In October 2019, there were two homes sold, with a median sale price of $110,250 - a 14.2% increase over the $96,500 median sale price for the same period of the previous year. There were five homes sold in Elmwood in October 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 October 2019.
The following table compares Elmwood to other Peoria County cities with similar median sales prices in October 2019:
| City | Oct. 2019 Home Sales | Oct. 2018 Home Sales | % change (Total Home Sales) | Oct. 2019 Median Sales Price | Oct. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Dunlap | 3 | 4 | -25% | $261,000 | $195,000 | 33.8% |
| Princeville | 1 | 6 | -83.3% | $224,000 | $48,500 | 361.9% |
| Lake Camelot | 3 | 4 | -25% | $167,950 | $152,673.50 | 10% |
| Hanna City | 2 | 6 | -66.7% | $120,200 | $134,500 | -10.6% |
| Peoria | 178 | 249 | -28.5% | $111,000 | $102,500 | 8.3% |
| Elmwood | 2 | 5 | -60% | $110,250 | $96,500 | 14.2% |
| Chillicothe | 14 | 14 | 0% | $107,450 | $125,000 | -14% |
| Bellevue | 1 | 3 | -66.7% | $92,500 | $19,000 | 386.8% |
| Glasford | 2 | 4 | -50% | $91,000 | $63,950 | 42.3% |
| Bartonville | 18 | 8 | 125% | $83,350 | $51,000 | 63.4% |
| West Peoria | 5 | 8 | -37.5% | $79,900 | $60,700 | 31.6% |
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