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📍 Elwood, UT · Zillow ZHVI · July 2026

Average Home Price in
Elwood, UT

Ogden-Clearfield, UT metro area · Box Elder County County

Median Home Value
$578,290
↑ 1.7% year-over-year
vs. National Median
$410,000
Elwood is 41% above
Est. Monthly Payment
$3,016/mo
20% down · 6.8% rate
Income Needed
$153K
gross annual (30% rule)
Median Home Value
$578,290
↑ 1.7% year-over-year
Down Payment (20%)$115,658
Monthly P&I$3,016/mo
With Taxes & Ins.~$3,830/mo
Income Needed$153,200/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Elwood, UT

The median home value in Elwood, UT is $578,290 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.7% compared to a year ago and up 5.1% from two years prior.

Compared to the U.S. national median of $410,000, homes in Elwood are priced41% above average. Elwood is part of the Ogden-Clearfield, UT metro area.

City Comparison

Elwood vs. National Median

🏠 Elwood
$578,290
National Median
$410,000

At $578,290, homes in Elwood cost 41% above the national median of $410,000. Buyers in Elwood should expect to pay a premium compared to most U.S. markets.

Affordability

What Does It Cost to Buy in Elwood?

20% Down Payment
$115,658
on $578,290
Monthly P&I
$3,016/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,830/mo
incl. taxes & insurance
Income Needed
$153,200
gross annual (30% rule)
10% Down Option
$57,829
+ PMI applies
Loan Amount (20% dn)
$462,632
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Elwood, UT?
The median home value in Elwood is $578,290 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.7% year-over-year.
How much have home prices changed in Elwood?
Over the past year, home values in Elwood have increased by 1.7%.
How much do I need to earn to buy a home in Elwood?
To comfortably afford the median home price of $578,290 with a 20% down payment ($115,658) at today's rates (6.8%), you'd need a gross annual income of approximately $153,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Elwood compare to the national average home price?
The national median home value is approximately $410,000. At $578,290, homes in Elwood are 41% above the national average.
What metro area is Elwood part of?
Elwood is part of the Ogden-Clearfield, UT metropolitan area. Home prices and market conditions can vary across the broader metro region.