From January through December of 2019, there were 41 homes sold, with a median sale price of $110,000 - a 32.1% increase over the $83,250 median sale price for the previous year. There were 36 homes sold in Elmwood in 2018.
The median sales tax in Elmwood for the most recent year with available data, 2018, was $2,749, approximately 2.5% of the median home sale price for 2019.
The following table compares Elmwood to other Peoria County cities with similar median sales prices in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Camelot | 33 | 46 | -28.3% | $171,000 | $170,000 | 0.6% |
| Dunlap | 31 | 34 | -8.8% | $163,500 | $206,250 | -20.7% |
| Brimfield | 14 | 13 | 7.7% | $127,250 | $85,000 | 49.7% |
| Hanna City | 22 | 27 | -18.5% | $121,000 | $115,000 | 5.2% |
| Mapleton | 5 | 5 | 0% | $117,500 | $148,000 | -20.6% |
| Elmwood | 41 | 36 | 13.9% | $110,000 | $83,250 | 32.1% |
| Chillicothe | 129 | 108 | 19.4% | $105,000 | $122,250 | -14.1% |
| Peoria | 1,809 | 2,216 | -18.4% | $103,000 | $110,000 | -6.4% |
| Rome | 41 | 28 | 46.4% | $97,500 | $100,000 | -2.5% |
| Bartonville | 114 | 119 | -4.2% | $89,950 | $87,000 | 3.4% |
| Kingston Mines | 8 | 7 | 14.3% | $78,500 | $65,000 | 20.8% |
Alerts Sign-up