Home prices
The median home in Elwood is valued at $268,500. It is about $59,920 (28%) higher compared to its nearby areas.In comparison to the United States as a whole it is approximately $51,000 (23%) higher, and is approximately $46,000 (14%) lower compared to the city of Salt Lake City.
Rents
Elwood's median rent is $1,200 a month. Compared to nearby areas it is about $384 (47%) higher.In comparison to the US as a whole it is roughly $138 (12%) higher, and in comparison to the city of Salt Lake City is about $215 (21%) higher.
Nearby places
Honeyville
Honeyville is Elwood's neighbor to the southeast. Real estate prices there are a bit less expensive. The median home in Honeyville is valued at $245,700, which is $22,800 (9%) lower than Elwood. Its rents are significantly less expensive. The median rent in Honeyville is $695 a month, which comes out to $505 (72%) lower than Elwood.
Tremonton
Tremonton is Elwood's neighbor to the northwest. Housing prices there are substantially less expensive. The price of the median home in Tremonton is $191,800, which is $76,700 (39%) lower than Elwood. Rents there are substantially less expensive. In Tremonton the median rent is $730 a month, which works out to $470 (64%) lower than Elwood.
Garland
Garland is about 4 miles north from Elwood. Its real estate prices are a lot less expensive. The median home in Garland is valued at $163,100, which comes out to $105,400 (64%) lower than Elwood. Rent there is substantially less expensive. The median rent in Garland is $743 per month, which works out to $457 (61%) lower than Elwood.
Mendon
Mendon is roughly 7 miles east of Elwood. Its real estate prices are pretty similar. The value of the median home in Mendon is $269,900, which is very similar to Elwood. Rent there is significantly less expensive. The median rent in Mendon is $725 a month, which works out to $475 (65%) lower than Elwood.
Corinne
Corinne is approximately 8 miles south of Elwood. The real estate prices there are a lot less expensive. The median home value in Corinne is $172,400, which comes out to $96,100 (55%) lower than Elwood. Rent there is fairly similar. Corinne's median rent is $1,188 per month, which works out to $12 (1%) lower than Elwood.
