Indianapolis metro, IN relocation guide
Moving to Elwood, IN
$164,900Median listing price
MadisonArea
Commuter-friendlyCommute profile
About Elwood
Elwood is a small city straddling the Madison–Tipton county line in northern Madison County. Known for its glass-manufacturing heritage and the annual Glass Festival, it offers very affordable housing with a proud small-city identity.



Home prices in Elwood
The median listing price in Elwood is $164,900.
Top places in Elwood
- Downtown Elwood and the Glass Festival.
- Callaway Park.
- Historic Wendell Willkie heritage (Willkie was from Elwood).
Commuting from Elwood
- Approximate drive to downtown Indianapolis: ~50 minutes via SR-13/I-69 (approximate).
- No fixed-route transit.
Elwood FAQs
- What is the housing market like in Elwood, IN?
The median listing price in Elwood is $164,900. Median listing price · Realtor.com · September 2026 - How is the commute from Elwood, IN?
Approximate drive to downtown Indianapolis: ~50 minutes via SR-13/I-69 (approximate).
Town links
Schools
Transit
Official town resources. School report cards via the National Center for Education Statistics.