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Foreclosure Homes in Elwood, NE

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Elwood, NE Foreclosures

How much do homes sell for in Elwood, NE?
The average home price is currently $278,881.
In Elwood, NE, how many homes are available?
There are currently 11 active home listings available in Elwood.
What’s the average rental cost in Elwood, NE?
The average rental price in Elwood is $1,065.
What is the most expensive home in Elwood?
The most expensive home sold in Elwood had a price of $8,950,596.
What is currently the cheapest priced home in Elwood, NE?
The cheapest home for sale in Elwood is priced at $54,258.

Living in Elwood, NE

Elwood, NE is a quaint and peaceful small town perfect for families and those seeking a quiet lifestyle. Surrounded by picturesque farmland and numerous outdoor activities, it provides a blend of community spirit and access to nature. Proximity to larger cities ensures that residents can enjoy both tranquility and convenience.

Current Market Conditions in Elwood, NE

The real estate market in Elwood is currently favorable for buyers, with a variety of affordable housing options available. Property values remain stable, making it a promising investment location for those looking to take advantage of low entry costs while enjoying potential appreciation in value.

Current trends indicate a steady demand for homes in this charming community, particularly among families and retirees looking for a peaceful setting. With limited inventory and a growing interest in rural living, investing in Elwood's real estate market presents a unique opportunity.

Home Value Estimator For Elwood, NE

There are currently 529 real estate properties in Elwood, NE, with a median automated valuation model (AVM) price of $192,890.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elwood, NE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elwood, NE, is $278,881.00, with the most expensive house in Elwood, NE, topping out at $8,950,596.00 and the cheapest home in Elwood, NE, clocking in at $54,258.00. In other words, there’s something for every potential homebuyer or savvy investor in Elwood, NE!

Rent Prices In Elwood, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elwood, NE, is on a rollercoaster ride. The average rent price in Elwood, NE, is $1,065.00. Indeed, when looking to rent in Elwood, NE, you can expect to pay as little as $710.00 or as much as $2,060.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Elwood, NE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Elwood, NE Foreclosures


Market Trend for Elwood, NE

Total Listings Available: 11

Market Values:

Home Prices from $54,258 to $8,950,596

Average Sales Price: $278,881

Rental Values:

Rental from $710 to $2,060

Average Rent Value: $1,065 / month

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