Elmwood, NE—68349
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Elmwood, NE
As of Oct '25, the median home price in Elmwood, NE is $260,000, with a year-over-year change of 2.3%. This indicates that home prices in Elmwood, NE are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $260,000 | 2.3% |
| Single Family | $260,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $212,000 | 2.9% |
3 Bed | $306,000 | 4.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Elmwood, NE
Elmwood, NE lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Elmwood, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Elmwood, NE is 21. This is a increase of 100.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $394,000 | 97.0% |
Listing Count | 3 | -12.0% |
| Listings as % of Homes | 0.2% | -12.0% |
Days on Market | 21 | 100.0% |
Demographics — Elmwood, NE
As of the latest ACS Survey released in 2023, Elmwood, NE has a population of 1,250, which has increased by 17.2% over the past 5 years. Elmwood, NE is a popular place for families, as children make up 25.3% of the population. The area has a moderately educated workforce, with 32.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,250 | 17.2% |
% Under 18 | 25.3% | 15.5% |
% Seniors | 25.8% | 80.4% |
% WFH | 15.1% | 104.1% |
% w/ College Degree | 32.3% | 42.9% |
As of the latest ACS Survey released in 2023, Elmwood, NE is a predominantly white area, with 95.2% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Elmwood, NE is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.0% of the population in Elmwood, NE, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.2% | -0.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.2% | -50.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Elmwood, NE
Elmwood, NE lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Elmwood, NE
Elmwood, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Elmwood, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $260,000 |
| Median Household Income | $76,000 |