Current Price

$132,276

1 Month Forecast

â–² $144,431

1-Year Forecast *

â–² $152,717

5-Year Forecast *

â–² $170,136

"Is it a good time to buy homes in Elwood?" "Does investing in real estate in Elwood (Indiana State, Madison County) worth it?" According to our live Forecast System, buying a house in Elwood is a good short-term (1-year) investment*. The Elwood average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elwood" 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 Elwood in Indiana State, Madison County. If you are looking for homes for sale with good flipping profit, Elwood can be a profitable property investment option. The median price of an average house in Elwood was 132,276 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elwood" area is 170,136 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +28.62% meaning that investing 100000 USD today may yield a profit of 28,622 USD by 2031.

Current Median Listing Price: 132,276 USD Median Listing Price Per Square Foot: 73 USD

Elwood 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.

Elwood (Indiana 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.

Elwood Price Target

Elwood median home price target in 12 months: $152,717* (upside of 15.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $145,229 $143,047 $143,047 $145,617
2024 $122,494 $132,276 $122,494 $132,282
2023 $116,353 $122,447 $115,772 $123,428
2022 $108,086 $117,519 $108,086 $120,509
2021 $93,342 $106,020 $93,342 $106,020
2020 $77,815 $91,592 $77,815 $91,592
2019 $67,597 $76,365 $67,597 $76,365
2018 $60,525 $66,354 $60,525 $66,354
2017 $53,656 $59,819 $53,620 $59,819
2016 $52,436 $53,962 $52,436 $54,579
2015 $50,352 $52,224 $50,352 $52,410
2014 $44,486 $50,298 $44,486 $50,298
2013 $44,460 $44,295 $42,690 $44,704
2012 $41,290 $44,964 $41,290 $45,229

Questions & Answers about the Elwood Housing Market Forecast

How much does an average home cost in Elwood today?

The value of an average home (the listing price) in Elwood is $132,276 USD.

What is the average price per square foot in Elwood?

According to Walletinvestor the median price per square foot in Elwood is 73 USD.

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

Yes. The Elwood home prices may rise from 132,276 USD to 152,717 USD in one year.

Is it profitable to invest in Elwood homes?

Yes. The long-term profit potential is +15.45% in one year.

Will Elwood house prices fall / drop?

No. See above.

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

The predicted home sales price of a Elwood home in 2030 in Elwood is 168,595 USD.

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

The predicted home sales price of a Elwood home in 2035 in Elwood is 198,755 USD.

Will real estate prices decrease in Elwood?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elwood is the 5179. largest city in the United States, located in Indiana State.

During the last 12 months the real estate prices in Madison, Elwood decreased, looking at the past 12 months.

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

Median home values decreased by 9.162% to 132,276 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 15.144% in 2021
  • 14.804% in 2022
  • 16.544% in 2023
  • 15.834% in 2024
  • 15.204% in 2025
  • 14.754% in 2026

Based on our Elwood real estate market research and report the predicted sales prices will increase by 320.806% in the next 10 years.

Over the last 12 months, the value of homes in Elwood fluctuated: decreasing 4 times.

Elwood (Indiana) 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
Elwood Housing Market Forecast with Real Estate Prices for 2025
August 2025 144431 130999 157863
September 2025 145828 134745 156911
October 2025 147239 138699 155779
November 2025 148269 136407 160130
December 2025 147971 137021 158920
Elwood Housing Market Forecast with Real Estate Prices for 2026
January 2026 146976 136100 157852
February 2026 146464 133869 159060
March 2026 146948 132841 161055
April 2026 148369 137835 158904
May 2026 149805 139768 159842
June 2026 151254 140969 161539
July 2026 152717 138362 167073
August 2026 154195 138775 169614
September 2026 155687 143232 168142
October 2026 157193 147761 166624
November 2026 158463 150382 166545
December 2026 158710 143633 173787
Elwood Housing Market Forecast with Real Estate Prices for 2027
January 2027 157957 147216 168698
February 2027 157013 144452 169574
March 2027 155958 147536 164380
April 2027 154910 144221 165598
May 2027 153868 142944 164793
June 2027 153100 140240 165960
July 2027 154052 140341 167762
August 2027 155542 144188 166897
September 2027 157047 141499 172595
October 2027 158566 150162 166970
November 2027 159384 143924 174845
December 2027 159784 148919 170649
Elwood Housing Market Forecast with Real Estate Prices for 2028
January 2028 159506 149298 169715
February 2028 159378 148222 170535
March 2028 158974 146415 171533
April 2028 158514 146943 170086
May 2028 158574 148584 168564
June 2028 159577 144577 174578
July 2028 161121 149037 173205
August 2028 162680 153244 172115
September 2028 164254 155220 173288
October 2028 165624 155024 176224
November 2028 166319 151184 181454
December 2028 166543 156384 176702
Elwood Housing Market Forecast with Real Estate Prices for 2029
January 2029 166275 156964 175587
February 2029 165873 154925 176820
March 2029 165948 151344 180551
April 2029 166535 151214 181856
May 2029 168146 155031 181262
June 2029 168520 158577 178462
July 2029 168595 152579 184612
August 2029 167876 158979 176774
September 2029 167034 151166 182903
October 2029 165949 156656 175242
November 2029 165620 151211 180029
December 2029 167222 156687 177757
Elwood Housing Market Forecast with Real Estate Prices for 2030
January 2030 168840 153307 184373
February 2030 170473 155642 185304
March 2030 171666 160507 182824
April 2030 171321 154531 188110
May 2030 170169 154343 185995
June 2030 169577 158554 180599
July 2030 170136 154994 185278
August 2030 171782 160616 182948
September 2030 173444 158008 188881
October 2030 175122 159011 191233
November 2030 176816 160196 193437
December 2030 178527 163531 193523
Elwood Housing Market Forecast with Real Estate Prices for 2031
January 2031 180254 162950 197559
February 2031 181998 164890 199106
March 2031 183469 168241 198697
April 2031 183755 169422 198088
May 2031 182883 164778 200989
June 2031 181789 165610 197969
July 2031 180568 167387 193750
August 2031 179355 170207 188502
September 2031 178149 168707 187591
October 2031 177260 162192 192327
November 2031 178361 161595 195127
December 2031 180087 169102 191072
Elwood Housing Market Forecast with Real Estate Prices for 2032
January 2032 181829 171283 192375
February 2032 183588 173858 193319
March 2032 184535 168112 200959
April 2032 184998 172973 197023
May 2032 184677 168795 200559
June 2032 184528 173641 195416
July 2032 184060 167679 200442

> 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.