Elwood, NY Real Estate

According to census data in the year 2000 there were 3,485 housing units in Elwood. This represents a 2.9% growth from 3,387 in 1990.

Of those housing units, 3,485 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Elwood is about 94.1%. Elwood's vacancy rate, including seasonal lodging, is about 1.7%. Average household size is 3.13 people.

The majority of houses, apartments or condos in Elwood were built after 1963.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.80%
Two Bedrooms6.80%
Three Bedrooms35%
Four Bedrooms42.80%
Five Bedrooms or more13.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.16
Median year structure was built1963
Median Value of occupied units$259,900
Median Price asked for vacant units$226,500

Rented Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1959
Median Monthly Rent asked for vacant units$1,333

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan9.50%
Simple Mortgage53.80%
Debt Free32.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.9%