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Today: September 22, 2025
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Elmwood Park Real Estate Forecast, Elmwood Park Area Housing Prices and Home Value Trends and Predictions

Is buying a house in Elmwood Park a good investment? The median home price in Elmwood Park today: ▼ 575,704 USD (-5.957%)

  • History
  • Forecast
  • Data
  • Q&A

Current Price

$575,704

1 Month Forecast

▲ $615,283

1-Year Forecast *

▲ $647,200

5-Year Forecast *

▲ $754,196

"Is it a good time to buy homes in Elmwood Park?" "Does investing in real estate in Elmwood Park (New Jersey State, Bergen County) worth it?" According to our live Forecast System, buying a house in Elmwood Park is a good short-term (1-year) investment*. The Elmwood Park 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 Park" 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 Park in New Jersey State, Bergen County. If you are looking for homes for sale with good flipping profit, Elmwood Park can be a profitable property investment option. The median price of an average house in Elmwood Park was 575,704 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elmwood Park" area is 754,196 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +31.00% meaning that investing 100000 USD today may yield a profit of 31,004 USD by 2030.

Current Median Listing Price: 575,704 USD Median Listing Price Per Square Foot: 320 USD

Elmwood Park 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 Park (New Jersey 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.

Elmwood Park Price Target

Elmwood Park median home price target in 12 months: $647,200* (upside of 12.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $603,978 $612,170 $603,978 $612,170
2024 $533,988 $575,704 $533,988 $575,704
2023 $510,278 $531,674 $510,278 $531,674
2022 $497,316 $507,985 $497,316 $520,285
2021 $454,924 $494,417 $454,924 $494,417
2020 $414,935 $447,898 $414,935 $447,898
2019 $395,401 $411,669 $395,401 $411,669
2018 $377,656 $393,731 $377,656 $393,731
2017 $361,810 $375,784 $361,810 $375,784
2016 $349,584 $360,156 $349,584 $360,156
2015 $336,485 $348,492 $334,102 $348,492
2014 $325,087 $337,900 $325,087 $338,857
2013 $313,013 $324,876 $313,013 $324,876
2012 $296,760 $313,003 $296,358 $313,003

Questions & Answers about the Elmwood Park Housing Market Forecast

How much does an average home cost in Elmwood Park today?

The value of an average home (the listing price) in Elmwood Park is $575,704 USD.

What is the average price per square foot in Elmwood Park?

According to Walletinvestor the median price per square foot in Elmwood Park is 320 USD.

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

Yes. The Elmwood Park home prices may rise from 575,704 USD to 647,200 USD in one year.

Is it profitable to invest in Elmwood Park homes?

Yes. The long-term profit potential is +12.42% in one year.

Will Elmwood Park house prices fall / drop?

No. See above.

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

The predicted home sales price of a Elmwood Park home in 2030 in Elmwood Park is 754,196 USD.

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

The predicted home sales price of a Elmwood Park home in 2035 in Elmwood Park is 929,172 USD.

Will real estate prices decrease in Elmwood Park?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elmwood Park is the 2989. largest city in the United States, located in New Jersey State.

During the last 12 months the real estate prices in Bergen, Elmwood Park increased, looking at the past 12 months.

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

Median home values increased by 0.959% to 575,704 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 12.499% in 2020
  • 11.149% in 2021
  • 11.619% in 2022
  • 11.739% in 2023
  • 10.689% in 2024
  • 13.119% in 2025

Based on our Elmwood Park real estate market research and report the predicted sales prices will increase by 222.397% in the next 10 years.

Over the last 12 months, the value of homes in Elmwood Park fluctuated: increasing 10 times .

Elmwood Park (New Jersey) 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
Elmwood Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 615283 574675 655892
September 2025 618412 570795 666030
October 2025 621557 561266 681848
November 2025 624718 562871 686565
December 2025 627895 576407 679382
Elmwood Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 631088 593853 668322
February 2026 634297 598142 670452
March 2026 637522 589071 685974
April 2026 640764 584377 697152
May 2026 644023 584129 703917
June 2026 646970 594565 699374
July 2026 647200 596071 698329
August 2026 648470 615398 681542
September 2026 650839 610487 691191
October 2026 653992 612791 695194
November 2026 657318 604075 710561
December 2026 660661 615736 705586
Elmwood Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 664020 626835 701205
February 2027 667397 605997 728798
March 2027 670791 618469 723113
April 2027 674202 636447 711957
May 2027 674685 626107 723262
June 2027 672909 616385 729434
July 2027 671139 614092 728186
August 2027 669373 628541 710205
September 2027 667612 618209 717015
October 2027 667417 610687 724148
November 2027 670429 624840 716019
December 2027 673339 629572 717106
Elmwood Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 676763 623976 729551
February 2028 680205 625788 734621
March 2028 683664 637858 729469
April 2028 686247 637523 734970
May 2028 687648 636762 738534
June 2028 689049 631858 746240
July 2028 690010 638949 741071
August 2028 691105 624759 757451
September 2028 692862 627041 758684
October 2028 695501 636383 754618
November 2028 698528 656616 740439
December 2028 702080 659955 744204
Elmwood Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 705650 652726 758574
February 2029 709238 653208 765268
March 2029 712845 645125 780565
April 2029 715359 667430 763288
May 2029 718997 680890 757103
June 2029 722653 674958 770348
July 2029 726328 687832 764823
August 2029 730021 675270 784773
September 2029 732543 682730 782356
October 2029 732866 675702 790029
November 2029 736592 665143 808042
December 2029 737296 676837 797754
Elmwood Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 738754 674482 803025
February 2030 741024 696563 785486
March 2030 743098 677705 808491
April 2030 744858 671117 818599
May 2030 746584 694323 798844
June 2030 750380 705357 795403
July 2030 754196 683302 825090
August 2030 758031 683744 832318
September 2030 761886 710078 813694
October 2030 765760 708328 823192
November 2030 769654 727323 811985
December 2030 773568 724833 822303
Elmwood Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 777502 731629 823375
February 2031 781456 732224 830688
March 2031 785430 723381 847479
April 2031 789024 747995 830053
May 2031 789305 749050 829559
June 2031 790853 741820 839886
July 2031 793742 745324 842161
August 2031 797588 742555 852622
September 2031 801644 723083 880205
October 2031 805721 738040 873401
November 2031 809818 757180 862456
December 2031 813936 765100 862772
Elmwood Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 818075 755902 880249
February 2032 822235 744123 900348
March 2032 822824 741364 904283
April 2032 820659 746800 894518
May 2032 818500 773482 863517
June 2032 816346 751038 881654
July 2032 814198 753133 875263
August 2032 813961 736635 891287
September 2032 817634 757947 877322
October 2032 821183 778482 863885
November 2032 825359 760156 890562
December 2032 829556 783101 876011
Elmwood Park Housing Market Forecast with Real Estate Prices for 2033
January 2033 833775 767073 900477
February 2033 836925 777503 896346
March 2033 838633 784961 892306
April 2033 840342 771434 909250
May 2033 841514 779242 903786
June 2033 842850 783008 902692
July 2033 844993 798518 891468

> 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.