The median home in Elwood, Nebraska is valued at $389,489, up 10.0% year over year. Elwood is part of the Lexington, NE metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Lexington, NE stress score, crash risk, and 12-month forecast →

Home Value$389,489

+10.0%

AFFORDABILITY

Enter your income for Elwood.

Income (annual)

Down Payment

$77,898 on $389,489

Out of reach — 43.4% of income

Need $116,314/yr to afford.

PITI$2,714

P/I43.4%

Afford$251K

Gap-$138K

P&I $1,969Tax $562Ins $183

6.50% 30yr, 20% down, county tax + NE ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Nebraska

Compare Elwood with other housing markets across Nebraska.

Walton$662K Roca$582K Denton$579K Raymond$547K Fort Calhoun$522K Martell$520K Malcolm$507K Valley$499K

Full Lexington, NE analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Lexington, NE metro.

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ELWOOD, NE