The median home value in Elwood, NJ is $175,500. This is lower than the county median home value of $301,600. The national median home value is $338,100. The average price of homes sold in Elwood, NJ is $175,500. Approximately 88.95% of Elwood homes are owned, compared to 11.05% rented, while 0% are vacant. Elwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elwood real estate agent to arrange a tour today!
Elwood, New Jersey has a population of 877. Elwood is less family-centric than the surrounding county with 14.78% of the households containing married families with children. The county average for households married with children is 26.78%.
The median household income in Elwood, New Jersey is $73,424. The median household income for the surrounding county is $66,473 compared to the national median of $69,021. The median age of people living in Elwood is 53.4 years.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 23.6 degrees. The average rainfall is approximately 44.8 inches per year, with 19.7 inches of snow per year.