Home values, rents and more in Elmwood, IL
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Elmwood in ProMap- Under $150k
- $150k–$160k
- $160k–$170k
- $170k–$180k
- $180k+
- No data
How Elmwood compares
The typical home in Elmwood, IL is worth about $189,000, according to the Zillow Home Value Index for September 2026. Home values in Elmwood are 8% above the typical value in the Peoria metro area ($175,000) and 48% below the U.S. typical value ($366,000).
Over the past year, home values in Elmwood rose 4.8%, compared with +6.4% in the Peoria metro area and +1.2% nationally.
The median household income is $90,285, against $71,857 in the Peoria metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 2,327 people live in Elmwood (American Community Survey 2020–24).
Elmwood has the 26th-highest typical home value of the 57 cities in the Peoria metro area and the 500th-lowest of 1,005 in Illinois with Zillow figures.
Part of: Peoria County, IL · Peoria metro area · Illinois
More for Elmwood in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Elmwood, IL
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.