Home prices
The median home in Elwood costs $69,000. In comparison to its surrounding areas this is roughly $57,280 (45%) lower.Compared to the US as a whole it is approximately $148,500 (68%) lower, and in comparison to the city of Kansas City it is approximately $85,600 (55%) lower.
Rents
In Elwood the median rent is $633 per month. This is approximately $160 (20%) lower in comparison to nearby areas.It is approximately $429 (40%) lower in comparison to the entire country, and compared to the city of Kansas City is approximately $308 (32%) lower.
Nearby places
Wathena
Wathena is Elwood's neighbor to the west. Housing prices there are significantly more expensive. The median home in Wathena costs $107,300, which works out to $38,300 (35%) higher than Elwood. Its rents are a bit more expensive. In Wathena the median rent is $710 per month, which comes out to $77 (10%) higher than Elwood.
St. Joseph
St. Joseph is Elwood's neighbor to the east. Its real estate prices are substantially more expensive. The median home price in St. Joseph is $114,100, which comes out to $45,100 (39%) higher than Elwood. Rent there is a bit more expensive. The median monthly rent in St. Joseph is $782, which comes out to $149 (19%) higher than Elwood.
Country Club
Country Club is roughly 6 miles northeast of Elwood. Real estate prices there are significantly more expensive. The median home in Country Club costs $150,700, which works out to $81,700 (54%) higher than Elwood. Rent there is substantially more expensive. Country Club's median rent is $1,021 a month, which works out to $388 (38%) higher than Elwood.
Agency
Agency is approximately 8 miles southeast from Elwood. Housing prices there are substantially more expensive. The cost of the median home in Agency is $163,000, which is $94,000 (57%) higher than Elwood. Its rents are a little more expensive. The median rent in Agency is $792 a month, which is $159 (20%) higher than Elwood.
Troy
Troy is roughly 9 miles west from Elwood. Its real estate prices are a bit more expensive. The median home value in Troy is $96,300, which works out to $27,300 (28%) higher than Elwood. Its rents are fairly similar. Troy's median monthly rent is $660, which is $27 (4%) higher than Elwood.