Housing market · ZIP 60421

Elwood, IL Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$317,973

3-month+0.6%

6-month+2.2%

12-month+3.5%

Touse 12-month forecast

+3.5%

Projected median near $329,002 over the next 12 months

As of April 2026, the median home value in Elwood, IL (ZIP 60421) is $317,973. Prices are stable, up 3.5% over the past year. Touse's model projects a +3.5% change over the next 12 months, putting the median near $329,002.

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Nearby areas in Will

Beecher 60401 Crest Hill 60403 Shorewood 60404 Braidwood 60408 Channahon 60410 Crete 60417 Frankfort 60423 Markham 60428

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.