- 3 bd
- 2 ba
- 1,040 sqft

The average Elmwood, IL home value is $189,911, up 5.4% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $189,911
1-Year Value Change: +5.4%
(Data through August 31, 2026)
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The median home value in Elmwood, IL is $189,911 as of August 2026. This represents a 0.4% increase compared to last month and a 5.5% increase year-over-year.
Home values in Elmwood, IL have increased by 0.4% month-over-month and 5.5% year-over-year.
The median home value in Elmwood, IL ($189,911) compares to: Peoria County ($167,339), Illinois ($297,573), and the U.S. national median ($368,697).