Elwin, IL Housing

Housing in Elwin, IL is quite affordable compared to the US median value. The median value of a house in Elwin is $101,900, which is significantly lower than the US median value of $338,100. Furthermore, the rate of appreciation for housing in Elwin has been higher than that of the US over the past year at 11.60% compared to 8.27%. This illustrates that housing prices are rising more rapidly in Elwin and may be an attractive option for those looking to purchase a home.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elwin, Illinois	United States
	50.0	139,647,020.0
	62	42
	$101,900	$338,100
	11.6%	16.6%
	29.0%	57.0%
	33.9%	101.1%
	$22.76	$10.98
	$1,761	$2,690
	100.0%	57.4%
	0.0%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	12.0%	3.9%
	46.0%	4.5%
	28.0%	11.3%
	14.0%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.0%	13.6%
	0.0%	13.6%
	8.0%	13.6%
	0.0%	13.2%
	38.0%	14.8%
	8.0%	13.6%
	34.0%	10.0%
	0.0%	4.7%
	20.0%	12.2%