The Elmwood Village housing market is somewhat competitive. The median sale price of a home in Elmwood Village was $341K last month, down 18.2% since last year. The median sale price per square foot in Elmwood Village is $166, down 12.6% since last year.
What is the housing market like in Elmwood Village today?
In May 2024, Elmwood Village home prices were down 18.2% compared to last year, selling for a median price of $341K. On average, homes in Elmwood Village sell after 24 days on the market compared to 16 days last year. There were 39 homes sold in May this year, down from 52 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$341,000
-18.2% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Elmwood Village, NY
$341,000
-18.2%
United States
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How hot is the Elmwood Village housing market?
Elmwood Village is somewhat competitive. Homes sell in 16 days.
0
100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 16 days.
Hot homes
can sell for about 4% above list price and go pending in around 10 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Elmwood Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Elmwood Village.
Risk Factor
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Elmwood Village has a minor risk of flooding. 111 properties in Elmwood Village are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Elmwood Village. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Elmwood Village has a minor risk of wildfire. There are 51 properties in Elmwood Village that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Elmwood Village.
Elmwood Village has minimal risk of severe winds over the next 30 years
Wind Factor
Elmwood Village has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.