183,285 $177,067 $183,285
2024 $151,449 $160,092 $151,449 $160,092
2023 $145,504 $150,824 $143,799 $150,824
2022 $141,825 $146,670 $141,825 $147,336
2021 $126,926 $141,171 $126,926 $141,171
2020 $117,607 $125,708 $117,607 $125,708
2019 $113,392 $116,259 $113,392 $116,259
2018 $114,754 $112,987 $112,987 $115,817
2017 $115,836 $114,232 $113,543 $115,952
2016 $117,457 $115,730 $115,541 $117,766
2015 $110,489 $116,732 $110,449 $116,732
2014 $108,825 $110,694 $108,483 $110,694
2013 $105,129 $108,770 $104,239 $108,770
2012 $100,486 $105,898 $100,486 $105,898

Questions & Answers about the Elmwood Housing Market Forecast

How much does an average home cost in Elmwood today?

The value of an average home (the listing price) in Elmwood is $160,092 USD.

What is the average price per square foot in Elmwood?

According to Walletinvestor the median price per square foot in Elmwood is 89 USD.

Will the median listing price of homes in Elmwood grow / rise / go up?

Yes. The Elmwood home prices may rise from 160,092 USD to 200,095 USD in one year.

Is it profitable to invest in Elmwood homes?

Yes. The long-term profit potential is +24.99% in one year.

Will Elmwood house prices fall / drop?

No. See above.

What is the predicted price of a Elmwood home in 2030?

The predicted home sales price of a Elmwood home in 2030 in Elmwood is 229,056 USD.

What is the predicted price of a Elmwood home in 2035?

The predicted home sales price of a Elmwood home in 2035 in Elmwood is 307,134 USD.

Will real estate prices decrease in Elmwood?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elmwood is the 9874. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Peoria, Elmwood decreased, looking at the past 12 months.

According to Walletinvestor's Elmwood real estate market research, home values will increase in the next 12 months.

Median home values decreased by 10.807% to 160,092 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 22.988% in 2021
  • 25.198% in 2022
  • 24.648% in 2023
  • 23.818% in 2024
  • 25.018% in 2025
  • 23.418% in 2026

Based on our Elmwood real estate market research and report the predicted sales prices will increase by 830.428% in the next 10 years.

Over the last 12 months, the value of homes in Elmwood fluctuated: increasing 4 times .

Elmwood (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elmwood Housing Market Forecast with Real Estate Prices for 2025
August 2025 184868 170078 199657
September 2025 185968 170160 201775
October 2025 187408 176538 198278
November 2025 189026 171258 206794
December 2025 190658 172736 208580
Elmwood Housing Market Forecast with Real Estate Prices for 2026
January 2026 192304 176150 208457
February 2026 193964 182326 205602
March 2026 195639 180966 210311
April 2026 197008 183218 210799
May 2026 197921 180702 215140
June 2026 198893 184374 213413
July 2026 200095 183888 216303
August 2026 201449 187952 214946
September 2026 202590 187193 217987
October 2026 203739 191514 215963
November 2026 204910 186877 222942
December 2026 205613 186079 225146
Elmwood Housing Market Forecast with Real Estate Prices for 2027
January 2027 205467 191289 219644
February 2027 205192 194111 216272
March 2027 205030 188423 221638
April 2027 204683 186261 223104
May 2027 203464 193291 213638
June 2027 202253 188702 215804
July 2027 201607 186486 216727
August 2027 202630 187433 217827
September 2027 204379 184350 224408
October 2027 206144 187797 224490
November 2027 207258 194408 220108
December 2027 207612 196609 218615
Elmwood Housing Market Forecast with Real Estate Prices for 2028
January 2028 207964 196734 219194
February 2028 208899 194694 223104
March 2028 210142 191019 229265
April 2028 211163 197226 225099
May 2028 212039 196984 227093
June 2028 213525 196443 230607
July 2028 215369 200508 230229
August 2028 217143 199988 234297
September 2028 218620 202223 235016
October 2028 220362 204275 236448
November 2028 221609 201221 241997
December 2028 222017 201592 242443
Elmwood Housing Market Forecast with Real Estate Prices for 2029
January 2029 221264 202899 239628
February 2029 221290 205579 237002
March 2029 222389 208823 235954
April 2029 224031 207900 240161
May 2029 225965 206984 244946
June 2029 227555 205254 249855
July 2029 229056 216916 241196
August 2029 230297 217400 243194
September 2029 230901 217278 244524
October 2029 231631 218660 244603
November 2029 233631 217510 249751
December 2029 235648 222923 248373
Elmwood Housing Market Forecast with Real Estate Prices for 2030
January 2030 237050 225198 248903
February 2030 238886 219059 258714
March 2030 240949 224323 257574
April 2030 243029 229176 256881
May 2030 245127 232380 257873
June 2030 247243 230183 264303
July 2030 249378 233667 265088
August 2030 251124 227769 274478
September 2030 252287 231347 273227
October 2030 253526 233498 273555
November 2030 255059 237715 272403
December 2030 256784 240607 272962
Elmwood Housing Market Forecast with Real Estate Prices for 2031
January 2031 258239 237838 278639
February 2031 259702 235810 283595
March 2031 261195 238471 283919
April 2031 262091 244007 280176
May 2031 261905 240691 283119
June 2031 261555 247169 275940
July 2031 261349 244884 277814
August 2031 260906 245252 276560
September 2031 259353 245607 273099
October 2031 257809 239505 276114
November 2031 256985 236941 277030
December 2031 258289 238401 278178
Elmwood Housing Market Forecast with Real Estate Prices for 2032
January 2032 260519 242283 278755
February 2032 262768 248841 276695
March 2032 264188 245167 283210
April 2032 264640 245321 283959
May 2032 265088 244411 285765
June 2032 266280 244179 288382
July 2032 267865 245365 290366

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.