In May 2017, there were four homes sold, with a median sale price of $520,000 - a 16.1% increase over the $448,000 median sale price for the same period of the previous year. There were 11 homes sold in Elwood in May 2016.
The following table compares Elwood to other Suffolk County cities with similar median sales prices in May 2017:
| City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Centerport | 3 | 13 | -76.9% | $540,000 | $555,000 | -2.7% |
| Amagansett | 7 | 2 | 250% | $540,000 | $1,651,250 | -67.3% |
| East Moriches | 2 | 5 | -60% | $539,430 | $550,000 | -1.9% |
| Northport | 6 | 5 | 20% | $527,500 | $515,000 | 2.4% |
| Westhampton | 6 | 6 | 0% | $522,500 | $835,000 | -37.4% |
| Elwood | 4 | 11 | -63.6% | $520,000 | $448,000 | 16.1% |
| Greenport | 4 | 2 | 100% | $517,500 | $652,500 | -20.7% |
| Remsenburg-Speonk | 1 | 2 | -50% | $502,500 | $1,021,500 | -50.8% |
| Laurel | 3 | 1 | 200% | $499,000 | $450,500 | 10.8% |
| Southold | 18 | 14 | 28.6% | $497,500 | $531,000 | -6.3% |
| East Marion | 2 | 2 | 0% | $495,937.50 | $727,500 | -31.8% |
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