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Today: September 23, 2025

Current Price

$132,276

1 Month Forecast

$144,459

1-Year Forecast *

$156,060

5-Year Forecast *

$180,095

"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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elwood" area is 180,095 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +36.15% meaning that investing 100000 USD today may yield a profit of 36,151 USD by 2030.

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: 2025-2031

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: $156,060* (upside of 18.0%)

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 $40,802 $44,964 $40,802 $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 156,060 USD in one year.

Is it profitable to invest in Elwood homes?

Yes. The long-term profit potential is +17.98% 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 180,095 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 226,740 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 increased, 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 increased by 0.156% to 132,276 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 19.620% in 2020
  • 18.370% in 2021
  • 19.100% in 2022
  • 19.190% in 2023
  • 16.720% in 2024
  • 16.510% in 2025

Based on our Elwood real estate market research and report the predicted sales prices will increase by 422.517% in the next 10 years.

Over the last 12 months, the value of homes in Elwood fluctuated: increasing 5 times and decreasing 5 times.

Elwood (Indiana) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 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 144459 135214 153705
September 2025 145886 132319 159454
October 2025 147327 133920 160734
November 2025 148782 140897 156668
December 2025 150252 139434 161070
Elwood Housing Market Forecast with Real Estate Prices for 2026
January 2026 151736 141873 161598
February 2026 153234 137911 168558
March 2026 154748 140511 168984
April 2026 156276 145649 166903
May 2026 157369 144150 170588
June 2026 157053 147316 166790
July 2026 156060 143575 168544
August 2026 155516 143697 167336
September 2026 156030 141987 170072
October 2026 157571 147801 167340
November 2026 159127 149261 168993
December 2026 160698 148325 173072
Elwood Housing Market Forecast with Real Estate Prices for 2027
January 2027 162286 149790 174782
February 2027 163888 151597 176180
March 2027 165507 151935 179079
April 2027 167142 155943 178340
May 2027 168492 151812 185173
June 2027 168755 158798 178711
July 2027 167955 151999 183910
August 2027 166950 158603 175298
September 2027 165894 151793 179995
October 2027 164845 151822 177868
November 2027 163802 148077 179527
December 2027 162984 154183 171786
Elwood Housing Market Forecast with Real Estate Prices for 2028
January 2028 163998 154486 173509
February 2028 165617 154190 177045
March 2028 167253 154207 180299
April 2028 168905 157419 180390
May 2028 169776 153647 185905
June 2028 170202 160670 179733
July 2028 169906 159372 180440
August 2028 169770 157716 181824
September 2028 169339 153252 185426
October 2028 168849 158887 178811
November 2028 168913 152360 185467
December 2028 169982 154173 185790
Elwood Housing Market Forecast with Real Estate Prices for 2029
January 2029 171661 159301 184020
February 2029 173356 156887 189825
March 2029 175068 157912 192225
April 2029 176529 159405 193652
May 2029 177269 164151 190387
June 2029 177508 161355 193662
July 2029 177223 162868 191578
August 2029 176794 167600 185987
September 2029 176874 166261 187486
October 2029 177500 167027 187972
November 2029 179253 166168 192338
December 2029 179651 165459 193843
Elwood Housing Market Forecast with Real Estate Prices for 2030
January 2030 179731 163735 195727
February 2030 178965 168406 189524
March 2030 178068 169164 186971
April 2030 176941 165086 188796
May 2030 176590 162463 190717
June 2030 178334 167099 189569
July 2030 180095 163887 196304
August 2030 181874 165142 198607
September 2030 183670 170446 196895
October 2030 185484 175839 195130
November 2030 187316 169896 204737
December 2030 189166 174601 203732
Elwood Housing Market Forecast with Real Estate Prices for 2031
January 2031 191035 178809 203261
February 2031 192922 181732 204111
March 2031 194271 182615 205927
April 2031 193881 175074 212687
May 2031 192654 176471 208837
June 2031 191984 180081 203887
July 2031 192617 174126 211109
August 2031 194520 184599 204440
September 2031 196441 178565 214317
October 2031 198381 187272 209490
November 2031 200340 182911 217770
December 2031 202319 186336 218302
Elwood Housing Market Forecast with Real Estate Prices for 2032
January 2032 204317 187563 221071
February 2032 206335 189209 223461
March 2032 208003 188658 227347
April 2032 208327 196869 219785
May 2032 207339 188263 226414
June 2032 206098 187344 224853
July 2032 204795 184520 225070
August 2032 203500 188237 218762
September 2032 202213 189271 215154
October 2032 201203 187320 215086
November 2032 202454 183626 221282
December 2032 204453 189324 219583
Elwood Housing Market Forecast with Real Estate Prices for 2033
January 2033 206473 195530 217416
February 2033 208512 194750 222274
March 2033 209587 197850 221324
April 2033 210113 190572 229653
May 2033 209748 194436 225060
June 2033 209580 195119 224041
July 2033 209048 198386 219709

> 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.