Recent home sale information for Elmwood Park, IL
In July 2022, there were 19 single family homes that sold in Elmwood Park, IL, with a median sales price of $360,000 — this was down from 27 closed sales in June with a median sales price of $401,000, the highest monthly median sales price ever in town. See where things stand today, below.
The real bottleneck in the system, however, is a sustained shortage of new homes coming onto the market for sale. We're at our highest inventory levels all year and are still hovering around 2 months' supply of homes -- 6 months of supply is considered "balanced", so in spite of rising interest rates and cost of living, sellers are still in the drivers' seat!
Have you been thinking of buying or selling a home in Elmwood Park, or are you trying to find an experienced realtor in Elmwood Park who is genuine, personable, a tough negotiator, yet never pushy? Learn more about working with Laurie Christofano realtor with RE/MAX In The Village and see if she could be the right fit for you!

