Glenwood, IA is an attractive destination for real estate purchasers due to its relatively low median value of $263,500 and high 1-year house appreciation rate of 15.23%. The US housing median value is significantly higher at $338,100, while the US 1 year house appreciation rate is 8.27%, suggesting that Glenwood has a competitive housing market with potential for continued growth and investment opportunity. With these unique characteristics, it's no wonder that Glenwood is becoming increasingly popular for homeseekers looking to purchase in a thriving market.
The median home cost in Glenwood is $263,500. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Glenwood is up 15.4%.
Average Age of Homes
- The median age of Glenwood real estate is 47 years old
The Rental Market in Glenwood
- Renters make up 23.1% of the Glenwood population
- 2.3% of houses and apartments in Glenwood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.