Current Price

$302,386

1 Month Forecast

â–² $303,556

1-Year Forecast *

â–² $316,387

5-Year Forecast *

â–² $365,189

"Is it a good time to buy homes in Elmwood Park?" "Does investing in real estate in Elmwood Park (Wisconsin State, Racine County) worth it?" According to our live Forecast System, buying a house in Elmwood Park is a not so 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 Wisconsin State, Racine 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 302,386 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 365,189 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +20.77% meaning that investing 100000 USD today may yield a profit of 20,769 USD by 2031.

Current Median Listing Price: 302,386 USD Median Listing Price Per Square Foot: 168 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 (Wisconsin 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: $316,387* (upside of 4.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $279,333 $302,386 $279,333 $302,386
2023 $265,496 $278,037 $265,496 $278,037
2022 $248,424 $262,962 $248,424 $264,706
2021 $221,580 $247,235 $221,580 $247,235
2020 $204,551 $218,626 $204,551 $218,626
2019 $191,054 $202,657 $191,054 $202,657
2018 $0 $189,791 $0 $189,791
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

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 $302,386 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 168 USD.

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

Yes. The Elmwood Park home prices may rise from 302,386 USD to 316,387 USD in one year.

Is it profitable to invest in Elmwood Park homes?

Yes. The long-term profit potential is +4.63% 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 349,029 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 417,176 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 23381. largest city in the United States, located in Wisconsin State.

During the last 12 months the real estate prices in Racine, Elmwood Park remained stable, 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 remained unchanged to 302,386 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 3.020% in 2021
  • 6.480% in 2022
  • 6.530% in 2023
  • 6.170% in 2024
  • 2.870% in 2025
  • 5.670% in 2026

Based on our Elmwood Park real estate market research and report the predicted sales prices will increase by 57.241% in the next 10 years.

Elmwood Park (Wisconsin) 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
January 2025 303556 278665 328448
February 2025 304731 284619 324843
March 2025 305911 287250 324571
April 2025 307094 286212 327977
May 2025 308283 281462 335104
June 2025 309476 285337 333615
July 2025 310674 287995 333353
August 2025 311833 289381 334285
September 2025 312742 288348 337136
October 2025 313952 295743 332161
November 2025 315167 287748 342587
December 2025 316387 286963 345811
Elmwood Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 317611 296014 339209
February 2026 318841 301623 336058
March 2026 320075 288387 351762
April 2026 321313 296572 346054
May 2026 320902 296513 345290
June 2026 320470 296114 344825
July 2026 320038 302436 337640
August 2026 319954 296917 342991
September 2026 321081 293147 349015
October 2026 322323 291058 353589
November 2026 323571 300274 346868
December 2026 324823 299487 350159
Elmwood Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 326080 309450 342710
February 2027 327342 307047 347637
March 2027 328564 309836 347292
April 2027 328475 296941 360008
May 2027 328032 304742 351323
June 2027 327591 309246 345936
July 2027 327773 298602 356945
August 2027 329042 307325 350759
September 2027 329755 308981 350530
October 2027 331031 308190 353872
November 2027 332312 310712 353913
December 2027 333599 307578 359619
Elmwood Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 334890 304749 365030
February 2028 336186 311308 361063
March 2028 337487 317912 357061
April 2028 338793 315077 362508
May 2028 340104 312215 367992
June 2028 341420 317521 365320
July 2028 342741 324919 360564
August 2028 344068 326520 361615
September 2028 345007 324997 365018
October 2028 346343 316211 376474
November 2028 347683 322302 373064
December 2028 349029 328087 369970
Elmwood Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 350379 321648 379110
February 2029 351735 321838 381633
March 2029 353097 333676 372517
April 2029 354463 333904 375022
May 2029 355786 331237 380335
June 2029 356823 323638 390007
July 2029 358204 334204 382203
August 2029 359590 326148 393032
September 2029 360982 329937 392026
October 2029 362379 333026 391731
November 2029 363781 343409 384153
December 2029 365189 335243 395134
Elmwood Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 366602 343873 389332
February 2030 366133 332815 399451
March 2030 365640 341873 389406
April 2030 365147 339952 390342
May 2030 365052 330372 399731
June 2030 366337 330802 401872
July 2030 367755 335025 400485
August 2030 369178 340751 397605
September 2030 370607 339476 401738
October 2030 372041 345998 398084
November 2030 373481 354060 392902
December 2030 374875 345260 404490
Elmwood Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 374773 343667 405879
February 2031 374268 353309 395227
March 2031 373764 350217 397312
April 2031 373973 344055 403891
May 2031 375420 344636 406205
June 2031 376234 354789 397679
July 2031 377690 349363 406017
August 2031 379152 355644 402659
September 2031 380619 353976 407262
October 2031 382092 345793 418391
November 2031 383571 355954 411188
December 2031 385055 346935 423176

> 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.