2 bedroom homes for sale in Elmwood, IL

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Elmwood, IL Real Estate Market Overview

There are no 2-bedroom homes for sale in Elmwood, IL. The following market insights reflect all property types in the Elmwood, IL real estate market. Between March 2025 and April 2025, Elmwood, IL real estate market has seen a decrease in the number of listings by 20%. Listings spent 43 days on the market in April 2025, and had a median list price of $155,000 during the same period. In April 2025 more than 0 listings in Elmwood, IL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Elmwood, IL

Elmwood is located in Peoria County, Illinois. There are roughly 208 residents, living in 82 households. The average temperature for Elmwood this time of the year is low of 50F and high of 73F. On average, Elmwood gets about 4.25 inches of precipitation in May. Most residents are home owners (79%), have a post secondary degree (59%) and are married, no kids (33%).

Data provided by Home Junction

Schools near Elmwood, IL

Elementary Schools

  • Elmwood Elementary School

    501 N Morgan St

    Public District KG-6

Middle Schools

  • Elmwood Junior High School

    301 W Butternut St

    Public District 7-8

High Schools

  • Elmwood High School

    301 W Butternut St

    Public District 9-12

Data provided by Great Schools

Housing market reports in Peoria County

Top real estate cities in Illinois

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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