Current Price

$575,704

1 Month Forecast

â–² $615,120

1-Year Forecast *

â–² $642,901

5-Year Forecast *

â–² $741,361

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elmwood Park" area is 741,361 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +28.77% meaning that investing 100000 USD today may yield a profit of 28,775 USD by 2031.

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: 2026-2032

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: $642,901* (upside of 11.7%)

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 $298,895 $313,003 $298,895 $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 642,901 USD in one year.

Is it profitable to invest in Elmwood Park homes?

Yes. The long-term profit potential is +11.67% 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 712,080 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 862,369 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 decreased, 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 decreased by 4.960% to 575,704 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 11.082% in 2021
  • 10.002% in 2022
  • 10.182% in 2023
  • 9.972% in 2024
  • 10.642% in 2025
  • 10.512% in 2026

Based on our Elmwood Park real estate market research and report the predicted sales prices will increase by 201.612% in the next 10 years.

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

Elmwood Park (New Jersey) 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 Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 615120 564680 665560
September 2025 618084 567401 668767
October 2025 621062 567650 674473
November 2025 624054 579746 668362
December 2025 626910 582399 671420
Elmwood Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 627133 588251 666015
February 2026 628363 571182 685544
March 2026 630659 578945 682373
April 2026 633697 570328 697067
May 2026 636751 590268 683233
June 2026 639819 580955 698682
July 2026 642901 584397 701405
August 2026 645999 583983 708015
September 2026 649111 594586 703637
October 2026 652239 592885 711593
November 2026 652706 597226 708186
December 2026 650913 606651 695175
Elmwood Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 649124 598493 699756
February 2027 647341 589728 704954
March 2027 645562 610702 680423
April 2027 645374 588581 702167
May 2027 648287 597072 699502
June 2027 651101 591851 710351
July 2027 654238 601899 706577
August 2027 657390 594938 719842
September 2027 660557 626208 694906
October 2027 663053 615313 710793
November 2027 664407 620556 708258
December 2027 665760 612499 719021
Elmwood Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 666689 628021 705357
February 2028 667747 632357 703138
March 2028 669445 623923 714967
April 2028 671994 611515 732474
May 2028 674919 629024 720813
June 2028 678171 625273 731068
July 2028 681438 617383 745493
August 2028 684721 637476 731967
September 2028 688021 624035 752006
October 2028 690447 653853 727041
November 2028 693774 641740 745807
December 2028 697116 660866 733366
Elmwood Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 700475 661248 739702
February 2029 703850 663027 744673
March 2029 706281 662492 750070
April 2029 706592 642293 770892
May 2029 709997 639707 780287
June 2029 710675 670877 750473
July 2029 712080 654402 769759
August 2029 714269 678555 749982
September 2029 716268 647506 785029
October 2029 717965 665553 770376
November 2029 719627 681487 757768
December 2029 723095 672478 773711
Elmwood Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 726579 678624 774533
February 2030 730079 667293 792866
March 2030 733597 685913 781281
April 2030 736954 672102 801806
May 2030 737216 686348 788084
June 2030 738663 699514 777812
July 2030 741361 699103 783619
August 2030 744933 689063 800803
September 2030 748522 694629 802416
October 2030 752129 710762 793496
November 2030 755753 699827 811678
December 2030 759394 712312 806476
Elmwood Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 763053 698193 827912
February 2031 766729 705391 828068
March 2031 767278 703594 830962
April 2031 765170 717730 812611
May 2031 763068 718047 808089
June 2031 760972 697811 824132
July 2031 758881 695135 822627
August 2031 758660 688104 829215
September 2031 762084 685875 838292
October 2031 765391 705691 825092
November 2031 769079 706015 832144
December 2031 772785 699370 846199
Elmwood Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 776508 726035 826981
February 2032 779442 704615 854268
March 2032 781033 709959 852107
April 2032 782624 704362 860886
May 2032 783716 740611 826820
June 2032 784960 741787 828133
July 2032 786956 742099 831812

> 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.